Broadcasting and Telecommunications
Globally Connected: Broadcasting & Telecommunications in Denver South
Denver South’s broadcasting and telecommunications cluster is keeping the world connected and developing groundbreaking technology. The Denver South region is an established, nationally recognized center for the broadcasting and telecommunications industry.
- 42% of broadcasting and telecommunications employees in the nine-county Metro Denver and Northern Colorado region work in Denver South
- 27,819 employees work for more than 515 companies in the industry in Denver South
- Denver South is home to some of the world’s largest broadcast and telecommunications companies including Comcast, DISH Network, Liberty Media and Charter Spectrum.
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Reasons to locate your broadcasting or telecommunications company in Denver South:
- 17,910 employees working for more than 390 companies
- $99,120 average annual salary for broadcasting and telecommunications employees in the nine-county region
- $4.2 billion total payroll for the cluster in 2015
- Colorado has one of the nation’s most educated workforces, ranking second among the 50 states for percentage of residents (39.2 percent) with a bachelor’s degree or higher.
- Colorado ranked second in the nation for its technology employment concentration (9.3 percent) in 2016. The state had the fourth-highest innovation per capita, ranked fifth for the tech industries’ contribution to the state’s economy, and had the 10th-highest average high-tech wage. Colorado had the ninth-highest wage differential in the nation, with tech workers earning nearly double the average private-sector worker. (CompTIA, Cyberstates 2017: The Definitive National, State, and City Analysis of the U.S. Tech Industry and Tech Workforce, 2017)
- Metro Denver ranked ninth among the 40 largest metro areas for startup activity in the 2016 Kauffman Index: Startup Activity, with 360 people out of 100,000 adults becoming entrepreneurs each month.
- Metro Denver ranked as the fourth-best metro area for young entrepreneurs in 2016. The metro area received accolades for its highly educated population and high rate of small business loans. (NerdWallet, 2016)
- Denver ranked third among the top 25 U.S. cities for fostering innovation and entrepreneurial growth. The city ranked among the top five for a healthy quality of life, a well-connected ecosystem, a vibrant cultural foundation, and a highly educated young population. (U.S. Chamber of Commerce Foundation, 2016)
- Metro Denver ranked as the fourth-best metro area for science, technology, engineering, and mathematics (STEM) professionals in 2016. Metro Denver ranked seventh for the projected number of STEM jobs needed by 2020. (WalletHub, 2016)
- Metro Denver is the largest region in the U.S. to offer one-bounce satellite uplinks to six out of seven continents in one business day due to its unique geographic location in the Mountain time zone.
- Denver South boasts a close proximity to Denver International Airport (DEN) and Centennial Airport.
- Denver South is supported by access to national and global business hubs through a strong transportation infrastructure.
- Metro Denver’s central U.S. location on the 105th meridian at the midpoint between Tokyo and Frankfurt makes it a strategic choice for conducting national and international business.
- More than 1,000 miles from the nearest coast and outside of Tornado Alley, Metro Denver’s risk of natural disasters is minimal compared with locations in the east, west, and south.
- Colorado ranked fifth on Forbes’ 2016 “Best States for Business” list. The state received its highest rankings for labor supply (first overall), economic climate (second overall), growth prospects (third overall), and regulatory environment (ninth overall).
Metro Denver ranked No. 2 among Forbes’ 2017 “Best Places for Business and Careers” ranking in the top two for the third-straight year.
- Denver South’s office rental rates averaged $24.51 per square foot in the first quarter of 2017, making the region’s office market highly competitive with other major markets in the U.S.
- Colorado has one of the nation’s most favorable corporate income tax structures. The state’s corporate income tax rate of 4.63 percent is one of the lowest in the nation and is based on single-factor apportionment, which allows companies to pay taxes based solely on their sales in the state.
- The Denver-Aurora-Broomfield metropolitan area ranked among the top 10 for economic development and job growth in the “Leading Locations for 2016” list. Areas recognized in the study exhibited economic strength and capacity to support business prosperity.
- Colorado has the nation’s ninth-best tax climate for entrepreneurship and small business. (Small Business & Entrepreneurship Council, 2016)
- Colorado ranked among the top five “Best States for Small Business Friendliness” in 2016. Denver received an “A-” grade for overall friendliness.(Thumbtack.com, 2016; Ewing Marion Kauffman Foundation, 2016)
- Highlands Ranch (sixth) and Centennial (13th) ranked among MONEY Magazine’s 2016 “Best Places to Live” list.
Centennial ranked among the “Best Cities for Young Families” in 2017. The city ranked No. 49 out of 510 U.S. communities.
- The Denver South region boasts a variety of quality living options from expansive apartment complexes to single-family homes surrounded by open spaces. The area is also known for beautiful neighborhoods, award-winning schools and popular parks and trail systems.
- The South Metro Corridor is home to seven state parks, greenways, and a national forest and has preserved over 50,000 acres of natural open space. The High Line Canal, designated as a National Landmark Trail, contributes to the region’s robust trail system.
- Denver ranked fifth among the “2016’s Best Large Cities to Live In.” Denver scored first for livability and third for local economy and taxes.
- Metro Denver ranked as the third-fittest metropolitan area in the U.S. in 2016.
Nearly 30 public and private golf courses are located in the South Metro Corridor and world-class ski resorts are located within 100 miles of the Corridor.
Meet Your Neighbors
Liberty Media Corporation
Liberty Media Corporation operates and owns interests in a broad range of media, communications and entertainment businesses. Those businesses are attributed to three tracking stock groups: the Liberty SiriusXM Group, the Braves Group and the Formula One Group. Learn more
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company with two primary businesses, Comcast Cable and NBCUniversal. Comcast Cable is one of the nation’s largest video, high- speed internet, and phone providers to residential customers under the XFINITY brand, and also provides these services to businesses. NBCUniversal operates news, entertainment and sports cable networks, the NBC and Telemundo broadcast networks, television production operations, television station groups, Universal Pictures and Universal Parks and Resorts. Learn more
Charter (NASDAQ: CHTR) is a leading broadband communications company and the second largest cable operator in the United States. Charter provides a full range of advanced broadband services, including Spectrum TV™ video entertainment programming, Spectrum Internet™ access, and Spectrum Voice™. Learn more