Cable One targets 200+ cities for 1-Gbps broadband in 2016

U.S. cable operator Cable One, Inc. (NYSE: CABO) has unveiled GigaONE, a new gigabit broadband service that it plans to offer to more than 200 cities and towns next year.

Cable One says it has invested more than a half billion dollars over the past five years on network upgrades. It currently offers business services gigabit speeds via its fiber-optic network. It now plans to do the same for residential customers via its existing hybrid fiber/coax plant beginning in the first quarter of 2016.

Altus and Duncan, OK; Borger, TX; Emporia, KS; Bisbee and Cottonwood, AZ; and McCall, ID, will be the first markets Cable One plans to target.

"Cable One will be the first provider in the majority of our markets to offer gigabit speeds to residential customers," said Joe Felbab, vice president of marketing for the service provider. "Unlike many of our competitors, gigabit service will be available to all of our customers – not just a select few in certain areas. We've been committed for decades to serving smaller cities and towns, and we are delighted to provide them with the latest technology to make them gig cities in 2016."

Cable One serves nearly 700,000 customers in 19 states.

“Our extensive fiber network deployment and continued investment in improving and expanding our network enables us to offer the fastest, most reliable Internet connections at the best value, while contributing to the economic development of the communities we serve,” Felbab said.

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