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Comcast Statement Regarding U.S. Department of Justice Verizon Wireless-SpectrumCo Commercial Agreements Consent Decree



  Comcast Statement Regarding U.S. Department of Justice Verizon
  Wireless-SpectrumCo Commercial Agreements Consent Decree

Business Wire

WASHINGTON -- August 16, 2012

Today, the U.S. Department of Justice filed a Consent Decree and Competitive
Impact Statement regarding the Verizon Wireless-SpectrumCo, LLC (a joint
venture between Comcast Corporation, Time Warner Cable, and Bright House
Networks) commercial agreements with the United States District Court for the
District of Columbia.

Statement attributable to David L. Cohen, Executive Vice President, Comcast
Corporation:

"We appreciate the timely completion of the antitrust review by the government
of the proposed sale of spectrum and associated commercial agreements between
Verizon Wireless, Comcast, and the other cable companies. And, we are pleased
that the consent decree that we have negotiated with the Department of Justice
preserves the most important goals of the agreements, including Comcast's
ability to market Verizon Wireless services throughout our footprint in order
to offer our customers a wireless option, Verizon Wireless' ability to market
our products in virtually all of our footprint, our ability to opt into an
MVNO relationship with Verizon Wireless, and the essential structure of the
innovation R&D technology joint venture. We are also pleased that the FCC is
circulating an order proposing approval of the spectrum sale and we are
hopeful that a final order will be issued shortly."

About Comcast Corporation

Comcast Corporation (Nasdaq: CMCSA, CMCSK) (www.comcast.com) is one of the
world’s leading media, entertainment and communications companies. Comcast is
principally involved in the operation of cable systems through Comcast Cable
and in the development, production and distribution of entertainment, news,
sports and other content for global audiences through NBCUniversal. Comcast
Cable is one of the nation’s largest video, high-speed Internet and phone
providers to residential and business customers. Comcast is the majority owner
and manager of NBCUniversal, which owns and operates entertainment and news
cable networks, the NBC and Telemundo broadcast networks, local television
station groups, television production operations, a major motion picture
company and theme parks.

Contact:

Comcast Corporation
Joelle Terry, 202-379-7151
joelle_terry@comcast.com
or
John Demming, 215-286-8011
john_demming@comcast.com
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