Comcast Company Overview

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Description of Market Distribution
Comcast Corporation promotes its products within the telecommunication market through subscription-based television services, home telephone and Internet services to US home and businesses. Comcast’s position in each of these markets is critical in understanding its standing in overall market place. In the United States, the Broadcast and Cable Television Market accounts for about 39% of the global broadcast & cable TV market value. Cable communications business segment provides video, high-speed internet and cable services to residential and business customers under XFINITY brand. The company's cable systems grown to have service subscribers of over 22 million video customers, 19.4 million high-speed internet customers and 10 million voice customers. In addition to packages in foreign-language programming the company offers, other on-demand digital video with high-definition television (HDTV) services are offered to customers. Comcast also offers high-speed internet services with downstream speeds of up to 105 megabits per second (Mbps). The company’s packages also include the company's internet portal, XFINITY.net that enable customer to access email, voice mail, an address …show more content…

Comcast and Charter Communications recently announced agreement to protect and expand the emerging cellular phone market share by competing with other national providers such as Verizon, AT&T, Sprint and T-Mobile (Brian Fung, 2017). This collaborative effort is expected to provide more choice, innovative products and competitive prices for customers in each of their respective markets. Comcast projects that customers would get a discount on Xfinity Mobile if they already subscribed to Comcast Internet service. Market analysts have forecasted that the Comcast-Charter agreement may likely motivate mergers among companies within the telecommunication industry (Brian Fung,