Comcast Corporation is a U.S.-based company operating in the communications services sector, classified within the media and telecommunications industry. It is one of the largest global providers of cable, broadband, entertainment, and media services.
Founded by Ralph J. Roberts, Comcast began as a local cable television provider and later expanded into high-speed internet, voice services, streaming platforms, and global media operations.
The company’s portfolio includes cable TV, broadband internet, home phone services, streaming platforms, and enterprise communications solutions. Key brands include Xfinity, NBCUniversal, and Sky, covering content production, broadcasting, theme parks, and telecommunications across multiple regions.
Comcast operates primarily in the United States, but holds significant international presence through Sky, serving millions of customers across the UK, Ireland, Germany, Italy, Austria, and Switzerland.
Market drivers affecting its operations include advancements in telecommunications, the rise of streaming, competition from digital platforms, regulatory dynamics, and continuous investment in broadband and 5G infrastructure.
With more than 186,000 employees, Comcast maintains a global operational structure that includes cable and fiber networks, broadcasting centers, production studios, theme parks, and international telecom platforms.
Comcast Corporation is listed on the Nasdaq under the ticker CMCSA.
History and Foundation of Comcast Corporation
Comcast Corporation was founded in 1963 in Tupelo, Mississippi, by Ralph J. Roberts, along with Daniel Aaron and Julian Brodsky. The company began as American Cable Systems, a small cable television operator.
In 1969, it adopted the name Comcast, marking the beginning of its expansion strategy through acquisitions and regional growth. Throughout the 1980s and 1990s, Comcast invested heavily in digital cable technology and broadened its footprint across the United States.
In 2002, Comcast acquired AT&T Broadband, becoming the largest cable operator in the country. The acquisition of NBCUniversal in 2011 further expanded the company into broadcasting, film production, and theme parks.
In 2018, Comcast completed its acquisition of Sky plc, significantly strengthening its presence in Europe.
Between 2020 and 2024, Comcast continued to expand its broadband network, enhanced its mobile services, and invested in the development and global expansion of its streaming platform, Peacock.
Additional Information
The Company Comcast Corporation (United States), is listed on Nasdaq with a market value of $ 108.68 Billions, having an equity of $ 97.64 Billions.
With a total of 168.000 employees, the company is listed in the sector of Services and categorized in industry of Communications Services.
In the last 12 months the Company had a revenue of $ 123.31 Billions, which generated a profit in the amount of $ 22.61 Billions.
As for its main indicators, the Company has a P/E ratio of 4.81, a P/BV ratio of 1.11 and in the last 12 months the dividend yield of CMCSA was at 4.40%.
The Company is traded internationally through the ticker CMCSA.