Comcast Connects More Than 1,200 Homes and Businesses in Montgomery County to Reliable, High-Speed Internet

Rhea-AI Summary

Comcast (NASDAQ:CMCSA) has completed the construction of its next-generation fiber network in Montgomery County, Indiana, connecting over 1,200 homes and businesses to high-speed internet services. The expansion is part of a partnership with Indiana's Next Level Connections Broadband Grant Program, which has invested $350 million in improving state broadband access.

The company has invested nearly $600 million over the last three years to enhance its fiber-rich network in Indiana, operating more than 65,500 WiFi hotspots across the state. The network offers symmetrical speeds with 99.9% reliability and built-in cybersecurity. Through its Internet Essentials program, Comcast has helped connect over 772,000 Indiana residents since 2011.

Positive

• Investment of $600 million in Indiana network infrastructure over past 3 years
• Connection of 1,200+ new homes and businesses to high-speed internet
• Partnership with state grant program supporting rural expansion
• 99.9% network reliability with symmetrical speeds
• Successful connection of 772,000 Indiana residents through Internet Essentials program

Negative

• None.

News Market Reaction – CMCSA

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15 alerts

-1.01% News Effect

+2.3% Peak in 1 hr 35 min

-$1.24B Valuation Impact

$121.35B Market Cap

0.0x Rel. Volume

On the day this news was published, CMCSA declined 1.01%, reflecting a mild negative market reaction. Argus tracked a peak move of +2.3% during that session. Our momentum scanner triggered 15 alerts that day, indicating notable trading interest and price volatility. This price movement removed approximately $1.24B from the company's valuation, bringing the market cap to $121.35B at that time.

Data tracked by StockTitan Argus on the day of publication.

Fiber expansion to power faster and more reliable network for 1,200+ residents, businesses

CRAWFORDSVILLE, Ind., July 30, 2025 /PRNewswire/ -- Comcast announced the completion of construction of its next-generation fiber network in Montgomery County. More than 1,200 residents and businesses now have access to the full suite of Xfinity and Comcast Business services, including built-in cybersecurity, affordable Internet plans, and a robust video offering spanning TV and streaming.

"Bringing fiber connections to rural Montgomery County is a top priority, and we are grateful for Comcast's investment in the unserved and underserved areas of Waveland, Waynetown, Ladoga, New Market and southern Crawfordsville," said Jim Fulwider, Montgomery County Commissioner. "By working together, we've made it possible for these newly connected homes and businesses to thrive with reliable, high-speed Internet."

Comcast's investment comes in partnership with the State of Indiana's Next Level Connections Broadband Grant Program, which has invested $350 million toward improving broadband access and adoption in the state.

"We are working to ensure that every Hoosier has access to high-speed, reliable, affordable broadband," said Steve Cox, Indiana's Chief Broadband Officer. "Connecting every corner of our state will provide economic mobility and connect residents and businesses to a better quality of life. With this partnership, Comcast is helping us make that happen."

Overall, Comcast has invested nearly $600 million to grow and evolve its expansive fiber-rich network in Indiana over the last three years and operates more than 65,500 WiFi hotspots across the state.

"For rural communities to continue to grow, residents and businesses need to know they can count on high-speed internet access," said Joni Hart, vice president of Government Affairs, Comcast Indiana. "Comcast is proud to continue its commitment to rural Hoosiers by bringing our next-generation network home to Montgomery County."

A Network You Can Trust to be Reliable, Fast and Secure 

Comcast's state-of-the-art network is built to enable residents and businesses to thrive in today's constantly connected world. Montgomery County joins 64 million homes and businesses that have access to a network that is trusted by essential community organizations like hospitals, schools, transportation systems and first responders. It delivers symmetrical speeds, 99.9 percent reliability and security built in from the ground up to keep customers safe from cyber threats.    

Introducing Xfinity for Consumers 

Comcast's residential services are marketed under the Xfinity brand and consumers in the company's Indiana footprint can take advantage of Xfinity's full suite of products, including Internet, video, mobile, voice and home security. With symmetrical 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.  

For local businesses, Comcast Business offers a suite of connectivity, communications, networking, cybersecurity, 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.   

What it Means for Residents 

Comcast's commitment to communities goes beyond building the network and aims to increase economic mobility for the local community and its residents. That's why Comcast created Internet Essentials, a broadband adoption program that offers eligible households low-cost, high-speed Internet and affordable computers. The program has helped more than 772,000 Indiana residents connect to the Internet since its launch in 2011.

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.

About Comcast Indiana
With more than 1,100 local employees, Comcast Indiana (https://indiana.comcast.com/) has served customers in Indiana for more than four decades. In the last three years, we've invested more than $1.3 billion in Indiana, including capital expenditures, employee wages and benefits, taxes, charitable giving, and infrastructure upgrades. "Like" Comcast Indiana on Facebook by visiting @Comcast. "Follow" Comcast Indiana on X at @ComcastIN.

Press Contacts
Amy Pietzak
amy_pietzak@comcast.com

Samantha VanHoef
samantha_vanhoef@comcast.com

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SOURCE Comcast

FAQ

What is Comcast's investment in Indiana's network infrastructure?

Comcast has invested nearly $600 million over the last three years to grow and evolve its fiber-rich network in Indiana.

How many homes and businesses did Comcast connect in Montgomery County, Indiana?

Comcast connected more than 1,200 homes and businesses in Montgomery County to its next-generation fiber network.

What areas in Montgomery County, Indiana are covered by Comcast's new fiber network?

The network covers Waveland, Waynetown, Ladoga, New Market and southern Crawfordsville in Montgomery County.

How many Indiana residents has Comcast's Internet Essentials program helped?

Comcast's Internet Essentials program has helped more than 772,000 Indiana residents connect to the Internet since its launch in 2011.

How many WiFi hotspots does Comcast operate in Indiana?

Comcast operates more than 65,500 WiFi hotspots across Indiana.