U.S. provider, Cox Communications is to make a multi-billion-dollar annual infrastructure investment over the coming years to build a 10-Gigabit capable fibre network.
Expanded FTTP, alongside enhancements to cable's broadband DOCSIS 4.0 technology will help Cox to deliver multi-Gigabit symmetrical speeds in the coming years to residential and business customers.
So far in the 10 years, Cox has invested more than $19bn in network and product upgrades as part of its efforts to ‘bridge the digital divide.’ The latest funding is to build on this and includes approximately $400m over the next three years to expand its footprint to reach more than 100,000 homes in underserved and rural communities near the provider’s existing footprint.
In addition, the company plans to reach more underserved communities by partnering with local cities and towns looking to leverage federal funding opportunities to address specific community objectives and help close the digital divide. Cox will also continue to work with local leaders to drive smart community development, using the latest technology to create smart traffic and parking management, public safety, smart utility management that benefit both city operators and citizens.
Mark Greatrex, president of Cox Communications said: ‘Connectivity is at the heart of everything we do. With new applications of technology from virtual reality classrooms to autonomous vehicles to the metaverse, people will require increased bandwidth to power their digital futures. Included in this investment is our commitment to bring robust and reliable services to underserved communities and to be the internet provider customers count on to make those valuable connections a reality.’