Comcast to offer 1 Gig service to entrepreneurs in Minneapolis

Comcast (Nasdaq: CMCSA) is going after the growing co-working space movement by providing 1 Gig service to entrepreneurs working at CoCo, a co-working and collaborative space for the entrepreneurial community at two sites in Minneapolis.  

The partnership will provide CoCo members with access to 1-Gig service that was previously only available to bigger companies. CoCo has about 500 members in three locations in the Minneapolis area.

Ever since Google (Nasdaq: GOOG) launched its Google Fiber 1 Gbps fiber to the home (FTTH) initiative other service providers have been scrambling to match the offering and provide services to enterprises and small businesses.  

Comcast didn't reveal what it was charging CoCo for the service, however Google Fiber has set its price point at $70 per month, which is disrupting the ecosystem and causing competitors to reduce their pricing.

For more:
- see this TelecomPaper article

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