Comcast Ventures, the corporate venturing division of US-based cable and telecommunications corporation Comcast, has launched an additional portfolio company known as CTI Towers.
Comcast Ventures was formed in May when Comcast’s previous corporate venturing unit, Comcast Interactive Capital, merged with NBC Universal’s Peacock Equity Fund as part of Comcast’s acquisition of the media conglomerate.
CTI Towers will operate about 800 telecommunications towers already owned by Comcast subsidiaries throughout the US, leasing space to wireless internet operators and other…
