Comcast to Boost CAPEX, issue $1000 Holiday Bonuses
Following the passage of the tax reform legislation, Comcast announced plans to increase its capital expenditures and to issue $1,000 bonuses to more than one hundred thousand eligible frontline and non-executive employees.
Comcast said it now plans to spend “well in excess of $50 billion over the next five years investing in infrastructure to radically improve and extend our broadband plant and capacity, and our television, film, and theme park offerings.
Further details will be disclosed in the upcoming earnings report on January 24th.
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Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about All. A technology from the archive that helped get us here:
Google/Alphabet Project Loon served 2011–2021. What ultimately replaced it?
Google/Alphabet Project Loon solar-powered balloons drifting in the stratosphere (~20 km), steering by rising and falling into different wind layers, relaying LTE from ground stations to phones far below. Its job passed to Unit economics — but the problem it solved, and the ideas it proved, live on in what replaced it. The standard rests here in the archive. One of 198 technologies here that opened a door and then held it for the next.
