This is Bernice Walker Report

History of Comcast
Comcast was founded in 1963 by Ralph J. Roberts, Daniel Aaron, and Julian A. Brodsky based on a recommendation from Warren "Pete" Musser, of Harrisburg, who brought the deal to Ralph Roberts to buy his first cable system in Tupelo, Mississippi. The company was incorporated in Pennsylvania in 1969, under the name Comcast Corporation from American Cable Systems, though a former insider says that "Comcast" is a derivation of the name "Communications and Broadcasting". Moving into the area of programming content, Comcast became majority owner of Comcast-Spectacor, Comcast SportsNet (in Chicago, Detroit, Philadelphia, Washington DC/Baltimore, MD, the San Francisco Bay Area, the Pacific Northwest and metro Sacramento), E! Entertainment Television, Style Network, G4, The Golf Channel and Versus (formerly known as Outdoor Life Network) over a period of years. In 2006, Comcast started a new sports channel in cooperation with Major League Baseball's New York Mets, SportsNet New York in the greater New York City region.
Comcast also has a variety network known as CN8, or the Comcast available exclusively to Comcast and Cablevision subscribers. The channel shows news, sports, and entertainment and places emphasis in Philadelphia, New England, and the Network Baltimore/Washington, D.C. areas, though the channel is also available in New York, Pittsburgh, and Richmond. In August 2004, Comcast started a channel called CET (Comcast Entertainment Television). It is only available to Colorado Comcast subscribers. It focuses on Life in Colorado. It also carries some NHL & NBA Games when Altitude Sports & Entertainment is carrying the NBA or NHL. In January 2006, CET became the primary channel for Colorado's Emergency Alert System in the Denver Metro Area.
The UK division was sold to NTL in 1998. After the sale of their cellular division to SBC Communications of San Antonio and the acquisition of Greater Philadelphia Cablevision in 1999, Comcast and Medi aOne announced a $60 billion merger which did not occur until three years later (as AT&T Broadband).In 2002, Comcast paid the University of Maryland $25 million for naming rights to the new basketball arena built on the College Park campus, named Comcast Center.On January 3, 2005, Comcast announced that it would become the anchor tenant in a new skyscraper in downtown Philadelphia, to be named the Comcast Center , not to be confused with the Maryland arena mentioned above. The 975 ft (297 m) skyscraper, while still under construction, has topped off and is officially the tallest building in Pennsylvania.In December 2005, Comcast announced the creation of Comcast Interactive Media (CIM), a new division focused on online media.
Presently, Comcast serves a total of 24.2 million cable customers, 14.7 million digital cable customers, 12.9 million high-speed internet customers, and 4.1 million voice customers. The company employs over 90,000 people. Comcast is headquartered in Philadelphia, Pennsylvania, and also has corporate offices in Houston, Detroit, and Denver.