NTS Communications has completed the buildout of a new Gigabit fiber network in Lubbock, Texas, enabling it to provide service to local business customers in serviceable areas, including the city's downtown business district.
Wave Broadband, an independent provider of 1 Gbps broadband services to communities in Washington and California, has raised $130 million in new capital. The company plans to use the new funds to expand its network into more cities within its existing footprint and launch a set of new residential and business services.
Comcast is not holding back its Gigabit broadband desires, announcing that it will bring its 2 Gbps broadband Gigabit Pro service to six new cities in the Midwest and Western parts of the United States.
AT&T has debuted its 1 Gbps fiber-to-the-premises (FTTP) service GigaPower in Nashville, Tenn., and surrounding communities where it will face off with Comcast and its faster 2 Gbps offering.
As CenturyLink looks to build its revenue back into profitability, R. Stewart Ewing, the carrier's executive vice president and chief financial officer, said that he sees three opportunities to add $140 million to $150 million to its profit in the second half of 2015.
CenturyLink has reached a new milestone with its symmetrical 1 Gbps fiber-to-the-business (FTTB) service, announcing it has extended the service to 115,000 additional business locations and into five new states.
Ting, the Sprint MVNO that's building its own 1 Gbps fiber-to-the-premises (FTTP) network in Charlottesville, Va., says it will offer symmetrical gigabit service this month to residential customers for $89 a month. It will also offer a basic service with uploads and downloads at 5 megabits per second for $19 a month.
Comcast isn't wasting any time responding to AT&T's recent move to bring services to the Chicago region, announcing that it will offer its 2 Gbps service to more than 2.4 million customers throughout several markets in the region this month.
Consolidated Communications says that while it's still very early days with its 1 Gbps fiber-to-the-home (FTTH) service rollout in Kansas City, the service is resonating with eligible users and it expects to see take rates continue to ramp throughout the rest of the year.
Comcast and Cox Communications are enhancing their Gbps broadband reach with plans to bring their services to multiple markets in the Midwest, Southeast and West. In doing so, they will increasingly do battle with traditional telcos like AT&T and CenturyLink, which are selectively moving into the fiber broadband game.