Comcast Announces Plan to Split into Two Publicly Traded Companies
Comcast has announced plans to separate its operations into two publicly traded entities: one focused on broadband and wireless services under the 'Comcast' name, and another housing NBCUniversal with Sky. The split is expected to take about a year, with new CEOs for each company.
Tickers: $CMCSA
Topics: broadband services corporate restructuring media industry