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 15 ratings

Comcast Latest News

Comcast to roll out a TV streaming service later this year

Over the past few years, the number of consumers opting to cut the cord in favor of more affordable streaming services from the likes of Netflix and Hulu has increased dramatically. Consequently, traditional cable providers are finally starting to embrace ...
Posted: March 28, 2017, 1:00 am

Comcast Is Ready to Go Over the Top

Consumers have access to a growing number of over-the-top (OTT) linear TV services. From Dish Network's Sling TV to AT&T's (NYSE:T) DIRECTV Now to soon-to-be-launched services like YouTube Unplugged and Hulu. It's still unclear what kind of impact these ...
Posted: March 29, 2017, 12:00 am

Comcast Plans to Launch Low-Cost Broadband Skinny TV Bundles Across U.S. Footprint in Q3

Comcast, looking to build another TV on-ramp for subscribers, is rebranding its broadband-delivered “skinny bundle” service as Xfinity Instant TV and plans to roll out the service across its U.S. footprint in the third quarter of 2017, sources ...
Posted: March 28, 2017, 10:25 am
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