Comcast, Harmonic Partner to Accelerate Fiber Broadband Expansion

Comcast Corporation (NASDAQ:CMCSA) is one of the best NASDAQ stocks to buy according to hedge funds. On September 29, Comcast and Harmonic Inc. (NASDAQ:HLIT) announced a partnership to expand fiber broadband access as Comcast continues to grow its network into new markets. Comcast’s expansion efforts are significant: in 2024, the company expanded its network to more than one million new locations, with plans for over 1.2 million new locations by the end of 2025.

Comcast is using Harmonic’s industry-leading cOS virtualized broadband platform and network edge devices to deliver multi-gigabit symmetrical broadband with low lag to both residential and commercial customers. The cOS platform provides Comcast with the flexibility to use fiber or extend its existing DOCSIS-based infrastructure, allowing for the rapid and cost-effective deployment of fiber-based services that seamlessly co-exist with coax-based offerings on the same platform.

The converged solution simplifies operations, reduces costs, and supports cost-effective fiber rollouts to rural communities, including those funded by BEAD projects. The key innovations being used include Harmonic’s virtual Broadband Network Gateway/vBNG and the Jetty Remote Switch with Fin Remote OLT in Harmonic’s Ripple DAA node.

Comcast Corporation (NASDAQ:CMCSA) is a media and technology company that operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments.

Harmonic Inc. (NASDAQ:HLIT) provides broadband access solutions worldwide. The company operates through Broadband and Video segments.

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Disclosure: None. This article is originally published at Insider Monkey.