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The pandemic was a mixed bag for the nation’s largest cable TV provider. More customers than ever—1.4 million in 2020—cut the cord and dropped Comcast’s Xfinity TV package. But 2 million signed up for new Internet service, and many more upgraded their speeds (and monthly bills). Meanwhile, Comcast’s three-year-old wireless phone service added 774,000 customers, for a total of almost 3 million. That service turned cash flow positive on an adjusted basis for the first time in the first quarter of 2021. Still, some of Comcast’s other businesses, particularly leisure (theme parks) and entertainment (movie studios) took a hit owing to fallout from COVID-19. Total revenue for the company declined nearly 5% and profits shrank 19% in 2020.
Lists ranking Comcast
75 Best Large Workplaces for Women - 2021The companies on this year's list make a conscious...READ MOREview in list
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Fortune 500 - 2021This year’s Fortune 500 marks the 67th running of ...READ MOREview in list
100 Best Companies to Work For - 2021Our 2021 list of the 100 best companies to work fo...READ MOREview in list
World’s Most Admired Companies - 2021After a year in which humanity leaned more heavily...READ MOREview in list
40 Best Large Workplaces in the Bay Area - 2021These companies empower employees to bring their w...READ MOREview in list