Comcast is a cable television, internet, and phone service provider founded in 1963 that has grown significantly through acquisitions. It now has over 21 million cable customers, 20 million internet customers, and 10 million phone customers, and owns NBCUniversal. Comcast has seen its stock price and revenue increase dramatically since 1999 through both organic growth and acquisitions, including NBCUniversal in 2011. It maintains a dominant market position through horizontal and vertical monopolies in certain regions and the inelastic demand for its services.

1. Ben Chodos

2. Products
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Cable television
Broadband Internet
Home Phone Service
Home Security
NBCUniversal Content

3. Finances
• 2012 Revenue: $62.6 billion
• Assets: $165 billion
• 1999: $8.19/share
• 2009: $15 /share
• Now: $50.10 /share

4. Company History
• Founded 1963 as American Cable Systems
• 2002 Acquired AT&T Broadband
• 2011 – Majority owned NBCUniversal

5. What’s Hot
• NBC Universal Acquisition
o Finalized in March
• Market Share
o 21.7 Million cable customers
o 19.9 Million high-speed internet customers
o 10.3 Million voice customers
• Time Warner Cable Merger?

6. Secret Sauce
• Horizontal Monopoly
o Largest Cable provider in America
• Vertical Monopoly
o Major TV Content Provider
• Inelastic Demand

7. Story Time
• Net Neutrality
• Comcast Corp. v. FCC.
• FCC does not have jurisdiction over Comcast
Network Management Policies

8. Competitors

9. Prediction
• Short Term – Continue making huge profit margins
• Long Term – Change in business model from bundled cable services