Comcast Business Announces $20 Million Investment

3/6/17

Comcast Business today announced it is investing $20 million 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. 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.

"This is one of the most significant infrastructure investments Comcast Business has made across the country, and we're proud to bring our best-in-class network deeper into downtown Pittsburgh to help the city and region continue its economic growth," said Paul Merritt, regional vice president for Comcast Business. "As demand for our high-performance Ethernet offerings continues to soar, Comcast Business recognizes the need to respond quickly and provide scalable solutions that can meet demand as businesses grow.

"This proactive investment signals that we are committed to playing a critical role in helping Pittsburgh attract, retain and grow successful businesses. We're not only prepared to continue connecting Pittsburgh but connecting its businesses and institutions to the rest of the region, the nation and the world," Merritt added.

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.

"We are continuing to see growth in businesses and organizations throughout this region, and are doing everything we can to support those efforts," said County Executive Rich Fitzgerald. "I applaud Comcast for also investing in this community and further providing businesses with the tools that they need."

Said Pittsburgh Mayor William Peduto, "I'd like to thank Comcast for their continued stewardship and commitment to the business community here in Pittsburgh. Investments in the modern, scalable, 21st Century infrastructure that Comcast Business provides will help our region continue to attract, retain and grow successful businesses."

Comcast Business serves 20 of the nation's top 25 markets and is one of the fastest-growing Ethernet providers in the nation. With a comprehensive portfolio of Ethernet options, Comcast Business serves businesses and organizations with distributed enterprises that require large amounts of bandwidth, are looking to link multiple sites or branch locations or plan to connect their offices to a third-party data center. Nationally, Comcast Business's Ethernet services are delivered over an advanced network that spans more than 153,000 miles. Comcast Business customers thus remain on an advanced network that is quickly scalable and privately managed by an experienced team.

About Comcast Business

Comcast Business offers Ethernet, Internet, Wi-Fi, Voice, TV and managed enterprise solutions to help organizations of all sizes transform their business. Powered by a next-generation, fiber-based network, and backed by 24/7 technical support, Comcast Business is one of the largest contributors to the growth of Comcast Cable. Comcast Business is the nation's largest cable provider to small and mid-size businesses and has emerged as a force in the Ethernet market; recognized over the last two years by leading industry associations as its fastest growing provider and service provider of the year.

For more information, call 866-429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social.

About Comcast Cable

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. Comcast has invested in technology to build an advanced network that delivers among the fastest broadband speeds, and brings customers personalized video, communications and home management offerings. Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. Visit www.comcastcorporation.com for more information.

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