About This Deal

COMCAST CORP acquired Nitel for $1.3 billion total cash consideration, structured as cash.

Nitel operates in Business Services Connectivity. Network-as-a-service (NaaS) managed service provider; acquired in April 2025 for total cash consideration of $1.3 billion.

Enhanced Comcast Business's ability to serve and provide connectivity solutions to enterprise customers.

Deal Terms

Acquirer
COMCAST CORP
Target
Nitel
Value
$1.3 billion total cash consideration
Date
Not disclosed
Type
Acquisition
Status
Ready

Transaction Details

Segment
Business Services Connectivity
Structure
Cash

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: SEC filing ↗

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