Comcast Net Worth is$79.8 B
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deserves the money?
Rating: 1.9/5 (14 votes cast)
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Would you date ?
Rating: 2.7/5 (9 votes cast)
Logo: Image:Comcast Logo.svg
Type: Public company
Traded As: CMCSA, CMCSK, S&P 500''
Foundation: Tupelo, Mississippi, (June 28, 1963)
Founder: Ralph J. Roberts, Julian A. Brodsky
Location: Comcast Center (Philadelphia),
Area Served: Nationwide
Key People: Brian L. Roberts,
Products: '''Xfinity''', Broadcasting, radio
Industry: Telecommunications, Mass media
Revenue: {{increase US$ 55.842 billion (2011) Operating Income: net income
Assets: equity
Num Employees: 126,000 (2011) Subsid: NBCUniversal (51% share in a joint venture with General Electric), Comcast-Spectacor (63%, remaining stock owned by chair Ed Snider)
Homepage: www.comcast.com
Comcast Corporation (NASDAQ: CMCSA, CMCSK) is the largest cable operator, one of the biggest media conglomerates, home Internet service provider, and third largest home telephone service provider in the United States, providing cable television, broadband Internet, telephone service and in some areas home security (including burglar alarms, surveillance cameras, fire alarms and home automation) to both residential and commercial customers in 40 states and the District of Columbia.
The company is headquartered in Philadelphia, Pennsylvania. Comcast also has significant holding in several cable networks (including E! Entertainment Television, Style Network, G4, The Golf Channel and NBC Sports Network), distribution (ThePlatform), and related businesses. Comcast acquired a majority stake in media conglomerate NBCUniversal in January 2011. Comcast has been the subject of criticism for activities including its stance on net neutrality, as well as poor results on customer satisfaction surveys.
Comcast Cable was originally formed as American Cable Systems in 1963 and was founded by Ralph J. Roberts, Daniel Aaron and Julian A. Brodsky based on a recommendation from Pete Musser, who brought the deal to Ralph Roberts to buy his first cable system in Tupelo, Mississippi. The company was incorporated in Pennsylvania in 1969, under the new name Comcast Corporation.[dead link] The name "Comcast" is a portmanteau of the words "Communication" and "Broadcast".
Over a number of years, Comcast became majority owner of Spectacor (renamed to Comcast Spectacor), Comcast SportsNet (in Chicago, Michigan, Philadelphia, Washington DC/Baltimore, New England, the San Francisco Bay Area, the Pacific Northwest and metro Sacramento), as well as E! Entertainment Television, Style Network, G4, The Golf Channel and NBC Sports Network (formerly the Outdoor Life Network, then Versus). In 2006, Comcast started a new sports channela??SportsNet New Yorka??in the greater New York City region, in

Comcast Net Worth, 1.9 out of 5 based on 14 ratings

Comcast Latest News

Comcast and Alarm.com split up Icontrol Networks to beef up their smart-home efforts

This move puts Comcast in control of its smart-home destiny, and it could leave ADT’s in the hands of Alarm.com. Comcast and Alarm.com on Thursday announced plans to acquire business units from Icontrol Networks. Comcast will take over Icontrol’s ...
Posted: June 24, 2016, 1:00 am

Comcast and Alarm.com will buy and split Icontrol

This story was delivered to BI Intelligence IoT Briefing subscribers. To learn more and subscribe, please click here. Icontrol Networks, a smart home company that manages more than 36 million connected devices, has been acquired and split up by both ...
Posted: June 25, 2016, 8:13 am

Comcast announces 10-gig fiber network service for businesses

Comcast will soon be offering fiber-based internet service that will increase internet speed and privacy for local businesses. The new multimillion-dollar, 10-gig fiber network is geared toward mid- to large-size companies in the area that have internet ...
Posted: June 23, 2016, 1:00 am
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