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Comcast (CMCSA) Pushes Private Wireless Into The Office Market
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On August 6, Comcast (NASDAQ:CMCSA) Business announced a private wireless deployment at the Annapolis headquarters of Smartlink, a national digital infrastructure firm, combining carrier-grade Neutral Host cellular coverage with a dedicated CBRS private network in one managed platform.
It is a small deal in dollar terms, but it points to where Comcast wants growth to come from next: enterprise connectivity rather than residential cable.
Comcast Business now delivers cellular coverage and a private network for cameras, access control, and occupancy sensors through a single platform built on licensed CBRS spectrum.
Following the separation of Versant Media Group, management has also sharpened its focus toward the Content and Experiences segments, spanning film, television, and theme parks, giving the enterprise wireless buildout room to grow alongside a leaner core.
Where This Leaves InvestorsComcast is trying to build a new growth engine in enterprise wireless while its legacy broadband business keeps losing subscribers to fiber and fixed wireless rivals.