Comcast Research Paper

11960 Words48 Pages
Comcast Corporation is the nation's leading provider of cable, entertainment and communications products and services, with 24.1 million cable customers, 12.4 million high-speed Internet customers and 3.5 million voice customers. Comcast is principally involved in the development, management and operation of broadband cable networks and in the delivery of programming content.

Comcast provides a wide variety of consumer products and services:
• Video - Comcast is the nation's largest video provider, offering interactive services packed with the best content on Digital Cable, video on demand and high-definition television.
• Online - Comcast offers the best content, reliable service and faster speeds.
• Voice - Comcast's IP-enabled
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e. Overview

Comcast started as a regional provider and grew to the largest cable provider in the United States. Comcast focused on obtaining new customers with the latest technology. Comcast competes in the cable industry which provides some monopolistic protection by limiting direct competition. Comcast faces competition from competing technologies such as satellite providers. Comcast has diversified its portfolio by acquiring television networks, such as E! Entertainment Television. This is a small market of its profit. In addition to television networks, Comcast is offering new products, such as pay-per-view, video on demand and Internet access, some of which cannot be offered by satellite providers. Comcast is a telecommunications provider able to provide phone and Internet service also cable television. Comcast is headquartered in Philadelphia, PA. Comcast has 90,000 employees in the company. Seventy-five thousand employees are in the cable side and fifteen thousand employees in other areas of the business.
Key Statistics:
• Revenue: $7.8 billion
• Operating Income: $1.39 billion
• Net Income: $560 million
• Video Subscriptions: 65k net loss
• Internet Subscriptions: 450k net adds
• Digital Phone Subscriptions: 662k net adds

2. Company Analysis
Comcast reported in October 25, 2007 press conference that growth is slowing, they did miss many operational expectations. But the revenue growth for Comcast is solid, and customers are spending
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