Comcast Net Worth is$79.8 B
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deserves the money?
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Logo: Image:Comcast Logo.svg
Type: Public company
Traded As: CMCSA, CMCSK, S&P 500''
Foundation: Tupelo, Mississippi, (June 28, 1963)
Founder: Ralph J. Roberts, Julian A. Brodsky
Location: Comcast Center (Philadelphia),
Area Served: Nationwide
Key People: Brian L. Roberts,
Products: '''Xfinity''', Broadcasting, radio
Industry: Telecommunications, Mass media
Revenue: {{increase US$ 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 9 ratings

Comcast Latest News

Comcast Allows HBO GO and Showtime Streaming on Roku

Comcast has finally ended its feud with streaming service Roku, and Comcast subscribers will finally be able to use Roku to view shows from HBO GO and Showtime. Roku announced the partnership in a blog post on Dec. 16. Comcast now joins the ranks of ...
Posted: December 18, 2014, 8:33 am

DISH, Comcast SportsNet reach deal in regional dispute

The two pay-TV companies have been in negotiations over whether DISH would drop Comcast's regional sports network, threatening access to televised games for satellite-TV customers in the Chicago, San Francisco and Washington areas. "DISH has reached a ...
Posted: December 20, 2014, 3:12 pm

If Comcast Loses, Millennials Win

Last month, President Obama released a statement directed at the FCC in favor of net neutrality. In it, he threw his support behind reclassifying Internet service as a utility—a move that has raised new concerns about the proposed $45 billion merger ...
Posted: December 17, 2014, 10:13 am
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