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Comcast Holdings: Company Overview

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Bader Almoajil BA301 - 008 Professor Paul Wheatcraft Assignment Number: 1 October 14th, 2015 Comcast Holdings is an American multinational broad communications organization and is the biggest TV and biggest cable organization on the planet by revenue. It is the second biggest Pay-Tv organization after the AT&T-DirecTV merger and biggest home Internet administration supplier in the United States, and the country's third biggest home phone administration supplier. Comcast is running U.S. private and business clients in 40 states and the District of Columbia. The organization's headquarters is located in Philadelphia, Pennsylvania. Comcast Holdings has several strategic plans, which consists of: 1-) Investing in new technologies to build …show more content…

The consolidated 2nd quarter of 2015 highlights: Consolidated Revenue Increased by 11.3%, Operating Cash Flow Increased 8.0%, and Operating Income Increased 7.9% Free Cash Flow Increased 30.0% Earning per Share Increased 10.5% to $0.84; Excluding adjustments, EPS Increased 12.0% Quarterly Dividends and Quarterly Share Repurchases Increased $878 Million, or 65.8%, to $2.2 Billion ($ in Millions) 2014 2015 Growth Revenue $34,252 $36,596 6.8% Operating Cash Flow $11,342 $12,222 7.8% Earnings Per Share $1.47 $1.65 12.2% Free Cash Flow $3,979 $4,684 17.7% Comcast stock performance history: 2010: $21.97 2011: $23.71 2012: $37.36 2013: $51.97 2014: $58.01 And October 12, 2015 it is sold for $60.27 and the price is down …show more content…

They even got their own slogan for their labs "Building Tomorrow's Technologies". Comcast wants to crush its competitors by improving their technology and updating it frequently. Comcast labs are focused on developing and generating and arranging products that transform how people are entertained and informed. Tony Werner, Chief Technology Officer, and John Schanz, Chief Network Officer, both joined Comcast in the mid-2000s and together, they started the Comcast labs. These two brought thousands of brilliant engineers, product designers and experienced architects to make the products of tomorrow. As for their legal issues, Comcast and Warner Cable could face big antitrust hurdles against regulators in order to win approval for their $45.2 Billion mergers. These two combined companies would bring cable service to about 30% of American subscribers and operate 19 of the country's 20 largest regions. That would give Comcast a huge lead on its competitors, although they are already the largest TV, Internet, and home phone provider. Both Comcast and Time Warner Cable need to gain approval from two officials: the Federal Communications Commission and either the Department of Justice or the Federal Trade Commission. However, some plans by the US government tried to block the merger, so Comcast called the deal off in April of

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