Comcast® has stated that its recent rollouts of DOCSIS 3.1 and fiber networks to businesses will help them to obtain a significant portion of the ever-competing data market. Some of the major internet providers in the country currently dominate the data sector. Michael Cavanagh, CFO of Comcast® said, “The significant majority of [Comcast’s] business services revenue is centered on connectivity, and we have even more runway to increase share in our data product as we move to gigabit speeds throughout our footprint with the deployment of DOCSIS 3.1 and as we continue to push fiber deeper in our network.”
The CFO of Comcast® stated this to the investors while evaluating the third quarter earnings. It highlights that the broadband and fiber-based services such as Ethernet constitutes a major portion of the business revenues generated by the Telco. One of its key network service, the Comcast® Business Internet 1 Gbps is currently available in many the Mid-Atlantic, Northeastern, and Central regions of the country. The Telco announced that it would be available to the other parts of the country by the end of this year.
Comcast® is continuing with the expansion of its fiber network into more locations across the country. Besides its increasing network connectivity option, Comcast® has continued in extending its business services with the introduction of services such as SD-WAN and managed Wi-Fi. Previously, it has introduced its SD-WAN product alongside the 1 Gbps DOCSIS 3.1 broadband service intended for businesses. Focused on the Comcast® Business ActiveCore SDN platform, this SD-WAN service indicates the increasing efforts by the Telco into virtualization of its network.
Cavanagh said, “We continue to augment growth through business applications and services right on top of our core connectivity business. These include our voice, video surveillance and advanced Wi-Fi products, and additionally, as we grow into the midsized business and enterprise segments, our recently launched SD-WAN product and our managed enterprise solutions business will help unlock new opportunities to serve branch offices of larger multisite businesses.”
ActiveCore uses software to deliver the services and network changes rather than using single managed and customized hardware. The ActiveCore SDN platform has several features such as the embedded orchestration capability that can be used to deliver as well as manage multiple virtualized network functions. Meanwhile, Comcast® has attained rapid increase in its revenue in the third quarter earnings, with around 12.6 percent growth.