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CLAIM #15418 · Comcast Corp (CMCSA) · 2024Q4 earnings call · Jan 30, 2025 · due Dec 31, 2025

Vast majority of the plant will have that mid-split side of things upgraded by the end of this year.

David Watson · President

PENDING
graded after results covering Dec 31, 2025 are reported

In context

se. Operator: The next question is from Craig Moffett from MoffettNathanson. Please go ahead. Craig Moffett: Hi, thank you. Dave, staying with the broadband business for a minute. Can you talk about what you've learned in your Project Genesis markets as the -- and you talked about now leaning into marketing and promotion around letting people know that, that's done. Talk about what that looks like, if you would? And what you expect will be different in the markets where you now have a symmetrical broadband offering with speeds that are sort of fiber-like, if you would? David Watson: Got it. Hey, Craig. So what -- first off, what we're pleased with, what we're learning is we're right on track in terms of Genesis. We -- 50% of the first phase completed, and we're moving at a very good clip. Vast majority of the plant will have that mid-split side of things upgraded by the end of this year. So we're pleased with it operationally. We're pleased with the architecture, the promise of virtualizing elements of it so we can introduce all the things that Mike mentioned in regards to how we manage the network day in, day out that keeps the -- it efficient and effective as a network. So we made significant progress. And -- but maybe the biggest point to what we're saying today is, we're certainly -- this is a vast road map to ubiquitous multi-gig symmetrical. But we're not waiting. We are moving now on the first phase as we upgrade the plant to be able to introduce the simplified packaging that I think will make a difference in the marketplace. This will obviously have our best tiers of broadband. Mobile will be included. It's really simplified and reducing a lot of the pain points t

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SEC filings for CMCSA · Claim quote is verbatim from the 2024Q4 earnings call.