COMCAST CORP acquired Braintree Electric Light Department (BELD) broadband business, structured as Acquisition of broadband business; terms undisclosed.
Braintree Electric Light Department (BELD) broadband business operates in Comcast Cable (Greater Boston Region), is based in Braintree, Massachusetts, USA. Comcast closed on an agreement to acquire the broadband business of Braintree Electric Light Department (BELD) in Massachusetts, transitioning former BELD broadband customers to Comcast's Xfinity and Comcast Business services. The deal extended Comcast's residential and business internet offerings, including faster-than-Gig WiFi, to more consumers and businesses in the Greater Boston region.
Gives Comcast the opportunity to provide more consumers and businesses with Xfinity and Comcast Business products, including faster-than-Gig WiFi, in the Braintree area.
Advisory firms were not disclosed for this transaction.