Comcast
Comcast Corporation
Type
Public (NASDAQ: CMCSA and
NASDAQ: CMCSK)
Founded
Tupelo, Mississippi, USA
(1963)
Founder(s)
Ralph J. Roberts
Daniel Aaron
Julian A. Brodsky
Headquarters Philadelphia, Pennsylvania,
USA
Area served
USA
Key people
Brian L. Roberts
(Chairman) & (CEO)
Industry
Telecommunications
Products
Cable Television, Broadband
Internet, Comcast Digital
Voice, Home Networking
Revenue
▲ US$ 30.895 Billion (2007)
Operating
income
▲ US$ 5.578 Billion (2007)
Net income
▲ US$ 2.587 Billion (2007)
Total assets
▲ US$ 113.417 Billion (2007)
Total equity
▲ US$ 41.340 Billion (2007)
Employees
100,000 (2008)
Website
Comcast.com
Comcast Corporation
(NASDAQ: CMCSA
and NASDAQ: CMCSK) is a company founded
in 1963 that provides cable television, Inter-
net service and residential telephone service
in the United States.[1][2][3][4]
History
Comcast was founded in 1963 by Ralph J.
Roberts, Daniel Aaron, and Julian A. Brodsky
based on a recommendation from Warren
"Pete" Musser, of Harrisburg, who brought
the deal to Ralph Roberts to buy his first
cable system in Tupelo, Mississippi. The com-
pany was incorporated in Pennsylvania in
1969, under the name Comcast Corporation
from American Cable Systems. The current
name "Comcast" is an amalgamation of the
words "Communication" and "Broadcast".
Comcast became majority owner of Com-
cast Spectacor, Comcast SportsNet (in Chica-
go, Comcast Television (in Michigan), Phil-
adelphia, Washington DC/Baltimore, MD, the
San Francisco Bay Area, the Pacific Northw-
est and metro Sacramento), E! Entertainment
Television, Style Network, G4, The Golf
Channel and Versus (formerly known as Out-
door Life Network) over a period of years. In
2006, Comcast started a new sports channel
in cooperation with Major League Baseball’s
New York Mets, SportsNet New York in the
greater New York City region.
Comcast logo in the 1990s, featuring then-
slogan "Everything You Connect With"
Comcast also has a variety network known
as Comcast Network, available exclusively to
Comcast and Cablevision subsc