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Comcast: Business services is sweet spot in Time Warner Cable deal

02
Apr
2014

Selling Internet and phone service to businesses is hardly the sexiest part of the cable industry, but it has got a definite allure for the architects of the $45.2 billion merger of Comcast and Time Warner Cable. The two companies sales to businesses of broadband Internet, voice lines and network services already total more than $5 billion, with the growth rate of 20 percent or more expected to be kept up at both the companies business units. If the merger is approved, the two companies networks will run through 23 of the 25 largest cities – including New York, Los Angeles, Chicago, San Francisco and Dallas – giving the merged company a reach that rivals ATT and Verizon in the $60 billion market for core telecom services such as Internet access and voice services, according to IDC. The push to grab more business clients also reflects how cable companies are searching for new growth avenues as their traditional business, selling TV services to residential clients, matures.

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