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Tag: FTTH

Gigabit Fiber Optic can Add $326 Billion to US GDP

Gigabit Fiber Optic advancing the quality of life and digital equity anywhere and everywhere. A new joint study by the Fiber Broadband Association (FBA) and RVA LLC, a market research and consulting firm, suggests that the United States can increase its Gross Domestic Product (GDP) by $326 billion through gigabit or higher rate fiber broadband … Continued

Brightspeed Raises $3.7 Billion for Fiber Optic Construction

Fierce Network reports that Brightspeed, which acquired Lumen Technologies’ copper assets in 20 markets, has received $3.7 billion in new financing for fiber optic construction. This financing comes from a consortium of bankers and other investors led by Brightspeed’s parent company Apollo Global Management. Apollo paid $7.5 billion to Brightspeed in 2022. Tom Maguire, CEO … Continued