Comcast Corporation

Philadelphia, PA United States

 

Company Description

Commerce plus broadcasting equals Comcast. The company's core cable division is the largest pay-TV provider in the US (ahead of satellite provider DIRECTV and direct competitor Time Warner Cable) with more than 22 million video subscribers. Comcast derives the bulk of its revenue from its cable services offered in 39 states and the District of Columbia. It has about 18 million broadband Internet subscribers, while its XFINITY computer telephony service has more than 9 million customers. Comcast also has cable programming interests, such as E!, G4, and The Golf Channel, and sells time to advertisers. In 2011 the company formed a joint venture with General Electric that gave it a 51% interest in NBCUniversal (NBCU).