Comcast founder Ralph Roberts passes away

Thakur

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Credited with building Comcast from a small cable TV system in Mississippi to one of the largest entertainment companies in the US, Ralph Roberts, the founder of Comcast and a pioneer of US cable television, passed away on Thursday in Philadelphia.

Aged 95, Roberts led Comcast for decades and remained the chairman emeritus of the company’s board of directors. His son Brian became chairman and CEO of Comcast more than a decade ago.

Brian and the rest of the Roberts family said in a statement, “Ralph was a remarkable man who touched the lives of so many people.

He was a wonderful husband, father and grandfather, and perhaps most importantly, a kind and humble human being.

He will always be remembered for his generosity, integrity, honesty, kindness, and respect for everyone around him. He was an inspiration to us all and we will miss him greatly.”

Ralph built Comcast “from its humble roots as a small, regional cable company into the global Fortune 50 media and technology leader it is today”.

Roberts was in his 40s when he began his career in the fledgling cable industry, with a $500,000 purchase of American Cable Systems, a company with 1,200 subscribers in Tupelo, Mississippi.

Through a long series of acquisitions and expansions, he then gained territory in other states and helped to establish the American cable television business.

Read more at: 

http://www.televisionpost.com/news/comcast-founder-ralph-roberts-passes-away/
 
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