Comcast Net Worth & Earnings 2020 – How Much Money This Company Makes

Comcast is clearly the largest telecommunications company in the United States. The company started a business more than half a century ago, in 1963. Since then, Comcast has grown into a dominant company that offers many different services to its users, including cable television, security systems, internet, internet, internet, internet, internet , Internet, VoIP, even mobile networks work with Verizon.

Now you have considered all these facts, it’s easy to conclude that Comcast has a big tradition in business and that it continues to grow and increase its influence not only in the United States but throughout the world. This brings to the company a large number of users, and thus profit multimillion-dollars.

However, have you ever wondered what Comcast’s net profit? If so, we suggest you continue to read and find some details that you might not know about this telecommunications conglomerate. Also, in the following text, you will be able to read the brief history of this company and the most important moment in its existence of 56 years. So, if you are ready, let’s start.

Brief History of Comcast

As we said, Comcast Corporation or only Comcast was founded 56 years ago, on June 28, in 1963. The company began as a small cable provider by Ralph J. Roberts, Julian Aaron Aaron and Daniel Aaron. Initially located in Tupelo, Mississippi. However, the company quickly moved to Philadelphia, Pennsylvania, where it was headquartered today. Comcast has grown rapidly and with the intelligent investment of its leaders in the first few decades of its existence, has become a big name in the United States market

However, the most important business business that has brought them a large number of users, and thus higher profits, is the acquisition of Group W cable in 1986. For the next two years, Comcast entered an important agreement with the several companies. Also dealing with telecommunications and thus increases the influence on the market. The most important thing is the purchase of the American Cellular Network Corporation in 1988, which allows Comcast to be part of the mobile operator market.

Real up and expansion of the company occurred during the 1990s and in the early 2000s. Everything began when Ralph J. Roberts left his son Brian L. Roberts to manage business in 1990. From that moment, Comcast Corporation made the most progress by entering agreements with other large companies such as Disney and Microsoft, but also expanded influence on the market US.

Comcast Net Worth 2020

Now, if you have read carefully all the companies owned by Comcast Corporation, you can conclude that their clean wealth is estimated at billions of dollars. For precisely, Comcast’s net worth in 2020 is estimated at $ 205.58 billion. It puts them among companies A.S. Most precious.