Cable ONE, which is serving nearly 700,000 customers in 19 states with Internet, cable television, and telephone service, will invest $67 million in 2015 on network upgrades and enhancements in the U.S.
The investment plan will facilitate the broadband player to launch 1 Gigabit service to residential customers in the U.S. next month.
“Our continued investment in improving and expanding our network enables us to deliver the fastest, most reliable internet connections at the best value and allows us to continue on our roadmap to offering gigabit speeds to our residential customers,” said Joe Felbab, vice president of Marketing for Cable ONE.
Video streaming company Netflix has ranked Cable ONE as one of the top ISPs for delivering the best Netflix experience to customers. Internet search engine major Google has rated Cable ONE’s High Speed Internet “YouTube HD Verified” for providing consistent and stable HD (720p) streaming without interruption or buffering.
As a result of the Capex plan, Cable ONE will double downstream speeds for new and existing residential high speed Internet customers in more than 90 percent of its markets beginning October 2015.
The company will double speeds on the following services: the Streaming 50Mbps plan will double to 100Mbps; the 75Mbps Premier plan will double to 150Mbps; and the 100Mbps Ultra Plan will double to 200Mbps.
The price of 100Mbps speed broadband will be $35 per month for the first three months of service beginning in October 2015.