Comcast

Comcast Corporation
TypePublic
Traded as
  • CMCSA
  • NASDAQ-100 component
  • S&P 100 component
  • S&P 500 component
  • Template:NASDAQ was (1987-2015)[1][2]
IndustryTelecommunications
Mass media
When it was createdJune 28, 1963; 55 years ago (1963-06-28)
Tupelo, Mississippi, United States
People who started itRalph J. Roberts
Daniel Aaron[3]
Julian A. Brodsky
Area servedWorldwide[4]
Key people
  • Brian L. Roberts
  • (Chairman & CEO)
  • Michael Cavanagh[5]
  • (Senior Executive Vice President, CFO)
  • David L. Cohen
  • (Executive Vice President)
Things made
Money earnedIncrease US$ 74.51 billion (2015)[6]
Operating incomeIncrease US$ 16.00 billion (2015)[6]
Net incomeDecrease US$ 8.16 billion (2015)[6]
Total assetsIncrease US$ 166.57 billion (2015)[6]
Total equityIncrease US$ 52.27 billion (2015)[6]
Employees153,000 (Dec 2015)[7]
DivisionsComcast Cable
NBCUniversal[8]
Sky plc
Subsidiaries
Websitecorporate.comcast.com

Comcast Corporation is the biggest cable television company, the second biggest Internet service provider and the third biggest telephone company in the United States.[9][10][11]

In 2007, Comcast was accused of bandwidth throttling, or the provider slowing the internet connection they have, by its customers. The FCC has launched an investigation regarding the situation.

On January 28, 2011, Comcast bought 51 percent of NBCUniversal (owner of NBC and Universal Studios) from General Electric, but Comcast owns 51 percent of NBCUniversal while General Electric remains 49 percent of NBCUniversal until 2013. In March 2013, Comcast completed the purchase by acquiring the remaining 49 percent of NBCUniversal from General Electric.

In February 2014, Comcast settled a deal to purchase the second largest cable television provider, Time Warner Cable for $45 billion USD.

On April 28, 2016, Comcast NBCUniversal annnounced that it would acquire DreamWorks Animation for $3.8 billion. The Comcast NBCUniversal-DreamWorks Animation acquisition was completed on August 22, 2016.

Comcast offers cable TV, High Speed Internet, telephone and home security. Their products are branded as Xfinity.

References

  1. "Comcast bids for Disney". Retrieved November 5, 2016.
  2. "CMCSK:US". Retrieved November 5, 2016.
  3. "Comcast Corporation - Other".
  4. IfM - Comcast/NBCUniversal, LLC. Institute of Media and Communications Policy Mediadb.eu (undated). Retrieved on June 11, 2015.
  5. "People: Comcast Corp (CMCSA.OQ)". Reuters. Retrieved February 22, 2014.
  6. 6.0 6.1 6.2 6.3 6.4 "COMCAST CORP 2015 Annual Report Form (10-K)" (XBRL). United States Securities and Exchange Commission. February 5, 2016.
  7. "Comcast, Form 10-K, Annual Report, Filing Date Feb 05, 2016". Retrieved February 8, 2016.
  8. Valuentum (June 21, 2016). "Comcast Impresses With Free Cash Flow Generation".
  9. National Cable & Telecommunications Association, Top 25 MSOs - As of March 2007
  10. http://www.isp-planet.com/research/rankings/usa.html
  11. "Comcast Now Third Largest Phone Company", DSL Reports, 2009, retrieved 2010-03-19
Other Languages
العربية: كومكاست
bosanski: Comcast
čeština: Comcast
Deutsch: Comcast
eesti: Comcast
English: Comcast
español: Comcast
فارسی: کامکست
français: Comcast
galego: Comcast
한국어: 컴캐스트
Bahasa Indonesia: Comcast
italiano: Comcast
עברית: קומקאסט
Bahasa Melayu: Comcast
norsk: Comcast
polski: Comcast
português: Comcast
română: Comcast
Scots: Comcast
کوردی: کۆم کاست
srpskohrvatski / српскохрватски: Comcast
suomi: Comcast
Türkçe: Comcast
українська: Comcast
Tiếng Việt: Comcast
中文: 康卡斯特