Across the country, there’s a growing understanding that “high-speed Internet…is not just a want, it is a need,” as Huntsville, Alabama business relations officer Harrison Diamond recently explained. Despite recent news that Google Fiber would be rolling-back it’s expansion of ultra-fast Internet, new and traditional providers of Internet service are readily picking up the paces on bringing their high-speed broadband offerings to market.
Altice USA, the fourth largest Cable company in America following its acquisition of Cablevision/Optimum and Suddenlink earlier this year, today announced a new fiber-to-home network that will offer broadband speeds of up to 10 Gbps (gigabits per second) to residential addresses located within its service territory. According to recent analysis by Speedtest, “[t]he typical fixed broadband consumer in the U.S. saw average download speeds greater than 50 Mbps for the first time ever during the first six months of 2016, topping out at 54.97 Mbps in June.” Major internet service providers currently offer home broadband with download speeds ranging from 40 to 126 Mbps (megabits per second), according to the Speedtest report. For context, 1 Gbps = 1,000 Mbps.
With its announcement, Altice is blazing new trails in the broadband speed race. The company is leveraging new technologies developed by Altice Labs to embed fiber capability into its existing network, creating a hybrid-fiber coax network.
“Across the globe Altice has invested heavily in building state-of-the-art fiber-optic networks, and we are pleased to bring our expertise stateside to drive fiber deeper into our infrastructure for the benefit of our U.S. Optimum and Suddenlink customers,” said Dexter Goei, Altice USA Chairman and Chief Executive Officer. “Today, we have a best-in-class network with incredibly fast speeds and quality service, and by taking immediate steps to create the fastest next-generation network, we will be positioned to support our customers’ needs well into the future. Altice USA’s ‘Generation GigaSpeed’ underscores our promise to accelerate investment in our network, sets the foundation for the delivery of next-generation services and enhancements for our customers, and is a testimony to the bright future of the U.S. telecommunications industry.”
Bringing lightening fast speeds to its customers is expected to take roughly five years, beginning in 2017. Altice anticipates being able to offer its customers a more energy efficient, better functioning and more robust network once the rollout is complete.
This is not the first such high-speed move Altice has made since its acquisitions earlier this year. In accordance with conditions from the Federal Communications Commission that it increase average internet speeds incident to its mergers, Altice tripled speeds to residential and business customers by offering service up to 300 Mbps and 350 Mbps, respectively. The company has already begun rolling out 1 Gbps broadband to almost half of its previously acquired Suddenlink territory. “We commend Altice for investing in the infrastructure to offer fiber to homes in their footprint,” said Kim Keenan, President & CEO of the Multicultural Media, Telecom & Internet Council. “This means a faster, better connection to a digital world and more jobs for Americans. This is a big win for everyone.”