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Time Warner cable business will invest $25 million on 1 Gbps fiber network in NYC business areas.

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Leading cable and internet provider Time Warner Cable has announced on August 28 that it is planning to invest $25 million to expand its fiber broadband network to businesses customers in New York City. The expanded fiber network will support offer 1Gbps bandwidth to customers.

Last year, Time Warner Cable signed an agreement with the New York city to improve high-speed internet access. But that agreement hasn’t been realized. But after this announcement, it is for sure that NY city is definitely going to have 1 Gbps fiber network.

The new fiber network will be built in Brooklyn and Manhattan. Time Warner will also build a second Time Warner Learning Lab in Brooklyn at the Navy Yard where people can use high-speed internet absolutely free.

Time Warner Cable will provide data speeds of up to 1 Gbps to data-heavy businesses.

Assemblyman Joseph R. Lentol said in a statement, “With all the technology start-ups emerging in Brooklyn, Time Warner Cable Business Class has made the right decision by investing in the expansion of the fiber optic network. Laying down this cutting-edge infrastructure will definitely attract more businesses to Brooklyn, and as result, create more jobs.”

Source : Businesswire
Thanks To : The Droid Guy

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  On August 29, 2012(1 year, 7 months ago.)

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