Comcast Corporation

Comcast Corporation is a leading global media and technology company headquartered in Philadelphia, Pennsylvania. Established in 1963, Comcast has evolved into a multifaceted conglomerate, offering a diverse range of services that cater to both residential and business customers.

Residential Services

Through its Xfinity brand, Comcast provides comprehensive residential services, including high-speed internet, cable television, and home security solutions. Xfinity internet offerings meet various customer needs, from basic browsing to high-bandwidth activities like streaming and gaming.

The company also offers mobile services under Xfinity Mobile, utilizing Verizon's network for nationwide coverage. Additionally, Xfinity Home offers advanced home security and automation services, integrating smart home technology to enhance safety and convenience.

Business Services

Comcast Business delivers a suite of services tailored for small to medium-sized businesses, including internet, phone, and TV solutions. These services support business operations with reliable connectivity and scalable options.

Comcast Enterprise provides advanced networking, security, and cloud services to large organizations, catering to their complex needs.

Media and Entertainment

Comcast's media and entertainment portfolio is extensive. The company owns NBCUniversal, which includes the NBC broadcast network, Telemundo, Universal Pictures, and cable channels like USA Network, Syfy, and CNBC.

In 2018, Comcast expanded globally by acquiring Sky Group, a leading European entertainment company with channels such as Sky News and Sky Sports. Comcast also operates Universal Destinations & Experiences, featuring theme parks and resorts that provide entertainment experiences worldwide.

Recent Developments

In November 2024, Comcast announced plans to spin off its cable television networks, including CNBC and MSNBC, into a new publicly traded company. This strategic move aims to focus more on faster-growing segments, such as Universal Studios, theme parks, NBC network, and the Peacock streaming service.

The spin-off is expected to be completed within approximately one year, allowing Comcast to refine its business focus and growth strategy.

Global Presence

Comcast operates in various locations across the United States. Major cities include:

• Philadelphia, PA
• Pittsburgh, PA
• Norristown, PA
• Springfield, MA
• Centennial, CO
• Knoxville, TN
• Rio Rancho, NM
• Tacoma, WA
• Hendersonville, TN

These offices support the company's diverse operations, from customer service and technical support to content production and corporate functions.

Stock Market Information

• Comcast Corp is an equity in the USA market.
• Current price: $31.67 USD reflecting ongoing adaptation to the evolving media and telecommunications landscape.
• Change from previous close: -0.01 USD (-0.00%).
• Latest open price: 31.69 USD.
• Intraday volume: 16,280,663 shares.
• Intraday high: 32.04 USD; low: 31.55 USD.
• Latest trade time: Saturday, August 9, 00:15:00 UTC.