Comcast Corporation

Comcast Corporation

Comcast's headquarters (Comcast Center) in Center City, Philadelphia, Pennsylvania.
Type	Public
Traded as	NASDAQ: CMCSA NASDAQ-100 component S&P 100 component S&P 500 component NASDAQ: CMCSK (1987-2015)
Industry	Telecommunications Mass media
Founded	June 28, 1963; 53 years ago (1963-06-28) Tupelo, Mississippi, United States
Founders	Ralph J. Roberts Daniel Aaron Julian A. Brodsky
Headquarters	Philadelphia, Pennsylvania, United States
Area served	Worldwide
Key people	Brian L. Roberts (Chairman & CEO) Michael Cavanagh (Senior Executive Vice President, CFO) David L. Cohen (Executive Vice President)
Products	Broadband Broadcasting Cable television Digital telephone HDTV Home Security Systems Internet Movie production Sport management Theme parks TV production Venture capital VoIP phone
Revenue	US$80.40 billion (2016)
Operating income	US$16.85 billion (2016)
Net income	US$8.69 billion (2016)
Total assets	US$180.5 billion (2016)
Total equity	US$53.94 billion (2016)
Number of employees	153,000 (Dec 2016)
Divisions	Comcast Cable NBCUniversal
Subsidiaries	Midco (49%) Comcast Interactive Media Comcast Spectacor Comcast Ventures
Website	corporate.comcast.com

Comcast Corporation (formerly registered as Comcast Holdings) is an American global telecommunications conglomerate that is the largest broadcasting and cable television company in the world by revenue. It is the second-largest pay-TV company after AT&T, largest cable TV company and largest home Internet service provider in the United States, and the nation's third-largest home telephone service provider. Comcast services U.S. residential and commercial customers in 40 states and in the District of Columbia. The company's headquarters are located in Philadelphia, Pennsylvania. As the owner of the international media company NBCUniversal since 2011, Comcast is a producer of feature films and television programs intended for theatrical exhibition and over-the-air and cable television broadcast.

Comcast operates over-the-air national broadcast network channels (NBC and Telemundo), multiple cable-only channels (including MSNBC, CNBC, USA Network, NBCSN, E!, The Weather Channel, among others), the film production studio Universal Pictures, and Universal Parks & Resorts in Los Angeles and Orlando. The first Universal theme park outside of the U.S., Universal Studios Japan, opened in 2001, followed by Universal Studios Singapore in 2011. Few new locations are being planned or developed for future operation. Comcast also has significant holdings in digital distribution (thePlatform). In February 2014 the company agreed to merge with Time Warner Cable in an equity swap deal worth $45.2 billion. Under the terms of the agreement Comcast was to acquire 100% of Time Warner Cable. However, on April 24, 2015, Comcast terminated the agreement.