Mediacom To Extend Its 1 Gbps Fiber Network
Mediacom plans to spend $1 billion over the next three years on a variety of projects, including upgrades and expansion of its broadband network, it said in a news release Monday. Under its Project Gigabit, Mediacom said it plans to…
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deploy a 1 Gbps broadband network "to virtually all" of the 3 million homes and businesses in its 22-state footprint. The first Project Gigabit communities should be online by Q4, it said. Mediacom also said it will use the $1 billion to expand its high-capacity network in downtown areas and commercial districts, its Wi-Fi access points in high-traffic commercial and public areas, and its residential video, Internet and phone network by a minimum of 50,000 additional homes. In a statement, Mediacom CEO Rocco Commisso said it "decided to accelerate our capital spending over the next 3 years because our Company wants to be the engine that drives economic growth and development for businesses and residents in the communities we serve.”