Comcast Business gets USD 20m investment

Comcast Business is investing USD 20m in a major expansion of its fiber-based network in downtown Pittsburgh, reaching more than 425 additional businesses directly and benefiting hundreds more by making the network more accessible, the company said.

Capable of delivering up to 100 Gigabits-per-second (Gbps) of network capacity, the fiber optic Ethernet network expansion will support advanced services and give Comcast the ability to give new customers, ranging from small and medium-sized organizations to large enterprises, quick access to its network.

While the Comcast Business fiber network already serves many of Pittsburgh´s largest companies and hundreds of businesses, this concentrated expansion will deploy more than 64 miles of new fiber optic cable and encompass the entire Golden Triangle. Significant work began about one year ago to provide high-performance Ethernet, Internet and advanced voice solutions to businesses and organizations throughout this downtown area, and additional work will be completed by 4Q 2018.

The Keystone Region Comcast Business team last year completed the company´s first 100 Gbps network in the Eastern United States, connecting Penn State University´s data center with its Milton S. Hershey Medical Center facility. In addition to the higher education facilities, medical industries, law firms and financial services institutions prevalent in Pittsburgh, the steady influx of new technology companies to the city creates a hotbed of economic development requiring access to the advanced communications solutions Comcast Business offers.