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Comcast Business Closes Nitel Acquisition
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PHILADELPHIA--(BUSINESS WIRE)--Comcast Business today announced it has completed its acquisition of Nitel, a U.S. managed services provider headquartered in Chicago, from international private equity firm Cinven. The acquisition expands Comcast Business’ presence in connectivity, secure networking solutions and advanced technology, and enhances Comcast’s ability to serve enterprise clients.This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250401551374/en/“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, 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 has deep expertise providing integrated m
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