New Comcast Biz Group to Target Fortune 1000

Sept. 16, 2015
Comcast (NASDAQ:CMCSA) Business announced the creation of an Enterprise Services unit that will target Fortune 1000 companies and ...
Natural foods outfit taps Comcast Biz Ethernet
Natural foods outfit taps Comcast Biz Ethernet

Comcast (NASDAQ:CMCSA) Business announced the creation of an Enterprise Services unit that will target Fortune 1000 companies and other large enterprises that have multiple locations nationwide. The new enterprise-level service and delivery organization will offer a portfolio of managed business services that includes broadband, Ethernet, voice, router, security, business continuity and WiFi. The company also acquired a managed services company and has signed network agreements with other cable operators to further support national accounts.

Comcast Business has already signed large customers from multiple industries, including financial services firms, banks, hospitality chains and retailers. Glenn Katz, former CEO of SpaceNet, will lead the new group within Comcast Business.

"We're committed to expanding and enhancing our offerings for businesses of all sizes, and having the expertise, tools and portfolio in place to deliver customized service packages to nationwide enterprises is a key part of our growth strategy," said Bill Stemper, president of Comcast Business, in a statement. "Large companies need a provider who can help them manage complex networks, develop business continuity plans and integrate cloud-based applications. Our entry into this segment of the market will introduce new innovation and choice."

Comcast's Enterprise Services team will design, build, implement and manage customized communications networks for large enterprise customers who need managed services in locations across the country. The new product portfolio will be branded "Managed Enterprise Solutions."

To help support national accounts, Comcast Business recently acquired Contingent Network Services, a national technology deployment and managed services company that helps enterprise customers outsource their day-to-day network operations. Contingent provides deployment and managed services to a number of national brands. The company will become a wholly owned subsidiary of Comcast Business and will continue to operate under the Contingent brand name.

About the Author

BTR Staff

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STEPHEN HARDY
Editorial Director and Associate Publisher
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KRISTINE COLLINS
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JEAN LAUTER
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