Comcast to Expand Internet Service Program for the PoorTodd Shields
Comcast Corp., the largest U.S. cable-television company, said it will extend indefinitely its program to provide Internet connections to low-income people.
The program has enrolled 1.2 million people since its inception in May 2011, David L. Cohen, an executive vice president for Philadelphia-based Comcast, said on a conference call today. The program provides eligible families with an Internet connection for $9.95 a month, Cohen said.
Comcast needs U.S. regulatory approval for its proposed $45.2 billion purchase of New York-based Time Warner Cable Inc., the No. 2 carrier in the nation. The deal, announced Feb. 13, goes for approval before antitrust regulators and the Federal Communications Commission.