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Comcast Raises Fastest WiFi Internet Speed In California Without Additional Cost

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  • Comcast Corp (NASDAQ: CMCSA) will increase the fastest Xfinity Internet tier in California from tomorrow to extend the advantage of the WiFi technology capable of delivering faster speed than one Gigabit per second (Gbps).

  • Additionally, California’s Performance Starter+ customers’ download speed will be raised from 25 Megabits per second (Mbps) to 50 Mbps.

  • The upgrades will not entail incremental cost.

  • The new upgraded Xfinity Gigabit tier will need an xFi Advanced Gateway or one of the WiFi 6 capable devices compatible with the Xfinity network.

  • Comcast will reach out to Gigabit Internet customers for equipment upgrade without any additional cost.

  • Performance Starter+ customers will not require any new equipment.

  • Comcast has dedicated over $15 billion for network consolidation and expansion since 2017.

  • Price action: CMCSA shares traded higher by 0.72% at $54.55 on the last check Wednesday.

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