Comcast Cable
 |
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| Xfinity | |
| Division | |
| Industry | Telecommunications |
| Founded | April 2, 1981 (as Comcast Cable) |
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Key people
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Dave Watson (President & CEO) |
| Products | Cable television, broadband internet, VoIP phone, Home security |
| Parent | Comcast |
| Subsidiaries |
Comcast Business Comcast Spotlight Comcast Wholesale Xfinity Mobile |
| Website | www |
Comcast Cable Communications (DBA Xfinity) is the cable television division of Comcast. Xfinity's CEO is Dave Watson, its chairman is Brian L. Roberts, and its CFO is Catherine Avgiris. Xfinity went from $23.7 billion in revenue in 2007 to $48.1 billion in 2013.
On February 3, 2010, Comcast began promoting Xfinity, the company's rebranded trademark for triple play services in Comcast's largest markets, including the company's digital cable, cable Internet access, and cable telephone services and radio. Comcast Digital Cable was renamed "Xfinity TV", Comcast Digital Voice became "Xfinity Voice", and Comcast High Speed Internet became "Xfinity Internet". Business Services remains under the "Comcast" name. A marketing push involving the new Xfinity brand took place during the 2010 Winter Olympics coverage on NBC, which was in the early stages of a merger with Comcast.
The Xfinity rebranding has been controversial as a purported effort to sidestep the negativity of the Comcast brand. In February 2010, TIME listed Xfinity at number 2 in their Top 10 Worst Corporate Name Changes list.
Comcast is the largest provider of cable internet access in the US, servicing 40% of the market in 2011. As of June 30, 2013, Comcast has 19.986 million high-speed internet customers. According to the Comcast High Speed Internet terms of service, residential customers are provided with dynamic IP addresses.
Comcast began offering internet services in late 1996, when it helped found the @Home Network, which sold internet service through Comcast's cable lines. The agreement continued after @Home's merger with Excite. When the combined company Excite@Home filed for bankruptcy in 2002, Comcast moved their roughly 950,000 internet customers completely onto their own network.
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Wikipedia