Comcast Expands State-of-the-Art Network to Bring Fast, Reliable Internet to Coral Springs, FL
Rhea-AI Summary
Comcast has initiated construction of a new fiber network in Coral Springs, Florida, representing a multi-million-dollar investment. The project, which began last year, will provide thousands of homes and businesses access to Xfinity and Comcast Business services. The network will deliver speeds up to 1 Gbps for residential and 100 Gbps for business customers with symmetrical speeds.
Construction started in residential areas west of University Drive and is currently progressing near NW 49th Pl. and NW 89th Ter. The next phase will cover areas between Coral Ridge Dr. and Coral Springs Dr. The majority of the project is expected to be completed by late 2025.
The expansion includes Xfinity's full suite of products for consumers and Comcast Business solutions for organizations. The company also maintains its commitment to affordable internet access through its Internet Essentials program, which provides low-cost service and digital skills training to eligible households.
Positive
- Multi-million dollar infrastructure investment expanding market presence
- High-speed fiber network offering up to 1 Gbps residential and 100 Gbps business speeds
- Expansion into new market area with thousands of potential customers
- Project completion expected by late 2025, showing clear timeline for revenue generation
Negative
- Significant capital expenditure required for network construction
- Extended timeline until project completion and full revenue realization
- Competitive market entry requiring customer acquisition efforts
News Market Reaction 1 Alert
On the day this news was published, CMCSA declined 0.83%, reflecting a mild negative market reaction.
Data tracked by StockTitan Argus on the day of publication.
Tech leader's multi-million-dollar investment will bring an all-new fiber network to
Construction began in the residential areas west of University Drive. Crews broke ground last year at the intersection of NW 28th St. and SW 94th Ave. Building is currently taking place near NW 49th Pl. and NW 89th Ter. and will continue up and down Westview Dr. and 86th Way. The next areas to be constructed are between Coral Ridge Dr. and Coral Springs Dr., south of W Sample Rd. and north of Royal Palm Blvd.
"We're glad to see Comcast investing in and expanding to
This new, next-generation network will give
"
Introducing Xfinity for Consumers
Comcast's residential services are marketed under the Xfinity and NOW brands, and consumers in
Comcast Business to Power Coral Spring'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
While Comcast's commitment to
Comcast Business also took over Let's Chill Homemade Ice Cream. The team offered free ice cream flights to patrons and shared information about their products and services.
"This is a new day,
Residents can visit Xfinity.com/mytown and enter their addresses for additional details on construction timing and upcoming service availability. The majority of this project is expected to be completed by late 2025. Comcast's most recent expansion to
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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/
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SOURCE Comcast