Comcast
Comcast is a media, entertainment and communications provider in the United States. Its primary business involves the operation of cable systems via Comcast Cable which provides video, high-speed internet and telephone services for residential and business establishments. The company also owns a majority share of NBC Universal, owner and operator of entertainment and news cable networks such as the NBC and Telemundo broadcast networks, local TV stations, TV & motion picture production studios and theme parks. The company trades at NASDAQ under the ticker symbols CMCSA and CMCSK. The company's headquarters is located in Philadelphia, PA. Brian L. Roberts serves as Chairman and Chief Executive Officer of Comcast.[3]
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| Type: | Public |
| Industry: | Telecommunications |
| Founded: | 1963 |
| Founder(s): | Ralph J. Roberts Daniel Aaron Julian A. Brodsky |
| Headquarters: | One Comcast Center Philadelphia, Pennsylvania |
| Country: | USA |
| Employees: | 102,000 [1] |
| Revenue: | $37.937 as of 2010 [2] |
| Website: | www.comcast.com |
| Blog: | Comcast Voices |
| Facebook: | Comcast |
| LinkedIn: | Comcast |
| Twitter: |  @comcast
|
| Key People | |
| Brian L. Roberts, Chairman, President, & CEO | |
History
On November 13, 1963, Ralph Roberts purchased American Cable Systems, a small cable TV operator owned by Jerrold Electronics in Tupelo Mississippi for $500,000 after selling his interest in Pioneer Industries. At that time, American Cable Systems has only five channels available for its 1,500 subscribers. Roberts believed that the business has a great potential. After purchasing the company, Roberts encouraged Daniel Aaron, systems director and Julian Brodsky, CPA; both employees from Jerrod Electronics to join him manage the business. According to Roberts, his objective was to bring television to people who couldn’t receive television signals because they are located in areas that were too far from TV stations or they are located in a small market with only one TV station running.[4] [5]
Products & Services
The company offers the following products to consumers:[6]
- Xfinity TV
- Xfinity Internet
- Xfinity Voice
- Comcast Business Class
- Comcast Interactive Media
- Comcast Spotlight
References
- ↑ Form 10-K
- ↑ Form 10-K
- ↑ Company Overview
- ↑ [ http://www.fundinguniverse.com/company-histories/Comcast-Corporation-company-History.html Comcast Corporation Company History]
- ↑ Ralph Roberts Interview, Part 1
- ↑ Corporate Overview