Comcast Adds 216,000 TV Subscribers in 2016; Wireless Offering Expected to Launch in 2017
Comcast ended 2016 with another quarter of strong results within the cable business, as its network position, central to our wide moat rating, continues to differentiate the firm from phone rivals in most markets. As expected, the company outlined its plans to launch a wireless service offering in 2017 with the company acting as a mobile virtual network operator, or MVNO, on Verizon’s network. While the service will be nationwide, Comcast will primarily market the wireless offering to its existi...Comcast is a media and technology company. The company's segments are: Cable Communications, which provides internet, video, voice, and security and automation services in the United States individually and as bundled services at a discounted rate over its cable distribution system to residential and business customers; NBCUniversal, which includes a portfolio of national cable networks that provide a variety of entertainment, news and information, and sports content, regional sports and news networks, international cable networks, and cable television studio production operations; and Sky, which owns a portfolio of pay television channels that provide entertainment, news, sports and movies.
Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.
Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.
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