This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Comcast Brings High-Speed Broadband To Underserved Commercial Areas In Nearly 100 Washington State Cities

Stocks in this article: CMCSA CMCSK

Comcast Business, one of the nation’s leading providers of information and communications products and services to companies, today announced a major state-wide expansion of high-speed broadband to underserved commercial areas in nearly 100 cities throughout Washington state.

“The Puget Sound region is widely known as a technology hub. However, there are many commercial areas that suffer from lack of 'last mile' access to high-speed Internet,” said Matt Fassnacht, Vice President of Comcast Business for Washington. “This expansion will enable companies from all corners of the state to grow and expand, and attract economic investment.”

Comcast Business’s expansion includes building to businesses that have specifically requested Comcast’s services as well as to expand fiber optic lines to areas to encourage future growth. Immediate plans include “proactive” builds in commercial areas of Bellevue, Kitsap County and Renton to offer high-speed broadband and fiber-based Ethernet services for local businesses of all sizes. Additional expansions will follow throughout 2014.

“We welcome this timely investment in Kitsap’s communication infrastructure – the backbone of our growing knowledge based economy - it’s like adding HOV lanes to Kitsap’s already solid information highway,” said John Powers, executive director of the Kitsap Economic Development Alliance. We know businesses need access to high-speed broadband in order to grow and prosper. This investment will help ensure we continue to have the critical infrastructure upgrades to attract new jobs and even more economic opportunities in Kitsap.”

Comcast Business is targeting network expansions in small geographic areas that are underserved and could benefit from access to broadband. Construction is scheduled to start this fall and continue throughout 2014.

“Imagine expanding a two-lane highway to a six-lane highway so it carries more traffic at faster speeds,” added Fassnacht. “This expansion will bring businesses greater transmission capacity at some of the fastest Internet speeds in the country.”

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,300.38 +231.51 1.36%
S&P 500 1,995.26 +22.52 1.14%
NASDAQ 4,606.7080 +58.8740 1.29%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs