International Companies
Comcast to spin out NBCUniversal, shares soar
By Michele Maatouk
Date: Monday 29 Jun 2026
(Sharecast News) - Shares in Comcast soared on Monday, after the US media giant unveiled plans to split into two separate businesses.
The Nasdaq-listed company intends to spin off NBCUniversal and Sky, leaving Comcast as a standalone tech company providing broadband and wireless services to around 65m homes and businesses.
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