Send the Legal Department, a major Consumer Affairs Reporter at a national cable/TV network and Comcast's Chairman an open letter. (And by the way, you've written your next column ...)
Despite their internal interpretation, a COURT looks at "the four corners of the document" and if the text is unambiguous it does not look further. Your interpretation IS correct. In law this is known as an "adhesion contract", i.e., "you're stuck with it--take it or leave it."
Don't kid yourselves, folks, the specific wording is a compromise between a bunch of lawyers wanted and what Customer Relations and Marketing thinks would definitely raise too much ire. No one internally at the Legal Dept will honestly be saying, "It can be interpreted like THAT? We didn't realize!"
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