Some amazing things are happening in today’s world of technology. Mobile network speeds are getting faster, smartphones are getting faster and lighter, tablets are starting to overpower today’s consoles, and internet speeds are beginning to skyrocket. Time Warner Cable has announced on Tuesday that a $25 million investment to highly expand its fiber broadband network to business in New York City. Just New York City, seriously? Ah, well, maybe it’s just for “testing” purposes to make sure the rest of the country gets some stable high speed connections.
This new fiber network will be first be built in Brooklyn along with parts of Manhattan such as the Financial and Flatiron districts. Just lat year, Time Warner Cable and the city of New York had reached a agreement that Time Warner said it would be expanding its fiber network in areas of the state that don’t currently have access to the high speed connection.
This new service will offer internet speeds of up to 1 Gigabit per second, the company’s press release had said. Time Warner will be targeting companies that have some serious high data needs. You can imagine that design firms, technology companies, programming companies amongst some others will be among those targeted companies.
Some business in the newly revitalized Brooklyn Navy Yard are already seeing the pluses of an upgraded and fast fiber network from Time Warner Cable. The 300 acre building offers the first customers to this newly upgraded network. That said, Time Warner is also currently building a second Time Warner Learning Lab in Brooklyn at the Navy Yard. This new Lab with provide the public with free access to computers and high-speed Internet. The lab will be apart of the Navy Yard’s Employment Center.
These new upgrades to their network are frankly amazing. Time Warner’s motive to improve their network and expand fiber to parts of the city undeserved is actually part of a bigger plan to expand technology from the New York City Mayor, Michael Bloomberg. Bloomberg also has agreements with other companies like Verizon Communications and AT&T to vastly improve their broadband services via fiber and Wi-Fi. Man, these companies seriously need to start expanding their speeds elsewhere too.
AT&T already has a very fast Wi-Fi, and has already built numerous Wi-Fi hotspots for their customers in the New York City area. Not only that, but Verizon Wireless has also been starting to deploy its drool-worthy Fios fiber network to residents and businesses through the five boroughs of the city. This Fios fiber network could potentially bring up to 2.4 gigabits of downstream according to Wikipedia (while that isn’t a solid source, it does look very accurate in this case).
It’s interesting that this announcement has come from Time Warner since the technology giant, Google has started building its own fiber network in parts of Kansas City, Missouri and Kansas City, Kansas. Google only launched their new Google Fiber network last month, charging customers only $70 a month for 1Gbp/s downstream, 1GBp/s upstream, plus a whopping 1 terabyte of data storage (I may just have to move to Kansas).
Time Warner hasn’t announced the pricing on this new network as of yet. But, unlike Time Warner, Google’s new network service is geared towards both consumers and business users. Google’s decision to build the network came from an effort to encourage innovation when it came to broadband and to get broadband providers to increase speeds of their networks. We all know they have the capabilities to increase speeds, but the question is, why are only a few of them increasing speeds? I mean, Sweden is already ahead of us in network speeds. What’s up with that Internet providers?
“There is a bottleneck right now in residential access where people are only getting speeds of 5 Mbps,” Ken Lo, general manager for Google Access said in an interview that followed the launch of the Google Fiber network. Even though Lo hadn’t said it directly, it was implied that the Google Fiber network could be seen as a challenge to numerous other broadband providers and to what they have offered in the past. Challenges are good, it usually ends up in benefiting the consumer. I’m also %100 sure that especially in this case, it will benefit the consumer.
“The last time we doubled the speed of broadband a whole new market evolved and spurred tremendous growth in the Internet,” Lo said. “We don’t want incremental change. Offering you a 10 Mbps service and edging it to 50 Mbps and then 100 Mbps, that’s not what drives real innovation. We need to do something in a big way that will take a material step in performance.” When Lo said they needed to do something big, he wasn’t kidding. Going from 100Mbp/s to 1GBp/s is a huge leap in speeds.
I honestly think that it will be very interesting to see how this all plays out from now on. It’ll also be interesting to watch how Time Warner Cable will price their 1Gbp/service with Google starting to get their foothold in the market. It’ll be interesting to see if other parts of its network will get vastly upgraded to provide some blazing fast broadband services to residents throughout New York City. Or, of course, they could just leave them in the dust as Google and their Google Fiber network begins to take the country by storm.
What I find interesting is that no one has really bothered to head on over to Seattle where a lot of huge businesses are located to offer this service. Sure, New York has some big businesses to, and Seattle is arguably comparable. Whoever gets their first though, will most likely be racking in money by the truck load if a 1GBp/s internet service is offered.
Also, it’s interesting that Google is once again encouraging broadband providers to increase their network speeds. My question is, why does someone have to come out and do something amazing like 1GBp/s internet for other providers to come out of their shell and offer a similar speed? It probably all goes back to money, which is sad due to the potential speeds we have when it comes to Internet connections. These companies have millions of dollars at their disposal and $25 million really isn’t a whole lot to bring 1GBp/s speeds to larger businesses in a highly populated area. In fact, companies will make that money back very easily after they begin offering it to large businesses and even residents. It’s a huge chance to earning a whole lot more profit than what said company is currently earning.
I’m not fiber guru, but I honestly think that there is huge potential here that companies just aren’t looking at. Or, they are looking at it and deciding to wait until someone else makes a move to make sure its “safe” to head that way financially.
What are you thoughts on these new Internet speeds popping up? I really wish that they’d expand faster, especially Google Fiber. If Google Fiber were to come to a city near you, would you get it? Let us know in the comments below!