comcast

Fortune Staff

Aggregate sales hit $37.8 trillion last year—an increase of 19%, the highest annual growth rate in the list’s history.

Global 500

The 25th Fortune World’s Most Admired Companies list suggests that tech giants’ peers respect them as much as ever.

World's Most Admired Companies

This year’s Fortune 500 marks the 68th running of the list.

Fortune 500

When it comes to supporting employees, flexibility, diversity, and a few extra paid days off go a long way.

100 Best Companies to Work For

100 Best Workplaces for Millennials

Current All-Star Rank

Industry

This year marked the first time Comcast included British pay TV provider Sky, an acquisition it made in 2018, in its full-year report, helping the cable company

Comcast | 2023 World's Most Admired Companies

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Comcast

Comcast | 2023 World's Most Admired Companies | Fortune

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Should the internet be free and open for all? The FCC sure things so. Robert, what do you think? You know, Andrew, I think I have an unpopular opinion on this Go on. I would say that the internet is not neutral as it is. There are big players out there like Google and Facebook that already pay to prioritize traffic. You know, that's why companies like Akamai and Level 3 exist. They shuttle traffic from these big companies to the end user like you and me. And this is exactly what the FCC is worried about. So Chairman Tom Wheeler wrote in an essay in Wired, that existing regulation is insufficient. We let it go, we through we could regulate this, you know, keep, keep tabs on it through it all. It's not working. We need to look at this thing called Title Two and regulate the internet much like we do a landline. A phone. And that's what they want to do. They want to reel it in and say listen. If there's a fast lane and a slow lane much like we saw with Comcast and Netflix right? Right. Comcast. You know, kind of charge Netflix for all that ,- Mm- hm- streaming bandwidth- And throttling our service. Exactly. And Netflix had to cough up the dough. If there's a fast lane, there's inherently a slow lane. Some people aren't going to have the same access to services. We gotta stop this. I see it as two major players on the web, and who do you want to have the power? Is it the ISPs, like Verizon and Comcast? Well, I want the power. Well, you want the power, sure. [ LAUGHS ]. But on the other side you've got the big internet companies like Google and Facebook. And in many ways they serve as gate keepers. If I'm a company and I appear on the third search results page on Google. Sure. I'm effectively non- existent. Well look, this. This is the. Plus Google can beef up their own services on there too. That's true. Like Google Plus. And they're totally self interested in doing so but look. Seems a little unfair. But look, the reason Google exists. It's because the internet was, to some degree, neutral. To some degree accessible to all, right. Sure. We wouldn't have even gotten off the ground had it not been. And I think, you know, Wheeler and the rest of the FCC's looking at this and going wait it's not free enough to continue being this wonderful vehicle for information and e- commerce and all of these things so. Look, I think the internet clearly needs to be neutral to some degree to work. I'll agree with you there. The one point that I would like to make though is that this is a complicated situations. There are a lot of legal distinctions that need to be parsed and if you look at the way that the web functions, you know, it's not necessarily neutral. All of this talk of neutrality, it's sort just a word that people can rally behind, but it's sort of a misnomer. Yeah. Well that's a fair point. For one show that's never neutral come to fortune. com For more tech debate. [ NOISE ]

Fortune's Andrew Nusca and Robert Hackett debate the notion that the Internet can really be free and open for all.

Net neutrality: Is it even possible?

Tech

President Obama has issued a statement calling for the Internet to be regulated more like a public utility. Erin, what does this mean and does it matter? So this is a huge deal for the Internet, because they, the Internet activists have been trying to get people to rally around net neutrality all year Yeah. and it just really hasn't gotten the traction that past. Sort of big internet protests like SOPA and PIPA have. So, Obama coming out so strongly and making it a political issue. This is, this is huge, because he explained it in really clear terms. So, I think this is gonna be really good for that. This is not so good, obviously, for the cable companies. Horrible, horrible. This is terrible for the cable companies because, you know. They're trying to make some serious buck, right? Mm- hm. So, this fast lane, slow lane dynamic came about when Comcast charged Netflix a premium, Mm- hm. For using about 30 % of their network, or something like that. Right, so Netflix had to pay extra money, because they're using so much bandwidth. Yeah, and, and, and, if, if ,. In fact, the are regulated like utilities. They lose that profit capability, right? Right. They're not such an attractive company to invest in. >. Right. They lose margins. They lose like the potential to make a lot of money. They're just this boring company that sort of trade at like not very much of a premium. So that's really bad and they've really invested a lot in, you know, lobbying around this and also there's a big merger as you know. Yes. Between Time Warner and Comcast coming up. So there's a lot riding on this. The fact that Obama did it now, right after the elections is kind of, interesting timing because this week he's got nothing to lose at this point. That's true. Do you really think this matters though? I mean you know it, it, obviously Obama can't exactly I mean he's not a legislator by definition but he, he can't exactly. Control the way this deal is going. He can just make his opinion known. Right, yeah. This is not going, this is not going through Congress. He can't veto anything there. But he can sort of strongly lean on the FCC and say, like, if you, you know, go in this direction you have free reign to go as far as you want. Like, let's, let's not, you know, hold our cable companies as darlings here, and I wouldn't be opposed to it. And so. He's really like you know galvanizing the public's opinion [ CROSSTALK ] Do you really think so? I actually disagree. The public has been pretty neutral on this topic, right? They have not rallied around it. We saw this in the last election. They just didn't rally around this compared to, you know, a million other domestic issues. Right, I mean it's kind of a branding issue and if Obama who's like, you know, very influential, if he can really get people excited about this. And this will be, this could be a turning point in the debate. And it's a huge issue for the industry. Yeah. For one show that's always in the fast lane, come to Fortune. com for more Tech Debate.

Fortune's Andrew Nusca and Erin Griffith discuss President Obama's statement calling for the internet to be regulated more like a utility, and what it means for businesses like Netflix and Comcast.

What does Obama's net neutrality plan mean for business?

Politics

Comcast

Company Information

World's Most Admired Companies
As of 2/1/2023

Comcast

Company Information

World's Most Admired CompaniesAs of 2/1/2023

World's Most Admired Companies
As of 2/1/2023