Does Verizon own Comcast?-Know more

Well, we have availed Verizon and we have availed Comcast and frankly speaking, both have solved our purpose. From mobile to your TV, Verizon has covered it all. However, Comcast is no less and has registered itself as the second largest broadcasting company in the world by revenue. Not only this, Comcast is the United State’s third largest telephone service provider. Both these companies have a wide expanse and popularity in the same areas. Let’s read about Does Verizon own Comcast?

Does Verizon own Comcast?

But what confuses people is how they are linked and is there a connection at all? Well, since the companies do not seem to have a clear owner, these misconceptions are bound to rise and when it comes to these conglomerates there are so many companies. Plus, when the area of the field is similar and complementary, we tend to relate them. However, there can be innumerable reasons for the prevailing beliefs, but we are here to clear them out and look at the bigger picture.

Is there a relation between them?

Well, both Verizon and Comcast are conglomerates. That is a number of companies contribute to them. But however, they are not connected to each other and have no relation between them. Verizon doesn’t own Comcast. However, Comcast has produced a number of shows and channels loved by people. One of them is the popular channel MSNBC, known for home and lifestyle shows. Plus, it also owns channels and organizations like Oxygen, NBC, Universaland and so on. Not only this, Comcast also provides internet and telephone services under the name of Xfinity. Verizon is quite the same and fulfills your internet requirements under the name of FIOS. 

Though Verizon’s services are spread worldwide, it mainly serves the people of the United States. As Comcast has expanded its expertise in media too, therefore it has produced many feature films for exhibition in addition to over the air and cable programming.

Comcast and its Expanse

Comcast Corporation, an American Multinational Conglomerate with its headquarters at Philadelphia, Pennsylvania was founded in the year 1963 by Ralph J. Roberts, the company is currently headed by his son Brian L. Roberts. It is rightly considered as a family business with a number of influential people in its board of directors. Started off as American Cable systems with only 1200 subscribers, this company’s revenue has reached $103.56 billion. Thanks to the efforts of Ralph and the help of Julian Broadsky and Dan Aaron.

Apart from Xfinity, Comcast owns a variety of media companies that have grown big hits as of now.  Some of these companies are Universal Studios, NBC Universal, Dreamworks, SNL Studio, Bravo, MSNBC, CNBC, Crafsty and many more. In addition to cable and internet services, Comcast also focuses on its media departments growing its expanse even more.

Comcast vs Verizon

Well, we might consider Verizon and Comcast very similar but they do have differences in their services. However, the basic service does remain the same but Comcast takes a win over Verizon as Comcast’s Xfinity provides both cable and the fiber network while Verizon’s FIOS just focuses on one that is the fiber network. 

In addition to services, Verizon’s expanse is relatively less than Comcast as Comcast is there in 40 states while Verizon is only in 10 states. This clearly indicates Comcast offering more than Verizon. 

Not only this in terms of TV, Comcast has a lot in store for you than Verizon both in terms of variety and money. But if you are the one who doesn’t really care for TV and has a lot to do with the internet and services, then Verizon FIOS may be a better place for you. However, if you want both TV and internet then go for Comcast’s Xfinity.

Conclusion

Well, Verizon and Comcast quite have a lot in common. But in terms of facilities and services Comcast takes a clear win over Verizon. Due to the exact same services both can be considered as partners, but they are not. However, they provide other facilities such as internet and TV under different names such as Verizon’s FIOS and Comcast’s Xfinity but they aren’t related to each other. However, if your internet is your priority go for Verizon but if you want both TV and internet go for Comcast.

FAQs

Q. Is Comcast better than Verizon?

Ans. It clearly depends upon your priority. In a matter of fact, Comcast is better than Verizon in providing more services and cheaper bundle deals. But if the internet is your topmost priority then go for Verizon, otherwise go for Comcast.

Q. What channels does Comcast own?

Ans. Comcast owns various top channels such as MSNBC, CNBC, Oxygen. In addition to that it owns various big media companies such as DreamWorks, Universal Studio, Bravo and many others.

Q. Who has wider reach?

Ans. Clearly, Comcast has a wider reach than Verizon. Comcast expands over 40 states while Verizon expands over just 10.

Does Verizon own Comcast?-Know more

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