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By 2013, Comcast Business had become the largest business-facing enterprise, by revenue, of all cable providers who provide services to businesses. [26] Comcast Business generated $3.24 billion in 2013, an increase of 26.4% from 2012, [27] when the revenue of Comcast Business was about $2.4 billion. [28] [29]
Xfinity Voice (formerly Comcast Digital Voice) is a Voice Over IP cable telephony service that was launched in 2005 in some markets, [75] and to all of Comcast's markets in 2006. Comcast's older service, Comcast Digital Phone, continued to offer service for a brief period, until Comcast shut it down around in late 2007. [76]
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. TV One: 50% joint venture with Radio One, which acquired Comcast's stake in 2015
The first complete fiber network in Alabama that offers internet speeds up to 1 gigabit. This television, phone and internet network is available to every home and business in the city of Opelika. Paxio Inc. Bay Area, California: Offering up to 1 Gbit/s symmetric speeds to homes and businesses in S.F. Bay Area in California. Peak Internet: Colorado
On April 28, 2014, Comcast and Charter announced that, assuming Comcast's merger with Time Warner Cable was successful, Charter would acquire 1.4 million Comcast/Time Warner Cable customers, bringing Charter's subscriber total to 30 million and making Charter, by its own count, the second-largest cable operator in the country. [40]
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Brian L. Roberts. Comcast is described as a family business. [19] Brian L. Roberts, its chairman and CEO, is the son of founder Ralph J. Roberts (1920–2015). Roberts owns or controls about 1% of all Comcast shares but all of the Class B supervoting shares, giving him an "undilutable 33% voting power over the company". [20]
If it just appeared on accounting statements as a lump sum payment by the cable provider, it would be perceived by the public more as a fee-for-service, [1] which is how governments tend to regard it. However, the Communications Act provides the transparency of the franchise fee so that customers of the cable company understand the fee imposed ...
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