ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Comcast Completes Initial Phase of Multi-Million-Dollar Broadband Expansion to 700 Homes and Businesses In Mt. Angel, Oregon

--News Direct--

Comcast today announced the company completed the initial phase of its expansion to bring its smart, fast, reliable fiber-rich Xfinity 10G Network to 700 homes and businesses in Mt. Angel, Oregon. Comcast began construction in May 2023 and expects to extend its network to more than 300 additional homes and businesses over the next year.

As part of its commitment to connect more homes in Oregon, the expansion brings residential broadband speeds faster than 1 gigabit per second (Gbps) and business speeds up to 100 Gbps. Comcast’s planned network in Mt. Angel is the latest example of the company’s investment in Oregon. This year to date, Comcast expanded broadband service to more than 5,000 additional homes and businesses in Oregon, with major network expansion projects in Marion, Multnomah & Washington Counties. Further, Comcast has invested $534M in technology and infrastructure in Oregon during the last three years, including upgrades to our network.

“Connecting people to the power of technology is important and life-changing,” said Rodrigo Lopez, Senior Regional Vice President of Comcast’s Pacific Northwest Region. That is why Comcast is investing $280 million this year to expand broadband and video services to more than 60,000 additional homes and businesses, enhance our network to offer multi-gigabit Internet speeds, and advance digital equity in communities throughout Oregon and Washington.”

Residential customers are now able to take advantage of Xfinity’s full suite of internet products, including the company’s Internet Essentials program that provides low-cost, high-speed broadband for income-constrained households. Since its inception in 2011, the program has connected more than 4,000 Oregon residents, many for the first time. Comcast also participates in the Affordable Connectivity Program (ACP), which provides qualifying households with a $30 monthly credit toward internet and mobile services.

Powered by the Xfinity 10G Network

Comcast’s network and Internet experience are powering homes and businesses today and into the future:

  • Ultimate Capacity: Xfinity customers connect nearly 1 billion devices across the company’s network annually. The Xfinity 10G Network with the next-generation Xfinity gateways deliver the most advanced WiFi technology carrying three times more bandwidth to power streaming, gaming, videoconferencing, and more, simultaneously.
  • Fastest Internet: More than a third of Xfinity Internet customers subscribe to gigabit speed products, and symmetrical gig speeds are planned to come to the first homes later this year.
  • Unprecedented Coverage: The latest Xfinity Gateway provides a more reliable connection throughout the home. Customers can get wall-to-wall WiFi coverage with a powerful Xfinity WiFi Boost Pod that extends coverage to hard-to-reach areas, with plans for an offering of increased support for in-home WiFi through a “boost guarantee” later this year.
  • Most Reliable Connection: Comcast is scaling the nation’s largest and most reliable network – the Xfinity 10G Network – that passes 60 million homes and businesses and counting. The company plans to launch a new device that is “storm ready” with cellular and battery backup to help keep customers connected even when the power goes out.
  • Ultra-Low Latency: The Xfinity 10G Network and the latest Xfinity Gateway are a powerful combination that deliver ultra-low latency for those moments when response times matter most like video games, a fast-growing category with Xfinity households averaging more than one gaming console per home.

For local businesses, Comcast Business offers a suite of connectivity, cybersecurity, managed solutions, and Comcast Business Mobile products designed specifically for their employee’s needs. Powered by the nation’s largest Gig-speed broadband network, and backed by 24/7 customer support, Comcast Business is the nation’s largest cable and Internet provider to small and mid-size businesses and one of the leading providers to larger organizations in the Enterprise market. Comcast Business has been consistently recognized by industry analysts and associations as a leader and innovator, and one of the fastest-growing providers of Ethernet services.

Developers, municipalities, and businesses that are interested in partnering with Comcast to extend internet services in their area may contact the company’s Business Development Group at PNRBusinessDevelopmentGroup@comcast.com. Comcast’s Business Development Group identifies commercial and residential expansion opportunities and collaborates with local communities to grow high-speed broadband internet availability and adoption.

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.

Contact Details

Rachael Arnold

Rachael_Arnold@Comcast.com

Company Website

https://oregon.comcast.com/

View source version on newsdirect.com: https://newsdirect.com/news/comcast-completes-initial-phase-of-multi-million-dollar-broadband-expansion-to-700-homes-and-businesses-in-mt-angel-oregon-545481392

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.