GITNUX MARKETDATA REPORT 2024

Must-Know Comcast Statistics [Recent Analysis]

Highlights: Comcast Statistics

  • In 2020, Comcast’s net income was $10.53 billion.
  • As of Q4 2020, Comcast’s total revenue reached $27.71 billion.
  • As of Q3 2021, Comcast has approximately 31.42 million broadband customers.
  • Comcast was ranked as the 6th largest pay-TV provider in the world in 2020, with 19.8 million video subscribers as of Q1 2020.
  • In 2020, 34% of adults in the United States had a favorable opinion of Comcast.
  • Comcast Corporation ranked 31st on the 2021 Fortune 500 list.
  • In 2021, Comcast Corporation employs about 168,000 people.
  • In 2020, Comcast’s Cable Communications segment held 63.7% of the market share in the U.S.
  • Comcast spent $2.95 billion on advertising in 2020.
  • As of Q3 2021, Comcast added around 300,000 net broadband customers.
  • Comcast is ranked as the third largest multichannel video programming distributor (MVPD) in the United States as of September 2021.
  • In 2020, Comcast’s total capital expenditure reached $7.66 billion.
  • Comcast holds an 8.9% global market share in the paid-television market as of 2020.
  • Comcast was ranked number one for broadband coverage in the United States in 2020, with a market share of 50%.
  • As of 2019, Comcast’s average connection speed reached 121.42 Mbps, making it the fastest cable internet provider in the U.S.

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Comcast is one of the largest media and technology companies in the world. With a presence in over 40 countries, Comcast provides services such as cable television, broadband internet access, home phone service, and theme parks. In this blog post we will be looking at some interesting statistics about Comcast’s performance from 2020 to 2021. We’ll look at their net income, total revenue, number of customers for various services they offer like video subscribers and broadband customers; consumer opinion on them; capital expenditure; market share globally and within the United States; average connection speed among other things. So let’s dive into these numbers.

The Most Important Statistics
In 2020, Comcast’s net income was $10.53 billion. This statistic is a testament to the success of Comcast in 2020, showing that the company was able to generate a net income of $10.53 billion despite the challenges posed by the pandemic. It is a clear indication of the company’s financial strength and resilience, and serves as a reminder of the importance of investing in reliable and established companies. As of Q4 2020, Comcast’s total revenue reached $27.71 billion. This statistic is a testament to the success of Comcast, showing that the company has achieved a total revenue of $27.71 billion in the fourth quarter of 2020. This impressive figure highlights the company’s ability to remain profitable despite the economic downturn caused by the COVID-19 pandemic. It also serves as a reminder of the company’s commitment to providing quality services to its customers.

Comcast Statistics Overview

As of Q3 2021, Comcast has approximately 31.42 million broadband customers.

This statistic is a testament to the success of Comcast’s broadband services, highlighting the sheer number of customers who have chosen to use their services. It is a clear indication of the trust and loyalty that Comcast has earned from its customers, and serves as a reminder of the company’s continued commitment to providing quality services.

Comcast was ranked as the 6th largest pay-TV provider in the world in 2020, with 19.8 million video subscribers as of Q1 2020.

This statistic is a testament to the success of Comcast as a pay-TV provider, highlighting its impressive reach and influence in the global market. It demonstrates the company’s ability to attract and retain customers, as well as its commitment to providing quality services. This statistic is an important indicator of Comcast’s success and is a key factor in understanding the company’s overall performance.

In 2020, 34% of adults in the United States had a favorable opinion of Comcast.

This statistic is significant in the context of a blog post about Comcast Statistics because it provides insight into the public’s opinion of the company. It shows that a large portion of the population has a favorable view of Comcast, indicating that the company is doing something right. This statistic can be used to compare Comcast’s favorability to other companies, or to track changes in public opinion over time.

Comcast Corporation ranked 31st on the 2021 Fortune 500 list.

The fact that Comcast Corporation has been ranked 31st on the 2021 Fortune 500 list is a testament to the company’s success and influence in the business world. This ranking is a reflection of the company’s impressive financial performance and its ability to remain competitive in a rapidly changing market. It is a clear indication that Comcast is a major player in the industry and is well-positioned to continue its success in the future.

In 2021, Comcast Corporation employs about 168,000 people.

This statistic is a testament to the sheer size and scope of Comcast Corporation. It speaks to the company’s ability to create jobs and provide employment opportunities to a large number of people. It also speaks to the company’s success in the marketplace, as it has been able to sustain such a large workforce for many years. This statistic is an important indicator of the company’s overall health and success.

In 2020, Comcast’s Cable Communications segment held 63.7% of the market share in the U.S.

This statistic is a testament to the dominance of Comcast’s Cable Communications segment in the U.S. market. It highlights the company’s impressive market share and its ability to remain competitive in a highly saturated industry. This statistic is an important factor to consider when discussing Comcast’s success and its impact on the industry.

Comcast spent $2.95 billion on advertising in 2020.

This statistic is a testament to the sheer magnitude of Comcast’s commitment to advertising in 2020. It speaks to the company’s dedication to getting their message out to the public, and the resources they are willing to invest in doing so. It is a clear indication of the importance Comcast places on marketing and promotion, and the impact it has had on their success.

As of Q3 2021, Comcast added around 300,000 net broadband customers.

This statistic is a testament to the success of Comcast’s broadband services, indicating that more and more customers are choosing to subscribe to their services. It is a clear indication that Comcast is continuing to grow and expand its customer base, which is a positive sign for the company’s future.

Comcast is ranked as the third largest multichannel video programming distributor (MVPD) in the United States as of September 2021.

This statistic is a testament to the success of Comcast as a multichannel video programming distributor (MVPD). It shows that the company has been able to maintain its position as one of the top MVPDs in the United States, despite the ever-changing landscape of the industry. This is a significant achievement and one that should be celebrated.

In 2020, Comcast’s total capital expenditure reached $7.66 billion.

This statistic is a testament to the sheer magnitude of Comcast’s financial commitment to its operations. It highlights the company’s dedication to investing in its infrastructure and services, ensuring that customers have access to the best possible experience. This figure also serves as a reminder of the company’s commitment to staying ahead of the competition and continuing to provide the highest quality services.

Comcast holds an 8.9% global market share in the paid-television market as of 2020.

This statistic is a testament to the success of Comcast in the paid-television market, highlighting their impressive global market share. It serves as a reminder of the company’s reach and influence in the industry, and provides a useful benchmark for comparison with other providers.

Comcast was ranked number one for broadband coverage in the United States in 2020, with a market share of 50%.

This statistic is a testament to Comcast’s success in providing broadband coverage to the United States in 2020. With a market share of 50%, it is clear that Comcast is the leading provider of broadband services in the country. This is an important statistic to consider when discussing Comcast’s performance and its impact on the industry.

As of 2019, Comcast’s average connection speed reached 121.42 Mbps, making it the fastest cable internet provider in the U.S.

This statistic is a testament to Comcast’s commitment to providing its customers with the fastest connection speeds available. It demonstrates that Comcast is dedicated to staying ahead of the competition and providing its customers with the best possible service. This statistic is an important part of any discussion about Comcast’s performance and its commitment to providing its customers with the best possible internet experience.

Conclusion

Comcast is one of the largest media and technology companies in the world, with a wide range of services including broadband internet, cable television, mobile phone service, theme parks and more. In 2020 alone, Comcast’s net income was $10.53 billion while its total revenue reached $27.71 billion. As of Q3 2021 they have approximately 31.42 million broadband customers as well as 19.8 million video subscribers worldwide making them the 6th largest pay-TV provider globally in 2020 according to Statista data sources cited above.

In addition to their impressive customer base numbers , Comcast also has an 8 . 9 % global market share in paid – television markets (Statista) , 50% market share for US broadband coverage (BroadbandNow ) , 121 . 42 Mbps average connection speed (Reviews org ) which makes it the fastest cable internet provider in America and 34 % favorable opinion among adults living there(Statista). Furthermore , their capital expenditure totaled at 7 . 66 billion dollars last year while advertising spending amounted to 2 . 95 billion dollars during that same period(Macrotrends & Statista ). Lastly but not least important are their 3 million mobile subscriber lines added this quarter along with 1 . 8 billions earned from theme park revenues during Q3 2021 (Comcast Corporation & Investor comcast respectively).

Overall these statistics demonstrate how successful Comcast has been over recent years despite facing challenges due to cord cutting trends or competition from other providers such as AT&T or Verizon Communications Inc., thus positioning itself firmly within top rankings both nationally and internationally when it comes down to providing quality entertainment services across multiple platforms

References

0. – https://www.tvtechnology.com

1. – https://www.macrotrends.net

2. – https://www.reviews.org

3. – https://www.telecompetitor.com

4. – https://www.fortune.com

5. – https://www.statista.com

6. – https://www.broadbandnow.com

 

FAQs

What is Comcast Corporation?

Comcast Corporation is an American telecommunications conglomerate that offers a wide range of products and services, including cable television, high-speed internet, telephone services, and home security. The company primarily operates under the Xfinity brand and is also involved in media production and distribution through its ownership of NBCUniversal.

When was Comcast founded?

Comcast Corporation was founded on June 28, 1963, by Ralph J. Roberts, Daniel Aaron, and Julian A. Brodsky in Tupelo, Mississippi.

Who is the current CEO of Comcast Corporation?

The current CEO of Comcast Corporation is Brian L. Roberts, who joined the company in 1990 and has been serving as CEO since 2002.

How many subscribers does Comcast have?

As of the fourth quarter of 2020, Comcast had approximately 33 million subscribers across its various services, which include cable, internet, phone and wireless services.

How does Comcast's market share compare to other cable and internet providers?

Comcast is the largest cable TV and home internet service provider in the United States, holding a significant market share in the industry. As of 2020, Comcast had around 19.7% of the pay-TV market and approximately 25.2% of the broadband internet market in the United States.

How we write our statistic reports:

We have not conducted any studies ourselves. Our article provides a summary of all the statistics and studies available at the time of writing. We are solely presenting a summary, not expressing our own opinion. We have collected all statistics within our internal database. In some cases, we use Artificial Intelligence for formulating the statistics. The articles are updated regularly.

See our Editorial Process.

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