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In 2000, Roberts acquired AT&T Broadband for $53.2 billion in stock and assumed debt. The deal allowed Comcast to become the largest cable operator in the world. In 2009, NBCUniversal was also acquired by Comcast. [8] In 2016, Roberts received US$28.6 million in compensation, [9] and in 2020, his net worth was US$1.7 billion. [10]
QVC: Comcast sold its majority stake to Liberty Media in 2003 Speed Channel : joint venture with Cox Communications and Fox Entertainment Group ; Fox acquired Comcast and Cox's stakes in 2001 Time Warner Entertainment (26%, with Time Warner Inc.): Comcast sold its 26% stake to Time Warner Inc. (now Warner Bros. Discovery ) in 2003.
Comcast Business is a subsidiary of Comcast, which, through several iterations, has handled the sales, marketing, and delivery of internet, phone, and cable television to businesses (in contrast, consumer services are primarily offered under the Xfinity brand).
Comcast, the largest cable operator in the U.S., said personal data for approximately 35.9 million customers of its Xfinity services may have been illegally accessed by hackers in a security ...
On December 3, 2009, telecommunications company Comcast announced its intent to acquire mass media company NBC Universal from General Electric (GE). The acquisition was subject to scrutiny from activists and government officials; their concerns primarily surrounded the potential effects of the vertical integration that the acquisition could create, as Comcast is also heavily involved in cable ...
The Comcast logo, with the NBC peacock. A number of different controversies and criticisms have surrounded Comcast for various reasons over its recent history. Customers of the telecommunications company report low levels of customer satisfaction on both service and cost.
Sky Group Limited [4] is a British media and telecommunications conglomerate, which is a subsidiary of the American conglomerate Comcast, and headquartered in Isleworth.It has operations in the United Kingdom, Ireland, Germany, Austria, Switzerland and Italy.
In 2015, Cox licensed Comcast's Xfinity X1 platform (which features more extensive integration of video streaming apps, and a voice control remote); it was deployed in 2016, maintaining the Contour naming. Cox stated that at least 1 million subscribers were on the X1-based Contour as of October 2017.