Cablevision, Comcast strike Ethernet deals
Cablevision's (NYSE: CVC) Lightpath subsidiary said it struck a deal to sell telecom services to a nursing home in the Bronx, while Comcast (Nasdaq: CMCSA) said it will supply its Ethernet solution to a data center in Philadelphia.
Lightpath said it designed a network for Kings Harbor Multicare Center that the 720-bed facility can use to offer remote access to digital patient records. The company said its fiber network was in place before Superstorm Sandy struck in October. While Kings Harbor lost electricity for one week after the storm, backup generators allowed the nursing home to communicate as needed, according to Lightpath.
Cablevision, Comcast and other cable MSOs continue to grow revenue from commercial services by supplying high-speed Internet and phone service to local hospitals, data centers and other businesses. One of Comcast's latest deals is with Philadelphia Technology Park, a data center located in the Philadelphia Navy Yard. Comcast said the agreement will allow businesses located in the navy yard to access its Ethernet solution.
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