Submitted by: Alexandra Wachman, Public Relations Manager, Comcast
Comcast Business recently announced it is investing more than $30 million in a major expansion of its fiber-based network in Philadelphia, reaching more than 3,000 businesses directly and benefiting tens of thousands more by making the network more accessible and affordable. Capable of delivering up to 100 Gigabits-per-second (Gbps) of network capacity, the fiber optic Ethernet network expansion will support advanced services that will bring customers, ranging from small and medium-sized organizations to large enterprises, online more quickly.
While the Comcast Business fiber network already serves many of Philadelphia’s largest companies and hundreds of other businesses, this concentrated expansion will deploy more than 50 miles of new fiber optic cable and encompass the city’s two largest business districts – Center City (from the Delaware River to the Schuylkill River) and University City. Significant work has already begun over the past few months to provide high-performance Ethernet, Internet and advanced voice solutions to businesses and organizations throughout the city, and additional network expansions will be completed through the remainder of the year.
“This significant investment in our city’s infrastructure is critical to provide our businesses with the access and options they need to compete and grow,” said Rob Wonderling, President and CEO of the Chamber of Commerce for Greater Philadelphia. “This competitive advantage will also help us continue to attract innovative companies to our city.”
In addition to the educational facilities, medical industries, law firms and finance institutions prevalent in Philadelphia, the revitalization of tech and retail districts – combined with the influx of new small businesses and startups – creates a hotbed of economic development requiring access to the advanced communications solutions Comcast Business offers.
Over the summer, Comcast Business played a critical role in one of the most technologically-advanced events in history as the official Broadband and Telecommun