12 Oct Comcast Seeks to Boost Streaming Access with Rollout of First Household Multi-Gig Internet Speeds [Media Play News]
BY ERIK GRUENWEDEL
October 12, 2023 | Comcast Corp. Oct. 12 announced that next week it will begin to introduce what it claims is the first residential multi-gigabit internet speeds, affording faster uploads and downloads of data, including video entertainment, over existing cable network connections.
The move is seen as an attempt by the company, the No. 1 cable and broadband provider, to boost its broadband business and at the same time make up for the continued loss in the cable pay-TV business by getting viewers to shift to OTT streaming.
The rollout is powered by the latest “Data-Over-Cable-Service-Interface-Specification” (DOCSIS 4.0) technology used for internet connectivity.
Comcast will begin rolling out DOCSIS 4.0 to select neighborhoods in Colorado Springs, Colo., and will launch new markets throughout the country over the next few years. Select areas of Atlanta and Philadelphia (Comcast’s corporate headquarters) are expected to begin rolling out before the end of this year. Xfinity customers in Colorado Springs will be able to sign up online for the new DOCSIS 4.0-powered internet plans.