Altice USA (NYSE: ATUS) says design and construction of its fiber to the home (FTTH) network to reach hundred thousand homes in parts of New York, New Jersey, and Connecticut have begun. According to the company, its network is on track to reach 1 million homes in 2018.
Altice USA says it is the first U.S. cable provider to plan for a large-scale FTTH network deployment (see "Altice USA to emphasize FTTH, not DOCSIS 3.1"). According to the company, the FTTH network will enable a connected home, business, and community that provides an improved customer experience.
"We are incredibly pleased with the progress we are making on our fiber investment and look forward to lighting up this new, advanced network to enable innovative products and services to support our customers' connectivity needs well into the future," said Dexter Goei, Altice USA chairman and CEO.
In addition to its fiber investment, Altice USA combined its Lightpath, Optimum Business, and Suddenlink Business brands last month to form the Altice Business unit (see "Altice USA forms Altice Business unit"), becoming a provider of data, voice, video, and managed services for business customers.
Altice USA recently launched gigabit service in seven cities across Missouri, Arkansas, Oklahoma, and other states as part of its efforts to extend 1-Gbps broadband service to more than 60 percent of its Suddenlink footprint, says the company. Altice USA also provides broadband speeds of up to 450 Mbps for business customers and 400 Mbps for residential customers, which is more than triple its Optimum footprint internet speeds.
The company says it will continue rolling out enhanced services to customers via its existing hybrid fiber/coax (HFC) network, and plans to provide speeds that meet consumers' future demands.
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