COMCAST
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COMCAST
Telecommunications conglomerate Comcast is one of the largest owners and operators of broadcasting and television assets in the world , the largest provider of internet services in the US and a leading home telephone service provider . The company is based in the City Center West area of Philadelphia and operates out of its own dedicated campus . Its three primary business units are Comcast Cable , NBCUniversal and Sky .
According to Fortune , Comcast
completed its $ 39bn bid for British broadcaster Sky in October , meaning it now owns 75 % of the European pay- TV giant , dramatically expanding the firm ’ s global footprint .
This expansion and diversification is a key strategic goal for Comcast , as cable subscriptions across the US continue to decline , replaced by streaming services like Netflix , Hule and Amazon Prime . While its NBCUniversal division is set to launch its own streaming service in 2020 , the media giant is also taking steps to explore
SEPTEMBER 2019