Public | |
Traded as |
|
Industry |
Telecommunications Mass media |
Founded | June 28, 1963 Tupelo, Mississippi, United States |
Founders |
Ralph J. Roberts Daniel Aaron Julian A. Brodsky |
Headquarters | Philadelphia, Pennsylvania, United States |
Area served
|
Worldwide |
Key people
|
|
Products | |
Revenue | US$80.40 billion (2016) |
US$16.85 billion (2016) | |
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 |
Xfinity NBCUniversal |
Subsidiaries |
|
Website | corporate |
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, California; Orlando, Florida; and Osaka, Japan. Universal Studios Singapore, one of the four Universal operating theme parks, is wholly owned by Genting Group, and a few new locations such as Universal Studios Beijing are currently under construction or planned in the future. Comcast also has significant holdings in digital distribution, such as thePlatform, acquired in 2006. 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. Comcast and Charter Communications entered into an agreement to conduct exclusive discussions with Sprint in late June 2017.