COMCAST NASDAQ: CMCSA
Background of Comcast
- Comcast Corp (formerly registered as Comcast Holdings) is an American telecommunications conglomerate headquartered in Philadelphia, Pennsylvania.
- Comcast Corp is the second-largest broadcasting and cable television company in the world by revenue, the largest Pay-TV company, the largest cable TV company and largest home Internet service provider in the United States, and the nation’s third-largest home telephone service provider.
- Comcast Corp provides services to U.S. residential and commercial customers in 40 states and in the District of Columbia.
- As the parent company of the international media company NBCUniversal since 2011, Comcast Corp is a producer of feature films and television programmes intended for theatrical exhibition and over-the-air and cable television broadcast, respectively.
- Comcast Corp owns and operates the Xfinity residential cable communications subsidiary, Comcast Business, over-the-air national broadcast network channels, multiple cable-only channels, the film studio Universal Pictures, the VOD streaming service Peacock, animation studios and Universal Parks & Resorts.
- Comcast Corp also has significant holdings in digital distribution and is also the parent company of mass media pan-European company Sky Group, making it the biggest media company with more than 53 million subscribers in the U.S. and Europe.
- Comcast Corp has a rich history that dates to 1963, when Ralph J. Roberts and two business partners, Daniel Aaron, and Julian A. Brodsky, purchased American Cable Systems, a small cable operator in Mississippi, with five channels and 12,000 customers.
- In 1965, American Cable Systems purchased Storecast Corporation of America, and in 1968, its first franchise of Muzak, a brand of background music played in retail stores.
- The company was re-incorporated in 1969 in Pennsylvania, under the new name Comcast Corp. with initial public offering in 1972, with a market capitalization of U.S. $3,010,000.
- In 1986, Comcast Corp bought 26% of Group W Cable, doubling its number of subscribers to 1 million.
- In 1988, Comcast Corp bought a 50% share of SCI Holdings in a joint deal with Tele-Communications Inc. and acquired American Cellular Network Corporation to become a mobile phone operator.
- By 1994, Comcast Corp owned 50% stock in the cable communications company Garden State Cable and became the third-largest cable operator in the United States, with around 3.5 million subscribers.
- Comcast Corp grew to 4.3 million subscribers the following year with the purchase of the cable operation of E. W. Scripps Company.
- Comcast Corp offered internet connection for the first time in 1996, Microsoft invested $1 billion in the company in 1997, and it launched its digital TV service.
- Also, in 1997 Comcast Corp in partnership with Disney, got a 50.1% controlling interest in E! Entertainment.
- In 1999, Comcast Corp purchased Lenfest Communications, Inc. which consolidated its control over all the Philadelphia region, and earned approximately 1.3 million additional cable subscribers.
- In 2002, Comcast Corp acquired all assets of AT&T Broadband, thus making it the largest cable television company in the United States with over 22 million subscribers.
- In 2003, Comcast Corp became one of the original investors in The Golf Channel.
- In 2005, a partnership led by Comcast and Sony Pictures Entertainment acquired MGM and its affiliate studio, United Artists and later that year the company announced the creation of Comcast Interactive Media, a new division focused on online media.
- In 2006, Comcast Corp purchased the Seattle-based software company the Platform and entered a new line of business -selling software to companies to manage their Internet media publishing efforts.
- In 2007, Comcast acquired the cable systems owned and operated by Patriot Media that served approximately 81,000 video subscribers and in 2008 launched a dashboard called SmartZone that allowed users to perform mobile functions online.
- Comcast Corp oversees a high-value product portfolio which operates in a Cable Communications segment, Cable Networks segment, Broadcast Television segment, Filmed Entertainment segment, Theme Parks segment and Sky segment that primarily includes a direct-to-consumer business, providing video, Internet, voice, and wireless phone services.
- Comcast Corp also owns the Philadelphia Flyers, as well as the Wells Fargo Centre arena in Philadelphia, Pennsylvania.
- Today, Comcast Corp is truly one of the most valuable communication services and entertainment companies in the world with a market capitalization of US$ 268.123 billion recorded in July 2025.
- In 2025 the total staff compliment for Comcast Corp was more than 168 000.
Comcast Shares Growth Driver
- While the Pay-TV industry undergoes a transition, with an increasing number of consumers leaving, diversified sources of revenue are keeping up the momentum for Comcast Corp.
- Its broadband internet service is gaining subscribers, leading to sturdy growth of its cable communications segment.
- Investing in technology and providing high speed internet access to a growing numbers of U.S. users, can be a key value driver for Comcast Corp.
- Comcast’s NBC division is another sturdy growth driver.
- Broadband Internet accounts for a large part of Comcast’s valuation and its broadband market share should grow even more.
- Demand for high-speed internet is increasing as consumers increasingly stream videos and high-quality content, requiring better broadband access.
- Comcast Corp has been continuously investing in broadband technology and has a high-speed network in place, giving the company a competitive advantage.
- Comcast Corp also bundles video, voice, and data services, which is cost effective for consumers.
- Internet speed has a lot of scope for improvement, and with investment in the right technology, this can overall be a growth driver for Comcast Corp.
- The NBC and Comcast Content segment is the most valuable division for Comcast Corp, accounting for about a third of its valuation.
- If Comcast Corp maintains focus on highly sought after, high quality content, this segment should be a sturdy growth driver.
- Comcast Corp’s investment in its theme parks has started showing results.
- Comcast Corp seems to be well hedged against Pay-TV subscriber losses with diversified sources of revenue.
Comcast Investor Tip
- Comcast Corp trades its shares on the NASDAQ Stock Market (NASDAQ) under the stock symbol CMCSA. Comcast Corp forms part of the NASDAQ-100, S&P 100 component and S&P 500 components.
- An analysis on the market performance for the first quarter of 2025 indicated a total revenue of US$ 104,160,000,000 along with a gross profit of US$ 70,421,000,000 and EBITDA of US$ 33,144,000,000.
- Comcast Corp has reported solid results so far this year, with its revenues and earnings per share coming in ahead of market expectations.
- Comcast Corp benefited from continuing gains in broadband revenues.
- Comcast Corp is expected to generate substantial amounts in revenues and earnings to match it.
- The company’s video and voice subscribers have been declining modestly, a trend expected to continue.
- Subscriber losses is expected to have a limited impact on the company’s top line going forward while high-speed internet customers are expected to grow further.
- Data from this analysis should be weighed against forecasted performance during this pandemic, but for now, prices on shares and in turn dividends remain unaffected, which provides shareholders with assurance that they will have a strong buy-in on NASDAQ.
Sector
Communication Services
Industry
Entertainment
Sub industry
Telecommunications - Mass media
Latest News
Comcast: How to buy Comcast Shares Online
Here are the steps you need to follow to buy Comcast Corp shares with utmost confidence:
- Navigate to the AvATrade website and select ‘Register’.
- Complete the registration form with the required information and submit documentation to verify your proof of Identity along with your proof of address.
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- Once you have downloaded the trading platform of your choice, you can use your AvATrade live account details to log into your AvATrade account on the trading platform.
- From the Market Watch screen on both MetaTrader 4 and MetaTrader 5, you can select ‘Comcast Corp’ or ‘CMCSA’ to buy/purchase shares.
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FAQ
Can I buy Comcast Corp shares in South Africa?
Yes, you can.
How to buy Comcast Corp shares?
By simply opening a free account with SA Shares, or by clicking the “Buy this Share” button to get started.
What is the current share price?
By clicking on the link provided above, you can view the real-time Comcast Corp share price on the platform.
Is Comcast Corp a good share to buy?
Yes, it is. Despite the growing concerns surrounding Covid-19, Comcast Corp is continuing manufacturing, sales and delivery of its products and it is forecasted to be one of the very few automotive companies to make a significant rebound post-Covid-19.
Can I buy Comcast Corp CFD through SA Shares?
Yes, you can.
