Company Overview of Comcast Cable Communications, LLC
Comcast Cable Communications, LLC operates as a cable operator in the United States. It develops, manages, and operates broadband communication networks. The company offers various services over its cable communications networks, including traditional analog video; digital cable; and high-speed Internet service. The company was incorporated in 1981 and is based in Philadelphia, Pennsylvania. Comcast Cable Communications, LLC operates as a subsidiary of Comcast Corporation.
1500 Market Street
Philadelphia, PA 19102-2148
Founded in 1981
Key Executives for Comcast Cable Communications, LLC
Chief Executive Officer and President
Compensation as of Fiscal Year 2014.
Comcast Cable Communications, LLC Key Developments
Comcast Cable Communications Reports Unaudited Earnings Results for Fourth Quarter and Year Ended December 31, 2014
Feb 24 15
Comcast Cable Communications reported unaudited earnings results for fourth quarter and year ended December 31, 2014. For the quarter, the company’s revenue was $11,313 million against $10,661 million a year ago. Operating cash flow was $4,684 million against $4,405 million year ago. Capital expenditure was $1,872 million against $1,637 million year ago. The increase in revenue is driven by 9.9% in high-speed Internet and 20.8% in business services. Advertising revenue increased 18.9%, reflecting higher political advertising in the fourth quarter of 2014. The increase in Cable revenue reflects increased customer relationships, customers receiving higher levels of service, customers taking additional services, as well as rate adjustments. The increase in revenue reflects higher revenue, partially offset by a 6.0% increase in operating expenses primarily related to higher video programming costs.
For the year, the company’s revenue was $44,140 million against $41,836 million a year ago. Operating cash flow was $18,112 million against $17,205 million a year ago. Capital expenditure was $6,154 million against $5,403 million year ago.
Michigan Public Service Commission Issues Order of the Complaint of John McCready Against Comcast Cable Communications, LLC
Jan 27 15
The Michigan Public Service Commission announced that in the matter of the complaint of John McCready against Comcast Cable Communications, LLC, under the Uniform Video Services Local Franchise Act. This is a case brought under the Uniform Video Services Local Franchise Act, 2006 PA 480, as amended, MCL 484.3301 et seq. (PA 480). John McCready alleged that Comcast Cable Communications, LLC improperly switched his cable service to a more expensive service without his authorization. Comcast reviewed the information, contacted Mr. McCready, apologized for the inconvenience and frustration Mr. McCready experienced in attempting to resolve the issue, and provided a direct contact number should Mr. McCready require further assistance. In its response to the Commission regarding the complaint, Comcast indicated that one of its representatives contacted Mr. McCready, discussed the complaint with him, and believed the complaint was resolved.
Comcast Business Announces Availability of its Full Portfolio of Ethernet Services in Albuquerque and Santa Fe in Early 2015
Nov 19 14
Comcast Business, a unit of Comcast Cable, announced that its full portfolio of Ethernet services will be available in Albuquerque and Santa Fe in early 2015, with some services delivered later 2014. Capable of bandwidth up to 10 Gigabits-per-second (Gbps), these services are specifically designed for businesses, schools, hospitals and other organizations requiring more capacity, looking to network multiple locations together, or planning to connect their offices to a third-party data center. All of Comcast's Ethernet services are delivered over an advanced network that spans 140,000 miles across 39 states and the District of Columbia. Serving 20 of the top 25 U.S. markets, Comcast's network features a 100 Gbps backbone and expanded local footprint through Ethernet over HFC. Bandwidth is available up to 10 Gbps and can be scaled in increments and offered in three different classes of service, backed by strict service level agreements and monitored 24x7x365 from Comcast's dedicated Network Operations Centers. Comcast was the first service provider in the world to offer Metro Ethernet Forum CE 2.0 certified Ethernet services and was also the first service provider to achieve all three of the previous CE 1.0 certifications (MEF 9, 14 and 18). Comcast Business offers four Ethernet services, including: Ethernet Private Line; Ethernet Virtual Private Line; Ethernet Network Service and Ethernet Dedicated Internet.
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