Comcast and FL Atty Genl Bill McCollum reached a $150K settlement resolving concerns over the MSO’s disclosure of bandwidth use policies. The investigation was over Comcast’s "Acceptable Use Policy," which prohibited the excessive use of bandwidth or downloading. Customers using excessive amounts faced losing their service if they didn’t curb bandwidth use, but Comcast allegedly didn’t inform customers of a specific bandwidth limit. Under the settlement announced Fri, Comcast agreed not to enforce the excessive use policy without prior clear disclosure of the bandwidth limit. The MSO will reimburse the state $50K for its investigation and will contribute $100K to fund future investigations for Floridians. Comcast recently announced it would cap HSD users’ monthly bandwidth at 250GB starting Oct 1.

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Netflix Strikes Fear With Low Guidance

Netflix stock lost nearly a quarter of its value Friday in the aftermath of a 4Q21 earnings call where the C-Suite guided to an underwhelming 1Q22.

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