In some metro fiber news, Comcast Business unveiled plans to spend a significant amount of resources in my own backyard. And when I say these are in my backyard, I mean they might actually have to dig in my backyard. The cable MSO's business connectivity division will be spending a total of $26M to expand its fiber footprint in Philadelphia and New Jersey over the next two years.
The first phase of the expansion will see new fiber builds in Center City Philadelphia, in Avenue of the States in Chester PA, the business districts of New Brunswick and Lakewood NJ, and to some 270 NJ Transit sites. The second phase will expand to the University of Pennsylvania area, Philadelphia's Food District, the former Bristol Meyers Squibb campus in Pennington NJ, new territory in Springfield NJ, and a major densification of the company's fiber in Cherry Hill, Mount Laurel, and Marlton NJ.
When complete Comcast Business will apply all that new fiber infrastructure to the service of the region's businesses. Comcast Business has been steadily building out deeper fiber across the broader Comcast MSO footprint over the years.
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