Comcast has announced that it is buying Chicago area voice and data services provider Cimco Communications. Cimco provides both hosted VoIP services as well as IP trunking for the enterprise and small businesses in the Chicago area. Launched in 2006, Comcast's commercial services efforts have been focused mainly on small business needs, and the purchase of Cimco accelerates its move into the mid-tier IP communications market.
According to Cable Digital News, the move may signal further acquisitions in Comcast's strategy to serve more of the mid-tier market. Comcast has estimated a $30 billion market opportunity for small- and mid-tier business services.
For more:
- read this article in Cable Digital News
- read FierceTelecom's take on the Cimco purchase here
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