A Short History of Comcast

From Jan. 19,2011, USA Today

Last week, Comcast got approval to buy NBC Universal from the FCC. This will make it one huge corporation.

NBC Universal includes the USA Network Syfy, MSNBC, Oxygen, NBC, ten NBC stations, Universal Pictures and Universal Studios.

here is a short history of Comcast.


1963: Ralph Roberts buys American Cable Systems, a 1,200 subscriber cable TV operation in Tupelo, Mississippi for $500,000.

1969: Company renamed Comcast.

1972: Comcast shares traded publicly.

1988: Comcast buys 50& of Storer Communications and becomes No. 5 cable TV operator.

1997: Microsoft invests $1 billion in Comcast.

2002: Comcast buys out AT&T Broadband cable systems to become nation's largest cable TV operator.

2009: Comcast becomes the nation's largest Internet service.

How Big is Big? --Cooter