-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, CJD6AV+l8qibfuIaJO+6qaimUzw79Xlge2WUfoPjXJsfcd73BKrngrdP01hXZZlJ SRr5xaI+LirFdDoc6ZFicg== 0000950159-99-000329.txt : 19991118 0000950159-99-000329.hdr.sgml : 19991118 ACCESSION NUMBER: 0000950159-99-000329 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 19991116 ITEM INFORMATION: ITEM INFORMATION: FILED AS OF DATE: 19991117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COMCAST CORP CENTRAL INDEX KEY: 0000022301 STANDARD INDUSTRIAL CLASSIFICATION: CABLE & OTHER PAY TELEVISION SERVICES [4841] IRS NUMBER: 231709202 STATE OF INCORPORATION: PA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-15471 FILM NUMBER: 99759861 BUSINESS ADDRESS: STREET 1: 1500 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102-2148 BUSINESS PHONE: 2156651700 MAIL ADDRESS: STREET 1: 1500 MARKET STREET CITY: PHILADELPHIA STATE: PA ZIP: 19102-2148 8-K 1 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ---------------------- FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 ---------------------- November 16, 1999 (Date of earliest event reported) COMCAST CORPORATION (Exact name of registrant as specified in charter) Pennsylvania 0-6983 23-1709202 (State of Incorporation) (Commission File Number) (IRS Employer Identification No.) 1500 Market Street, Philadelphia, Pennsylvania 19102-2148 (Address of principal executive offices) (Zip Code) Registrant's telephone number including area code: (215) 665-1700 ITEM 5. Other Events. On November 16, 1999, Comcast Corporation ("Comcast"), announced an agreement to swap certain cable systems with Time Warner Cable, a division of Time Warner Entertainment Company, L.P. A press release announcing the agreement was issued by Comcast on November 16, 1999. The information contained in the press release is incorporated herein by reference. The press release is attached hereto as Exhibit 99.1. ITEM 7. Financial Statements and Exhibits. (c) Exhibits: 99.1 Press Release dated November 16, 1999. -2- SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, Registrant has duly caused this Report to be signed on its behalf by the undersigned, thereunto duly authorized. COMCAST CORPORATION By: /s/ Joseph J. Euteneuer Joseph J. Euteneuer Vice President and Corporate Controller Date: November 17, 1999 -3- EXHIBIT INDEX Exhibit No. Exhibit 99.1 Press Release dated November 16, 1999. EX-99.1 2 COMCAST CORPORATION NEWS RELEASE - ------------------------------------------------------------------------------- Contacts: at Time Warner - ------------------------ Michael Luftman, Time Warner Cable (203) 328-0613 Contacts: at Comcast - -------------------- Sheila Willard, Vice President of Government Affairs (215) 981-7613 William Goetz, Regional Senior Vice President Southeast Region (561) 227-1020 Diane Dietz, VP of Public Affairs, Midwest Region (248) 204-6738 FOR IMMEDIATE RELEASE TIME WARNER CABLE AND COMCAST TO SWAP CABLE SYSTEMS IN INDIANA AND FLORIDA SERVING 253,000 CUSTOMERS Comcast Corporation and Time Warner Cable announced today that they have agreed to trade Comcast's Lake County and Tallahassee, Florida systems for Time Warner's Indianapolis, Indiana system. Under the agreement, Time Warner will trade its Indianapolis cable system to Comcast, along with smaller systems in Marion and Lizton, Indiana, which together serve a total of 120,000 customers. Comcast currently operates cable systems in the Indianapolis area serving 150,000 subscribers and will serve over 390,000 subscribers in Indiana upon closing of this and certain other pending transactions. In this swap, Time Warner will receive Comcast's Tallahassee system, which serves 76,000 customers and its Lake County system near Orlando, which has 57,000 customers. Time Warner's Orlando division presently serves 650,000 subscribers and its Florida operations serve more than 1.5 million people. The system swaps are subject to customary closing and regulatory approvals and are expected to close by mid-2000. "Continuing to enhance our already well-clustered operations in key states like Florida is a priority for Time Warner Cable," said Glenn A. Britt, the company's president. "We are pleased we've been able to accomplish this important transaction with Comcast and are confident our customers in Indianapolis will continue to receive the highest levels of customer service." "We are excited to strengthen our Indianapolis presence through this transaction," said Stephen B. Burke, president of Comcast Cable Communications, Inc. "We have served Indianapolis County for over 12 years and we look forward to expanding our digital cable, high-speed Internet services and other emerging new services throughout the City. While it is always disappointing to leave any community, we know that our Tallahassee and Lake County customers will be in good hands with Time Warner." Comcast Corporation (www.comcast.com) is principally engaged in the development, management and operation of broadband cable networks and in the provision of content through principal ownership of QVC, Comcast-Spectacor and Comcast SportsNet, a controlling interest in E! Entertainment Television and through other programming investments. Comcast's Class A Special Common Stock and Class A Common Stock are traded on The Nasdaq Stock Market under the symbols CMCSK and CMCSA, respectively. #### -----END PRIVACY-ENHANCED MESSAGE-----