Comcast rolls out 50 MBPS Internet service in Vermont

first_img(Vermont Biz April 6, 2010) – Comcast, a leading provider of entertainment, information and communications products and services, today announced it has made the leap from broadband to wideband with the launch of next-generation DOCSIS 3.0 in 29 communities across Vermont.  With wideband, Comcast has introduced a new echelon of Internet speeds, redefining the customer experience online and creating a platform for Internet innovation in the years ahead.Comcast now offers among the fastest speeds available today with wideband, including the Extreme 50 tier with download speeds of up to 50 Mbps.  Wideband has also enabled Comcast to double speeds for the majority of its existing residential high-speed Internet customers.The new extreme speeds are now available to residential homes and businesses in the communities of Burlington, Essex, Huntington, Saint George, South Burlington, Williston and Winooski, as well as the Addison County communities of Bristol, Lincoln, Middlebury, Monkton, New Haven, and Starksboro.  Comcast also offers wideband speeds in the Upper Valley area in the towns of Bridgewater, Cavendish, Chester, Hartford, Hartland, Londonderry, Ludlow, Norwich, Plymouth, Reading, Springfield, Weathersfield, West Windsor, Weston, Windsor and Woodstock.“Wideband utilizes our existing advanced fiber-optic network in neighborhoods across our footprint to dramatically enhance our customers’ online experience,” said Pam Mackenzie, Vice President for Comcast in Vermont.  “This new service will enable us to continue to offer our customers even faster speeds and an entirely new realm of Internet innovation.”As part of the wideband deployment, Comcast has launched a new 50 Mbps premium speed tier to its residential and business customers.  This new service is ideal for households or businesses simultaneously using several computers or Internet-connected devices.  They also appeal to those who simply want some of the fastest speeds available today:New Residential TierExtreme 50, offers up to 50 Mbps of downstream speed and up to 10 Mbps of upstream speed at $99.95 a month.*With Extreme 50, Comcast customers will be able to download a high-definition movie (6 GB) in about 16 minutes, a standard-definition movie (2 GB) in about five minutes and a standard-definition TV show (300 MB) in a matter of seconds.  Customers with Extreme 50 also will be able to download digital photos, songs and games faster than ever.In addition to the new speed tier, Comcast also is increasing speeds for most of its existing customers:Performance tier customers will benefit from doubled downstream and upstream speeds, offering up to 12 Mbps and 2 Mbps, respectively.Performance Plus customers will be upgraded to Comcast’s Blast! tier, which will double their download speeds to up to 16 Mbps and provide up to 2 Mbps of upload speed. Plus, with PowerBoost technology, customers are able to enjoy even faster speeds to download and upload files such as videos, games, music and photos.New Business Class TiersBusiness customers will also benefit from wideband with increased efficiency and productivity.  Customers can sign up for the Deluxe 50 Mbps / 10 Mbps tier for $189.95 a month, which includes a full suite of features and support.  As part of their service, Comcast Business Class customers receive Microsoft Communication Services, providing corporate class e-mail, calendaring and document sharing, as well as additional benefits such as firewall protection, static IP addresses, multiple e-mail addresses and business class 24/7 customer support.  Existing Business Class customers also will receive speed increases in the near future – speeds on the Starter tier will be doubled to up to 12 Mbps / 2 Mbps – and a second new Premium Tier is also now available, offering speeds up to 22 Mbps / 5 Mbps for $99.95 a monthAs of today, Comcast has rolled out the new wideband technology to more than 75 percent of its footprint across the nation, which means that more than 38 million homes and businesses can now enjoy one of the fastest Internet services in the country.For more information on Comcast’s wideband services, customers can call 1-800-COMCAST or visit www.comcast.com/fastestfast(link is external).* Pricing for residential customers and requires subscription to Comcast Cable service.About Comcast in VermontSince entering Vermont in November 2006, Comcast has aggressively expanded its services across the state, investing in its advanced fiber-optic network to bring broadband services to previously unserved homes and businesses and partnering with local communities.  The company has launched a number of its advanced services in this time, including Digital Cable with On Demand, High-Definition Television Service, Digital Video Recorders, Comcast High-Speed Internet service, Digital Voice, and the company’s Business Class suite of voice, Internet and cable television services for small and medium-sized businesses.  In addition, Comcast has offered programming of special interest to Vermonters.  Comcast also assists local non-profit organizations in Vermont with financial, in-kind and employee volunteer support.About Comcast CorporationComcast Corporation (Nasdaq: CMCSA, CMCSK) (www.comcast.com(link is external)) is one of the nation’s leading providers of entertainment, information and communication products and services.  With 23.6 million cable customers, 15.9 million high-speed Internet customers, and 7.6 million Comcast Digital Voice customers, Comcast is principally involved in the development, management and operation of cable systems and in the delivery of programming content.Comcast’s content networks and investments include E! Entertainment Television, Style Network, Golf Channel, VERSUS, G4, PBS KIDS Sprout, TV One, 11 regional sports networks operated by Comcast Sports Group and Comcast Interactive Media, which develops and operates Comcast’s Internet businesses, including Comcast.net (www.comcast.net(link is external)).  Comcast also has a majority ownership in Comcast-Spectacor, which owns two professional sports teams, the Philadelphia 76ers NBA basketball team and the Philadelphia Flyers NHL hockey team, and a large, multipurpose arena in Philadelphia, the Wachovia Center, and manages other facilities for sporting events, concerts and other events.Source: SOUTH BURLINGTON, VT – (April 6, 2010) – Comcast# # #last_img read more

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Latin American Criminals Go to China to Launder Money

first_imgBy Gustavo Arias Retana/Diálogo November 30, 2018 In August 2018, a special jury in Colorado pressed charges against 16 narcotraffickers who moved cocaine from Mexico to the United States and laundered money through Chinese banks. The process isn’t new: In 2017, the U.S. Drug Enforcement Administration (DEA) warned about criminal groups in Mexico, Colombia, and Venezuela that used their contacts with Chinese mafias to launder money through banking entities in the Asian nation. Sara Hsu, an associate professor of Economics at the State University of New York and specialist in the Chinese financial system, explains that the Asian nation is an attractive destination to launder money coming from Latin American criminal activities. One of the reasons is the strengthened link between groups such as Mexican drug cartels and Chinese mafias. “It’s true that Chinese regulations on money laundering were less rigorous in the past,” Hsu told Diálogo. “But the incentive comes from some Chinese gangs’ willingness to cooperate with Latin American criminals to launder money and participate in other illegal activities. As such, they become important facilitators for Latin American [criminal] organizations.” Hsu’s description fit what the DEA indicated in its 2017 National Drug Threat Assessment on the role of Chinese criminal organizations—particularly those operating in the United States—as money laundering facilitators for Latin American criminals. According to the report, Asian transnational criminal organizations (TCOs) “play a key role in the laundering of illicit drug proceeds. Asian TCOs involved in money laundering contract their services and in some cases work jointly with other criminal groups, such as Mexican, Colombian, and Dominican TCOs.” According to Hsu, some of the most common money laundering techniques are the purchase of Chinese products and fake commercial exchanges through casinos in Macau and Chinese money exchange houses. Gonzalo Villa, director of Latin America for the Miami-based Association of Certified Financial Crime Specialists, points to the use of cryptocurrencies like bitcoin as another strategy. “Bitcoin and other similar currencies are very attractive, because of their perceived anonymity and decentralized system,” Villa told Diálogo. “For example, the deep web or dark web has become the ideal place for online illegal activities. Using cryptocurrencies is now a method criminals increasingly use.” DEA also confirms that bitcoin and other cryptocurrencies allow Latin American drug cartels to easily transfer their illegal earnings worldwide. “Bitcoin is the most common form of payment for drug sales on dark net marketplaces and is emerging as a desirable method to transfer illicit drug proceeds internationally,” indicated the report. The Chinese financial system as accomplice One must keep in mind that many forms of money laundering Latin American criminals use in China count on a supportive financial system frequently sanctioned for its poor regulation. “Due to the weaknesses in its financial system, China has become an attractive hub to launder money at an international level,” Villa said. In recent years, several Chinese banks received sanctions or warnings in the United States for violating legal regimes to prevent financial crimes linked to money laundering. In 2018, U.S. authorities and financial regulatory agencies sanctioned the Industrial and Commercial Bank of China Financial Services LLC due to inconsistencies in its anti-money laundering compliance program. The company’s head office in New York was cited for deficiencies in its anti-laundering programs and was required to pay a fine of $12.5 million. In 2016, the New York State Department of Financial Services (NYSDFS) imposed a $215 million fine on the Agricultural Bank of China for violating money laundering rules, mainly for concealing suspicious transactions and silencing its compliance officer. In 2015, the Federal Reserve and NYSDFS ordered China Construction Bank to tighten money laundering controls in their New York subsidiary to resolve a legal action both regulatory bodies had submitted. The Chinese financial system shows little interest in correcting its weaknesses, in turn becoming a perfect ally for Latin American criminals who need to launder their profits generated by business such as drug sales. These criminals found in China the perfect combination of criminal partners, money laundering mechanisms, and accomplice banks.last_img read more

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Trump signs $484 billion measure to aid employers, hospitals

first_imgPresident Donald Trump has signed a $484 billion bill that aids employers and hospitals amid the coronavirus pandemic.The bill was approved by Congress on Thursday and it is the latest effort by the federal government to help keep afloat businesses that have had to close or dramatically alter their operations as states work to slow the spread of the virus.Trump said most of the funding in the bill would flow to small business through the Paycheck Protection Program, which provides money to small businesses to keep workers on their payroll. The Paycheck Protection Program ran out of money last week.“Great for small businesses, great for the workers,” Trump said.The bill will also provide hospitals with more money and will implement a nationwide virus testing program to facilitate reopening the economy.The four coronavirus relief bills approved so far by Congress would deliver at least $2.4 trillion for business relief, testing and treatment, and direct payments to individuals and the unemployed, according to the Congressional Budget Office.last_img read more

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Pollard’s 83 off 31 seals unlikely Mumbai Indians win

first_imgMUMBAI, India (CMC) – Captain Kieron Pollard struck a magnificent half-century but it was an unruffled Alzarri Joseph who stole a share of the honours, as he scampered a couple off the last ball of the match, to hand Mumbai Indians a dramatic three-wicket win over Chris Gayle’s Kings XI Punjab in the Indian Premier League (IPL) here yesterday.Starting the final over requiring 15 runs to overhaul their target of 198 at the Wankhede Stadium, Mumbai looked certain for the win when Pollard blasted a six off the first ball – a no-ball – from seamer Ankit Rajpoot and then lashed the resulting free hit for four.With just four runs needed from five balls, Pollard holed out to deep mid-wicket for a top score of 83 off just 31 deliveries.Joseph, who ended on an invaluable 15 not out off 13 balls, was kept scoreless off the third ball before getting a single off the fourth, and when Rahul Chahar squeezed a single into the deep, it left Mumbai needing two from the final ball.However, Antiguan Joseph kept his composure to punch Rajpoot down the ground and claim a memorable win for the hosts.Veteran Gayle had earlier struck 63 off 36 balls as Kings XI reached 197 for four off their 20 overs, after being sent in.The left-hander struck three fours and seven sixes but was outshone by opening partner Lokesh Rahul who carved out a brilliant unbeaten even hundred off 64 balls, striking half-dozen fours and sixes.Crucially, the pair put on 116 for the first wicket before Rahul combined with Mandeep Singh (seven not out) to add a further 46 in an unbroken fifth stand and give Kings XI a strong end to their innings.Joseph, who snatched a record-breaking six-wicket haul in his previous match, sent down two overs for 22 runs.In reply, Mumbai found themselves in trouble at 94 for four at the end of the 12th over despite 24 from Quinton de Kock and 21 from Suryakumar Yadav.But Pollard, leading Mumbai for the first time in the absence of Rohit Sharma, promoted himself to number four and revived the innings, adding 41 for the fifth wicket with Hardik Pandya (19) and a further 54 with Joseph for the seventh wicket.All told, the right-handed Pollard blasted three fours and 10 sixes as he raced to his first half-century of the season off 22 deliveries.With the victory, Mumbai moved up to third on eight points while Kings XI, also on eight points, slipped to fourth.last_img read more

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