PHILADELPHIA, PA — Comcast Business has announced the completion of its acquisition of Nitel, a managed services provider based in Chicago. The move significantly expands Comcast Business’ reach in secure networking and connectivity solutions, reinforcing its ability to cater to enterprise clients across industries.
“The completion of the Nitel acquisition is a significant milestone for Comcast Business. It strengthens our ability to deliver advanced, reliable connectivity solutions and enhances our channel distribution strategy,” said Edward Zimmermann, President of Comcast Business. “By combining these two great teams, we are poised to offer even more robust network, cloud, and cybersecurity solutions, empowering enterprises of all sizes.”
Nitel, recognized for its expertise in managed network and security services, currently serves over 6,600 clients, with a focus on mid-size enterprises in sectors like healthcare, financial services, and education. Its addition to Comcast Business’ portfolio broadens the company’s capacity to deliver high-performance networking, cloud tools, and integrated cybersecurity solutions, helping clients manage their operations more efficiently and securely.
Margi Shaw, CEO of Nitel, expressed excitement for the future, stating, “Our team has always been committed to delivering exceptional service, and now, as part of Comcast Business, we will be able to accelerate innovation and provide even more cutting-edge solutions to our customers.”
Known as a Network-as-a-Service (NaaS) provider, Nitel specializes in offering flexible and customer-focused solutions that drive digital transformation for businesses. The acquisition positions Comcast Business to further its presence in key enterprise markets and bring enhanced value to its clients.
Financial terms of the deal were not disclosed.
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