Comcast Corporation (NASDAQ:CMCSA) turning their customers’ routers into public Wi-Fi hotspots was discussed by Jeremy Kaplan and Todd Haselton in a discussion on Fox Business.
Asked about whether the plan of the cable and internet company can have public safety implications, Kaplan, Digital Trends editor-in-chief, said that it is a possibility. However, he noted that Comcast Corporation (NASDAQ:CMCSA) is just replacing all of their customers’ routers with one that has two networks in one: a private network for the customer and one that any Comcast customer can log into.
Haselton, who is the executive director of mobile for TechnoBuffalo, said that he thinks what Comcast Corporation (NASDAQ:CMCSA) is doing is a great idea. Haselton pointed out that this plan can save customers valuable battery life because they will be able to use Wi-Fi networks from other Comcast customers. Using 4G LTE, he said, drains a phone’s battery faster especially when signals drop off and the phone tries to keep a hold of the signal. “Having Wi-Fi everywhere is great for people who are worried about battery life,” the executive noted.
Furthermore, he said that Comcast Corporation (NASDAQ:CMCSA) is giving people another reason to switch to them. Nonetheless, he said that because of the security concern, the company should make it easy for people to turn off the feature and also ensure that every customer should be aware that their router is broadcasting another network. Kaplan noted, however, that as far as he knows, customers will not be able to turn off the public Wi-Fi network that their new routers will be making.
Watch the video below where the duo also discuss Amazon.com, Inc. (NASDAQ:AMZN) and its upcoming phone.
Shareholders in Comcast Corporation (NASDAQ:CMCSA) includes Doug Silverman’s and Alexander Klabin’s Senator Investment Group which reported 6 million shares in the company by the end of March. Another shareholder is Tom Russo’s Gardner Russo & Gardner which reported about 4.77 million shares in the cable and internet firm during the same period.