STOCK TITAN

Comcast Invests $15M to Expand High-Speed Network Across Charlotte County, FL

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Very Positive)
Tags

Comcast has announced a $15 million investment to expand its high-speed network across Charlotte County, Florida. The expansion will provide thousands of homes and businesses in Rotunda West, Gulf Cove, South Gulf Cove, Port Charlotte, and other neighborhoods with access to Xfinity and Comcast Business services. Some areas like Port Charlotte and Rotunda West are already serviceable.

The next-generation network offers residential customers speeds up to 1.2 Gbps and businesses up to 100 Gbps. Services include Internet, video, mobile, voice, and home security for consumers, while businesses can access connectivity, communications, networking, cybersecurity, and managed solutions.

As part of its community commitment, Comcast provided a $30,000 grant to the Boys & Girls Clubs of Charlotte County for a new computer lab. The company also offers Internet Essentials, a program providing low-cost Internet service and digital skills training to eligible income-constrained households.

Comcast ha annunciato un per espandere la sua rete ad alta velocità nella Contea di Charlotte, Florida. L'espansione fornirà a migliaia di case e aziende a Rotunda West, Gulf Cove, South Gulf Cove, Port Charlotte e altri quartieri l'accesso ai servizi di Xfinity e Comcast Business. Alcune aree, come Port Charlotte e Rotunda West, sono già servite.

La rete di nuova generazione offre ai clienti residenziali velocità fino a 1,2 Gbps e alle aziende fino a 100 Gbps. I servizi includono Internet, video, mobile, voce e sicurezza domestica per i consumatori, mentre le aziende possono accedere a connettività, comunicazioni, networking, cybersecurity e soluzioni gestite.

Come parte del suo impegno verso la comunità, Comcast ha fornito una ai Boys & Girls Clubs della Contea di Charlotte per un nuovo laboratorio informatico. L'azienda offre anche Internet Essentials, un programma che fornisce servizi Internet a basso costo e formazione sulle competenze digitali a famiglie con reddito limitato.

Comcast ha anunciado una para expandir su red de alta velocidad en el condado de Charlotte, Florida. La expansión proporcionará a miles de hogares y negocios en Rotunda West, Gulf Cove, South Gulf Cove, Port Charlotte y otros vecindarios acceso a los servicios de Xfinity y Comcast Business. Algunas áreas, como Port Charlotte y Rotunda West, ya tienen servicio.

La red de próxima generación ofrece a los clientes residenciales velocidades de hasta 1.2 Gbps y a las empresas hasta 100 Gbps. Los servicios incluyen Internet, video, móvil, voz y seguridad en el hogar para los consumidores, mientras que las empresas pueden acceder a conectividad, comunicaciones, redes, ciberseguridad y soluciones gestionadas.

Como parte de su compromiso con la comunidad, Comcast otorgó una a los Boys & Girls Clubs del condado de Charlotte para un nuevo laboratorio de computación. La empresa también ofrece Internet Essentials, un programa que proporciona servicio de Internet a bajo costo y capacitación en habilidades digitales a hogares con ingresos limitados.

콤캐스트는 플로리다주 샬럿 카운티에서 고속 네트워크를 확장하기 위해 1500만 달러의 투자를 발표했습니다. 이 확장은 로툰다 웨스트, 걸프 코브, 사우스 걸프 코브, 포트 샬럿 및 기타 동네의 수천 가정과 기업에 Xfinity 및 Comcast Business 서비스에 대한 접근을 제공합니다. 포트 샬럿과 로툰다 웨스트와 같은 일부 지역은 이미 서비스 가능 상태입니다.

차세대 네트워크는 주거 고객에게는 최대 1.2Gbps의 속도를 제공하고, 기업 고객에게는 최대 100Gbps의 속도를 제공합니다. 서비스에는 소비자를 위한 인터넷, 비디오, 모바일, 음성 및 홈 보안과, 기업을 위한 연결성, 커뮤니케이션, 네트워킹, 사이버 보안 및 관리 솔루션이 포함됩니다.

커뮤니티에 대한 약속의 일환으로, Comcast는 샬럿 카운티의 Boys & Girls Clubs에 새로운 컴퓨터 실을 위한 3만 달러의 보조금을 제공했습니다. 이 회사는 또한 저소득 가정에 저렴한 인터넷 서비스 및 디지털 기술 교육을 제공하는 프로그램인 Internet Essentials를 제공합니다.

Comcast a annoncé un investissement de 15 millions de dollars pour étendre son réseau à haut débit dans le comté de Charlotte, en Floride. L'expansion permettra à des milliers de foyers et d'entreprises à Rotunda West, Gulf Cove, South Gulf Cove, Port Charlotte et dans d'autres quartiers d'accéder aux services de Xfinity et de Comcast Business. Certaines zones comme Port Charlotte et Rotunda West sont déjà desservies.

Le réseau de nouvelle génération offre aux clients résidentiels des vitesses allant jusqu'à 1,2 Gbps et aux entreprises des vitesses allant jusqu'à 100 Gbps. Les services incluent Internet, vidéo, mobile, voix et sécurité à domicile pour les consommateurs, tandis que les entreprises peuvent accéder à la connectivité, aux communications, au réseautage, à la cybersécurité et à des solutions gérées.

Dans le cadre de son engagement envers la communauté, Comcast a accordé un subside de 30 000 dollars aux Boys & Girls Clubs du comté de Charlotte pour un nouveau laboratoire informatique. L'entreprise propose également Internet Essentials, un programme fournissant un service Internet à faible coût et une formation aux compétences numériques aux ménages à revenu limités.

Comcast hat eine Investition von 15 Millionen Dollar angekündigt, um sein Hochgeschwindigkeitsnetz im Charlotte County, Florida, auszubauen. Die Erweiterung wird Tausenden von Haushalten und Unternehmen in Rotunda West, Gulf Cove, South Gulf Cove, Port Charlotte und anderen Stadtteilen Zugang zu Xfinity- und Comcast Business-Diensten bieten. Einige Gebiete wie Port Charlotte und Rotunda West sind bereits mit diesen Diensten versorgt.

Das Netzwerk der nächsten Generation bietet privaten Kunden Geschwindigkeiten von bis zu 1,2 Gbps und Unternehmen bis zu 100 Gbps. Die Dienste umfassen Internet, Video, Mobilfunk, Telefondienste und Heimsicherheit für Verbraucher, während Unternehmen Zugang zu Konnektivität, Kommunikation, Netzwerk, Cybersicherheit und verwalteten Lösungen erhalten können.

Im Rahmen seines Engagements für die Gemeinschaft hat Comcast einen 30.000-Dollar-Zuschuss an die Boys & Girls Clubs im Charlotte County für ein neues Computerlabor bereitgestellt. Das Unternehmen bietet auch Internet Essentials an, ein Programm, das einkommensschwachen Haushalten kostengünstigen Internetdienst und digitale Schulungen anbietet.

Positive
  • $15 million network infrastructure investment expanding market presence
  • Competitive advantage with superior speeds (1.2 Gbps residential, 100 Gbps business)
  • Market expansion into multiple new service areas in Charlotte County
Negative
  • None.

Insights

Comcast's $15 million network expansion in Charlotte County represents a calculated move to strengthen its Florida footprint and capture emerging market opportunities in the rapidly growing Southwest Florida region. The investment's strategic significance extends beyond mere infrastructure:

  • Market Opportunity: Charlotte County's growing population and business community present significant revenue potential. The ability to offer superior speeds (up to 1.2 Gbps residential and 100 Gbps commercial) positions Comcast advantageously against local competitors.
  • Revenue Diversification: The expansion enables multiple revenue streams through Xfinity's full product suite - internet, video, mobile, voice and security services - plus Comcast Business offerings, creating opportunities for service bundling and increased ARPU (Average Revenue Per User).
  • Strategic Timing: This expansion aligns with broader regional investments in Broward, Citrus, DeSoto and Miami-Dade counties, indicating a coordinated strategy to establish market dominance in Florida's high-growth corridors.
  • Community Integration: The $30,000 Boys & Girls Clubs grant demonstrates smart stakeholder management, helping secure community support while developing future customer relationships through digital literacy initiatives.

The phased rollout approach, starting with Port Charlotte and Rotunda West, allows for optimized resource allocation and quick revenue generation from areas ready for service. This expansion positions Comcast to capture both immediate market share and long-term growth opportunities in Florida's expanding communities.

Tech leader's sizable investment brings several communities new reliable connectivity options

CHARLOTTE COUNTY, Fla., Jan. 24, 2025 /PRNewswire/ -- Comcast today announced a $15 million investment to build and expand its high-speed, reliable network across Charlotte County, Florida. Thousands of homes and businesses in the areas of Rotunda West, Gulf Cove, South Gulf Cove, Port Charlotte and other neighborhoods will have access to Xfinity and Comcast Business services. Construction is ongoing and services will become available as projects are completed. Some areas, like Port Charlotte and Rotunda West, are serviceable now.

"Comcast's expansion in Charlotte County with a brand-new Internet network is a wonderful benefit for the area. With this investment, they are not only bringing high-speed, reliable Internet to our residents, but also showing a commitment to our community," said District 3 Commissioner Bill Truex. "We are proud to have Comcast in Charlotte County and excited for the opportunities this will bring to residents and businesses."

The next-generation network gives Charlotte County access to reliable and fast Internet speeds that outperform competitors — up to 1.2 gigabits per second (Gbps) for residential customers and up to 100 Gbps for businesses.

"Southwest Florida has always been a priority for us, and we couldn't wait to bring our services to the growing Charlotte County. This is a fantastic day for residents as they now have a great option for reliable, high-speed Internet as well as access to Xfinity and Comcast Business Mobile," said Jeff Buzzelli, Regional Senior Vice President of Comcast Florida. "Charlotte County, we are ready to serve you! We look forward being a part of this community and earning your business."

Introducing Xfinity for Consumers

Comcast's residential services are marketed under the Xfinity and NOW brands, and consumers in Charlotte County will be able to take advantage of Xfinity's full suite of products, including Internetvideomobilevoice and home security. With fast Internet speeds, powerful WiFi that reaches every corner of the home, and super-responsive connections with low lag available with its plan, customers have a great experience using their connected devices to stream their favorite sports and entertainment content, video chat with coworkers and friends, learn from home or simply surf the web.

Comcast Business to Power Charlotte County's Workforce

For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, wireless, and managed solutions to help organizations of all sizes achieve their business goals. Industry analysts and associations have consistently recognized Comcast Business as a leader and innovator in flexible, scalable options as well as one of the fastest-growing providers of Ethernet services.

Accessing Affordable Internet

Comcast is committed to making Internet accessible and affordable across communities in Florida. Since 2011, the technology leader has offered Internet Essentials. The program provides low-cost Internet service, digital skills training and subsidized computers to eligible income-constrained households. Internet Essentials has helped hundreds of thousands of Floridians since its launch in 2011, including students, senior citizens, veterans and people with disabilities enrolled in public assistance programs and more.

While Comcast's commitment to Southwest Florida can be traced back for decades, the technology leader's presence and support is now on full display in Charlotte County. Recently, Comcast provided the Boys & Girls Clubs of Charlotte County with a $30,000 grant that will be used to build a new computer lab. Since its inception in 1997, the Boys & Girls Clubs of Charlotte County has been committed to helping youth reach their full potential as responsible, compassionate, and productive citizens through development, growth, and skill acquisition. With this new computer lab, children will learn important digital skills that are crucial to success in today's world.

"We are so thankful to have Comcast as part of our community and incredibly grateful for their contribution that will fund a brand-new computer lab for our 350 Charlotte County youth participants," said Lynn Dorler, Chief Executive Officer of the Boys & Girls Clubs of Charlotte County. "Comcast's commitment to connecting and empowering communities aligns with our mission and we look forward to working together to make an impact and benefit local youth and families."

Residents can visit Xfinity.com/mytown and enter their addresses for additional details on construction timing and upcoming service availability. Comcast's most recent expansion in Charlotte County is part of the company's latest investment in Florida, which also includes expansions in Broward CountyCitrus County, DeSoto County, and Miami-Dade County.

About Comcast Corporation
Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information.

Press Contact:
Sydney Freeman
Sydney_Freeman@comcast.com
https://florida.comcast.com/

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/comcast-invests-15m-to-expand-high-speed-network-across-charlotte-county-fl-302359260.html

SOURCE Comcast

FAQ

What is the size of Comcast's (CMCSA) investment in Charlotte County, FL for 2025?

Comcast (CMCSA) is investing $15 million to build and expand its high-speed network across Charlotte County, Florida.

What internet speeds will CMCSA offer in Charlotte County, FL?

Comcast will offer speeds up to 1.2 Gbps for residential customers and up to 100 Gbps for business customers in Charlotte County.

Which areas in Charlotte County will CMCSA's network expansion cover?

The expansion covers Rotunda West, Gulf Cove, South Gulf Cove, Port Charlotte, and other neighborhoods, with Port Charlotte and Rotunda West already having service.

What services will CMCSA offer to Charlotte County residents?

Comcast will offer Xfinity services including Internet, video, mobile, voice, and home security services to residential customers.

How much did CMCSA invest in the Boys & Girls Clubs of Charlotte County?

Comcast provided a $30,000 grant to the Boys & Girls Clubs of Charlotte County to build a new computer lab.

Comcast Corp

NASDAQ:CMCSA

CMCSA Rankings

CMCSA Latest News

CMCSA Stock Data

143.07B
3.79B
0.7%
87.36%
1.31%
Telecom Services
Cable & Other Pay Television Services
Link
United States of America
PHILADELPHIA