Comcast has commenced a cash tender offer for certain of its outstanding debt securities (referred to below as the "notes"). The tender offer consists of an offer to purchase up to $1.3 billion aggregate principal amount of certain notes, and is being made pursuant to an "Offer to Purchase" dated today, which sets forth a more comprehensive description of the terms of the offer. The amount being tendered for represents approximately one-third of the aggregate outstanding principal amount of the notes subject to the offer.

The tender offer is scheduled to expire at 9 a.m. Eastern time on July 17 unless extended or earlier terminated.

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Supply Chain: Fiber Demand Skyrockets in Age of COVID

Broadband and cable operator are running into supply chain problems as they embark on construction—particularly for fiber.

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