Comcast Corporation, formerly registered as Comcast Holdings, is surely an American media company and it is the most significant broadcasting and cable company on the planet by revenue. It is the greatest cable company and home Internet supplier inside United States, and also the nation’s third largest home telephone vendor.
Comcast services U.S. residential and commercial customers in 40 states as well as the District of Columbia. The company is headquartered in Philadelphia, Pennsylvania. As the owner of the international media company NBC Universal since 2011, Comcast is really a producer of movies and television programs created for theatrical exhibition and over-the-air and cable tv broadcast.
Comcast also operates multiple cable-only channels (including E! Entertainment Television, the Golf Channel, and NBCSN), and over-the-air national broadcast network channels (NBC and Telemundo), the film production studio Universal Pictures, and Universal Parks & Resorts, that has a global total of nearly 200 family entertainment locations and attractions inside U.S. as well as some other countries including U.A.E., South Korea, Russia and China, with several new locations reportedly planned and being developed for future operation.
Comcast even offers significant holding in digital distribution (ThePlatform). In February 2014 the organization consented to merge with Time Warner Cable in the equity swap deal worth $45.2 billion.Under the terms of the agreement Comcast is always to acquire 100% of Time Warner Cable.Comcast has become criticized for assorted reasons. Comcast’s customer happiness often ranks one of several lowest inside cable industry.
Comcast has violated net neutrality practices within the past; and, despite Comcast’s resolve for a narrow concise explaination net neutrality, critics advocate a concept of which precludes distinction between Comcast’s private network services as well as the remaining portion of the Internet.
Critics also mention too little competition; within the majority of Comcast’s service area, it doesn’t contest with other cable providers. Given Comcast’s negotiating power to be a large ISP, some suspect that Comcast could leverage paid peering agreements to unfairly influence end-user connection speeds.
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