Hot on the heels of the news that Google will be pushing out a 1 Gbps fiber network in Kansas and Missouri, Time Warner Cable has revealed their own plans for similar output in New York City. However, unlike Google, Time Warner’s network is geared towards businesses within the Brooklyn and Manhattan area.
The investment will cost Time Warner around $25 million and will serve to expand the company’s fiber network within the city, giving businesses a faster and better connection. The announcement comes one year after Time Warner Internet struck a deal with the City of New York which was a franchise that stated the media company would fulfill the commitment which is now coming to fruition.
New York’s business center has undergone much revitalization in recent years, and this move to a 1 gigabit per second speed will ensure that businesses have the best possible high speed Internet connections, even those with large data expenditures.
The city will also benefit from free Time Warner Internet as the company also announced the opening of its second learning lab, which provides free public access to high speed Internet.
The news coming from Time Warner further signals the moves the City of New York is making with Internet providers to improve connections. Cablevision Systems, AT&T, and Verizon also have deals with the city to work side by side to provide a better service and increase broadband performance on both fiber and Wi Fi.
As of yet, Time Warner has not revealed what costs the new fiber lines will incur for businesses, so tech firms and any other companies with high data needs will have to wait to see what they will be paying.
The announcement by Time Warner follows closely behind that of Google, who introduced their own plans for a fiber network just last month. However, unlike the Time Warner pitch, the Google service is geared towards individual customers, who will be charged $70 a month for 1 Gbps high speed Internet.