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In 2001, Comcast acquired AT&T Broadband for $72 billion. [13] The deal allowed Comcast to become the largest cable operator in the world. [14] In 2002, Roberts became the company's CEO; he subsequently became chairman of the board in 2004. [15] [16] In 2011, Comcast acquired NBCUniversal, expanding the company's portfolio in the media space. [17]
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 ]
Comcast offered internet connection for the first time in 1996, with its part in the launch of the @Home Network. [90] Also in 1996, Comcast formed Comcast Spectacor, which became owner of the Philadelphia Flyers. [91] In 1997, Microsoft invested $1 billion in Comcast, and the company launched its digital TV service. [78]
Comcast, Charter Announce Xumo as Name of Their Streaming Joint Venture ... Shares in Comcast, owner of NBCUniversal, fell 2.28%, or $1.06 a share, to $45.70. Warner Bros. Discovery stock tumbled ...
Ralph Joel Roberts (March 13, 1920 – June 18, 2015) was an American businessman who was the founder of Comcast, serving as its CEO for 46 years and as its chairman emeritus until his death in 2015. Early life and education
Comcast will offer 100 South Florida businesses owned by people of color or women grants totaling $1 million from its RISE program to improve their technology and training.
The team rents the arena from Comcast Spectacor, which also owns the Philadelphia Flyers of the NHL, who also play there. The council had voted on Dec. 19 to approve the downtown arena after more than two years of heated debate over the proposal, and the owners of the NBA team had hoped to move in to what would be called 76 Place by 2031.
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.