This multinational cable and mass media company founded in the year 1963 and headquartered in Philadelphia, Pennsylvania.
It is the largest cable television and broadcasting company in the world in terms of total revenue. It has evolved from a regular cable operator service provider to an established communication and media company in its five-decade presence in the US Media and telecommunication industry.
Comcast provides video, phone, high speed Internet and broadband services to general public and business customers in the United States.
This company was ranked 35th in Forbes 2000 Global Ranking 2016 of World’s Biggest company in terms of Revenue, Market value, Assets and Profits and 37th in Fortune 500 Ranking 2016 based on Revenue. The company had a revenue of $74.5 billion in the financial year ending 2015.
With an employee base of around 153000, Comcast has currently 17 million internet customers, 23 million cable customers, and 8 million mobile customers, which in sum provides to a nationwide market share of around 30 percent.
Comcast associates itself to the digital world with its Division Interactive Media which focuses on the development of interactive media exclusively and is currently Comcast.net (Xfinity), which supplies its users with information and web services.
The company operates in five segments: Cable Communications and Networks, Filmed Entertainment, Broadcast Television and Theme Parks. Cable Communications segment provides voice, video, high-speed Internet services to business and residential customers; Cable Networks segment provides national and international cable television networks, and related digital media properties; Broadcast Television segment provides broadcasting network services; Filmed Entertainment segment deals with filmed entertainment and stage plays worldwide; Theme Parks segment that provides for universal theme parks in Hollywood and Orlando.