New York’s biggest cable company has been spending tens of millions of dollars on fiber optics, which it hopes will increase its broadband speeds.
But its competitors are already making it easier for customers to buy high-speed broadband.
In fact, there’s a growing demand for the technologies, said Tim Jost, the president of Comcast’s wireless division, which has invested more than $300 million in fiber optic products.
“We want to be a leader in broadband,” Jost said.
Comcast has been rolling out a handful of fiber-optic projects, including fiber optics that are more than 10 times faster than the company’s current network.
Comcast says its plans to use fiber optics for faster internet speeds are well-documented, but its competitors have been touting faster speeds for years.
In addition to fiber optic cables, Comcast has installed fiber optic towers that carry internet signals.
In a recent deal with the state of Nevada, the cable company bought 10 fiber-to-the-home towers.
Those will be used to distribute the fiber optic signal from its copper-wire network to the homes and businesses on its fiber network.
Customers will get faster internet, said Mark Reiss, Comcast’s chief technology officer.
“I’m happy to report that we’ve been able to accelerate our network deployment across the United States,” he said.
Reiss noted that Comcast is currently testing out fiber optic broadband at its Comcast headquarters in Washington, D.C. That’s an ambitious goal for a company that has spent billions of dollars developing the technology.
“It is not a stretch to say that we have the capability to go from a 1 Gbps connection to 1 terabit connection in just a few years,” Reiss said.
But many of those customers will be people with limited access to Internet.
Comcast is offering a free trial of the service, and it plans to provide service at speeds of 1 gigabit per second, which would give customers speeds of up to 5 megabits per second.
Reis said the company plans to build fiber optic networks around the world.
Comcast’s goal is to reach 50 percent of households by 2035, which is just over a decade from now.
He also said the companies goal is “to be able to offer customers as much access as they want,” including free broadband, if necessary.
“The more people we can reach out to, the more we can offer to them,” Reis added.