Comcast

From Wikipedia, the free encyclopedia
Jump to: navigation, search
Comcast Corporation
Type Public
Traded as
Industry Telecommunications
Mass media
When it was created June 28, 1963; 54 years ago (1963-06-28)
Tupelo, Mississippi, United States
People who started it Ralph J. Roberts
Daniel Aaron[3]
Julian A. Brodsky
Area served Worldwide[4]
Key people
Things made
Money earned Increase US$ 74.51 billion (2015)[6]
Operating income Increase US$ 16.00 billion (2015)[6]
Net income Decrease US$ 8.16 billion (2015)[6]
Total assets Increase US$ 166.57 billion (2015)[6]
Total equity Increase US$ 52.27 billion (2015)[6]
Employees 153,000 (Dec 2015)[7]
Divisions Comcast Cable
NBCUniversal[8]
Subsidiaries
Website corporate.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[change | change source]

Other websites[change | change source]