SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Investing in Exponential Growth
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Paul H. Christiansen11/30/2016 3:13:48 PM
   of 1084
 
Altice Plans Fiber Upgrade That Could Leave Rivals in the Dust



Altice USA, the fourth-largest U.S. cable operator, said it plans to convert its entire network into an ultrafast fiber-to-the-home network capable of 10 gigabits-per-second speeds within the next five years, a plan that takes aim at the company’s fierce rival, Verizon Communications Inc.’s Fios.

With a 1 gbps connection, a customer can download a high-definition movie in about 30 to 40 seconds. A 10 gbps connection would download the movie in just a few seconds. With a 50 megabits-per-second Verizon Fios connection, it would take about 14 minutes.

Altice’s announcement marks the most ambitious fiber-to-the-home rollout yet from a major U.S. cable operator. The European telecom group earlier this year closed a deal to buy Cablevision Systems Corp., a longtime New York cable operator, and last year bought Suddenlink Communications, which serves customers in more rural markets. Altice USA has 4.6 million home and business customers in 20 states.

wsj.com

Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News