Comcast Completes GlobalCom Buy

Publish date:

Wayne, Pa. -- Comcast Corp. said last week that it had
completed its acquisition of GlobalCom Telecommunications Inc., a regional long-distance
provider located near Comcast's Philadelphia base.

Financial terms were not disclosed. The planned transaction
was reported by Multichannel News in September.

Comcast said GlobalCom will operate as Comcast
Telecommunications Inc., and it will manage other Comcast services for business customers,
including business-telephone equipment, cellular, private-communications networks and
commercial Internet service.