Comcast's (CMCSA) $19M Expansion Brings Speed and Support to Bossier City

Comcast Corporation (NASDAQ:CMCSA) is one of the best depressed stocks to buy in 2025. On August 5, Comcast Corporation announced a $19 million initiative to enhance Bossier City’s high-speed internet infrastructure, aiming to complete the project by late 2026.

New services will launch in select neighborhoods this year, offering internet plans starting at $14.95/month with a five-year price lock. Comcast’s strong financial position, characterized by a 70.8% gross profit margin and 18 consecutive years of dividend payments, underscores its ability to sustain investment.

Alongside its infrastructure upgrade, Comcast is deepening community ties through support for events like the Red River Balloon Rally and a free haircut drive for veterans. Employees packed 200 backpacks with school supplies ahead of an August 9 donation drive, and the company lit up the Bakowski Bridge of Lights to symbolize its growing presence. This expansion reflects Comcast’s broader goal to close the digital divide with multi-gigabit speeds and 99.9% reliability.

Comcast Corporation (NASDAQ:CMCSA) is a global media and technology leader with diverse operations spanning connectivity, content, and experiences. Its Residential and Business Connectivity divisions offer high-speed broadband, wireless services, video platforms, and enterprise-level Ethernet solutions.

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Disclosure: None. This article is originally published at Insider Monkey.