Latest news with #GoNetspeed
Yahoo
23-05-2025
- Business
- Yahoo
GoNetspeed Celebrates Growing Footprint and 10th State
Newport, Rhode Island Slated for GoNetspeed's Multigigabit Network NEWPORT, R.I., May 23, 2025--(BUSINESS WIRE)--In partnership with the Rhode Island Commerce Corporation, GoNetspeed, the Northeast's largest independent fiber optic network builder, today celebrated GoNetspeed's planned expansion into Newport, Rhode Island. Marking GoNetspeed's first Rhode Island community, Newport also signifies a significant milestone for the company, as Rhode Island is the tenth state in GoNetspeed's growing footprint. The combined $13 million investment was made possible through a $9 million award from Rhode Island Commerce Corporation's Capital Projects Fund (CPF) with a $3.9 million match from GoNetspeed. This expansion will bring more than 8,200 homes and businesses throughout Newport access to high-speed, 100% fiber internet with speeds scaling up to two gigabits per second. "Rhode Islanders deserve access to fast, reliable internet," said Rhode Island Governor Dan McKee. "This investment is not just about connectivity; it's about strengthening our economy, supporting local businesses, and ensuring everyone can participate in today's digital world—key goals of our RI 2030 plan." "With ConnectRI, we're delivering targeted broadband solutions that make a real difference in the lives of residents and businesses," said Rhode Island Secretary of Commerce Liz Tanner. "These investments will help strengthen Rhode Island's infrastructure and keep us competitive." "GoNetspeed is continuing to elevate the quality of life in communities throughout the Northeast with access to 100% fiber internet, and we aren't slowing down. We are thrilled to celebrate Newport as the first Rhode Island community slated to gain access to our high-speed fiber-optic network," said Richard Clark, GoNetspeed President and CEO. "We are grateful for the support we have received from the Rhode Island Commerce Corporation, as they have made it possible for us to ensure that Rhode Island communities have the resources needed to thrive." Construction is expected to begin as early as fall of 2025, with the first customers expected to be connected by spring 2026. As construction begins this fall, homes and businesses will be connected neighborhood by neighborhood. The full construction process is expected to be complete by the end of 2026. Residents can visit to pre-order service and receive an exclusive pre-order offer, along with construction updates. GoNetspeed's expansion into Rhode Island underscores its commitment to bridging the digital divide and providing communities access to the latest technology. The company's 100% fiber-optic network is future-proof, capable of supporting the ever-increasing bandwidth demands of emerging technologies and applications. Recently, GoNetspeed unveiled a $250 million investment that will bring fiber-optic internet to 27 communities throughout Massachusetts. This significant investment follows continued network additions and expansions throughout New York and Connecticut, and most recently, full network upgrades in four Vermont communities. The privately funded company continues to scale, bringing access to 100% internet throughout the Northeast. About the Capital Projects Fund This initial investment from the state CPF is part of a larger effort by Rhode Island Commerce Corporation's ConnectRI program to connect all remaining unserved and underserved locations – meaning locations without access to 100/20Mbps service – across Rhode Island to affordable, reliable, high-speed internet. This project is being supported, in whole or in part, by federal award number CPFFN0169 awarded to the Rhode Island Commerce Corporation by the U.S. Department of the Treasury. About GoNetspeed: GoNetspeed, a high-speed fiber internet provider serving residential and business customers in Maine, Alabama, Connecticut, Massachusetts, Missouri, New York, Pennsylvania, Vermont, and West Virginia, formed a partnership with Oak Hill Capital ("Oak Hill") in January 2021, allowing GoNetspeed to accelerate the expansion of its fiber network throughout the Northeastern U.S. Adding thousands of new service areas every year, GoNetspeed is one of the largest independent internet providers in the Northeast. For more information about GoNetspeed, or to inquire about service in your residence, business or community, visit View source version on Contacts Media Contact: Katie Bartholomai502.821.6784Katie@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
23-05-2025
- Business
- Business Wire
GoNetspeed Celebrates Growing Footprint and 10 th State
NEWPORT, R.I.--(BUSINESS WIRE)--In partnership with the Rhode Island Commerce Corporation, GoNetspeed, the Northeast's largest independent fiber optic network builder, today celebrated GoNetspeed's planned expansion into Newport, Rhode Island. Marking GoNetspeed's first Rhode Island community, Newport also signifies a significant milestone for the company, as Rhode Island is the tenth state in GoNetspeed's growing footprint. The combined $13 million investment was made possible through a $9 million award from Rhode Island Commerce Corporation's Capital Projects Fund (CPF) with a $3.9 million match from GoNetspeed. This expansion will bring more than 8,200 homes and businesses throughout Newport access to high-speed, 100% fiber internet with speeds scaling up to two gigabits per second. 'Rhode Islanders deserve access to fast, reliable internet,' said Rhode Island Governor Dan McKee. 'This investment is not just about connectivity; it's about strengthening our economy, supporting local businesses, and ensuring everyone can participate in today's digital world—key goals of our RI 2030 plan.' 'With ConnectRI, we're delivering targeted broadband solutions that make a real difference in the lives of residents and businesses,' said Rhode Island Secretary of Commerce Liz Tanner. 'These investments will help strengthen Rhode Island's infrastructure and keep us competitive.' 'GoNetspeed is continuing to elevate the quality of life in communities throughout the Northeast with access to 100% fiber internet, and we aren't slowing down. We are thrilled to celebrate Newport as the first Rhode Island community slated to gain access to our high-speed fiber-optic network,' said Richard Clark, GoNetspeed President and CEO. 'We are grateful for the support we have received from the Rhode Island Commerce Corporation, as they have made it possible for us to ensure that Rhode Island communities have the resources needed to thrive.' Construction is expected to begin as early as fall of 2025, with the first customers expected to be connected by spring 2026. As construction begins this fall, homes and businesses will be connected neighborhood by neighborhood. The full construction process is expected to be complete by the end of 2026. Residents can visit to pre-order service and receive an exclusive pre-order offer, along with construction updates. GoNetspeed's expansion into Rhode Island underscores its commitment to bridging the digital divide and providing communities access to the latest technology. The company's 100% fiber-optic network is future-proof, capable of supporting the ever-increasing bandwidth demands of emerging technologies and applications. Recently, GoNetspeed unveiled a $250 million investment that will bring fiber-optic internet to 27 communities throughout Massachusetts. This significant investment follows continued network additions and expansions throughout New York and Connecticut, and most recently, full network upgrades in four Vermont communities. The privately funded company continues to scale, bringing access to 100% internet throughout the Northeast. About the Capital Projects Fund This initial investment from the state CPF is part of a larger effort by Rhode Island Commerce Corporation's ConnectRI program to connect all remaining unserved and underserved locations – meaning locations without access to 100/20Mbps service – across Rhode Island to affordable, reliable, high-speed internet. This project is being supported, in whole or in part, by federal award number CPFFN0169 awarded to the Rhode Island Commerce Corporation by the U.S. Department of the Treasury. About GoNetspeed: GoNetspeed, a high-speed fiber internet provider serving residential and business customers in Maine, Alabama, Connecticut, Massachusetts, Missouri, New York, Pennsylvania, Vermont, and West Virginia, formed a partnership with Oak Hill Capital ('Oak Hill') in January 2021, allowing GoNetspeed to accelerate the expansion of its fiber network throughout the Northeastern U.S. Adding thousands of new service areas every year, GoNetspeed is one of the largest independent internet providers in the Northeast. For more information about GoNetspeed, or to inquire about service in your residence, business or community, visit
Business Wire
07-05-2025
- Business
- Business Wire
GoNetspeed Poised to Make $250M Massachusetts Investment; Amplifying Need for One Touch Make Ready
BOSTON--(BUSINESS WIRE)--GoNetspeed, the Northeast's largest independent fiber optic network builder, today announced it is poised to invest more than $250 million to deliver fiber optic internet to dozens of communities throughout Massachusetts. The investment would represent the company's largest combined investment to date to bring at least 27 communities, including Haverhill, Beverly, Salem, Quincy, Yarmouth, Barnstable and many others, direct access to a future-proof infrastructure. The potential benefit of this type of investment underlines the state's dire need for a streamlined pole process in Massachusetts. GoNetspeed yesterday testified at the Commonwealth's Joint Committee on Telecommunications, Utilities, and Energy in support of H.3546 and S.2285. These bills would establish standards for the pole attachment process for the construction of broadband networks utilizing One Touch Make Ready (OTMR). OTMR has been adopted and is in use in Maine, Rhode Island, Connecticut, New York, Vermont, and New Hampshire. Allowing its use in Massachusetts would ensure that GoNetspeed is able to deploy service to the 27 planned Massachusetts communities at a quicker and more confident rate. 'Streamlining the permitting process will allow a majority of the Commonwealth to experience high-speed internet, more provider choice, and better pricing— something that is lacking in far too many communities throughout the state,' said Richard Clark, GoNetspeed President and CEO. 'With OTMR in place, we stand ready to accelerate our construction in Massachusetts.' 'We have worked diligently to ensure that more communities throughout the Commonwealth are able to join neighboring Northeastern states in having broad access to a high-speed internet provider and more competition,' said David Allen, GoNetspeed Senior Vice President Network Operations. 'A more efficient pole attachment process will be the key component to ensuring that we are able to build our network faster and more predictably, all while bringing more opportunity to the state.' An improved pole attachment process, like OTMR, is vital to ensuring that underserved areas are able to benefit from broadband development. If Massachusetts is to successfully address the digital divide that has been created, regulations must be updated to expedite pole access, outline reasonable make-ready cost limitations and appropriate allocation of costs, and determine the promotion of construction techniques that maximize the use of existing infrastructure. Currently, consumers and businesses in much of the Commonwealth lack provider choice and are left with steep pricing and slow speeds. Without an improved process, the state could lose millions in broadband funding. Massachusetts now has the opportunity to improve the current state of broadband access, unlocking a path that welcomes competition and supports policy goals outlined by the state. 'We urge the Massachusetts legislature to prioritize broadband access,' said Clark. 'This is a common-sense solution that will help to close the digital divide.' Throughout Massachusetts, GoNetspeed currently serves Amherst, Easthampton, Granby, Ludlow, and Springfield, and in the coming months, more communities throughout the Commonwealth will gain access to GoNetspeed's service. With a legacy of innovation and a commitment to customer service, GoNetspeed is continuing to accelerate the expansion of its fiber networks throughout nine states, including Massachusetts. GoNetspeed continues to deliver more fiber, more access, more speed, and increased reliability to residents and businesses throughout its footprint. With access to 100% fiber internet, customers have access to symmetrical upload and download speeds, ranging from 500 Mbps to 2 Gbps. Learn more about GoNetspeed at About GoNetspeed: GoNetspeed, a high-speed fiber internet provider serving residential and business customers in Maine, Alabama, Connecticut, Massachusetts, Missouri, New York, Pennsylvania, Vermont, and West Virginia, formed a partnership with Oak Hill Capital ('Oak Hill') in January 2021, allowing GoNetspeed to accelerate the expansion of its fiber network throughout the Northeastern U.S. Adding thousands of new service areas every year, GoNetspeed is one of the largest independent internet providers in the Northeast. For more information about GoNetspeed, or to inquire about service in your residence, business or community, visit
Associated Press
12-03-2025
- Business
- Associated Press
GoNetspeed Completes Bethel Construction Connecting Residents, Businesses to 100% Fiber Internet
BETHEL, Conn.--(BUSINESS WIRE)--Mar 12, 2025-- GoNetspeed today announced that the Town of Bethel's first residents and businesses now have access to GoNetspeed's high-speed 100% fiber internet with construction of the network now complete. Through GoNetspeed's privately funded $1.6 million investment in Bethel, more than 3,065 locations now have access to future-proof fiber internet. Residents and businesses interested in GoNetspeed services may visit to order service. 'Gaining another provider option will propel our community forward, improving competition, pricing, and overall quality of service,' said Dan Carter, Town of Bethel First Selectman. 'GoNetspeed's investment in our community, has equipped us with access to 100% fiber internet that will support our continued economic development.' 'As we start serving another community in Connecticut, we're excited to give more homes access to fast, symmetrical upload and download speeds,' said Tom Perrone, GoNetspeed Chief Operating Officer. 'We are thankful for the support we've received and know that our 100% fiber-optic network will grow with the community's needs, giving the best online experience.' GoNetspeed continues to ensure that more communities throughout Connecticut have access to a high-speed 100% fiber internet infrastructure. Currently, more than 40 communities throughout the state have access to GoNetspeed's service, along with many communities that are well on their way to having access to GoNetspeed's fiber internet. With a legacy of innovation and a commitment to customer service, GoNetspeed is continuing to accelerate the expansion of its fiber networks throughout nine states, including Connecticut. GoNetspeed continues to deliver more fiber, more access, more speed, and better reliability to residents and businesses throughout our footprint. With access to 100% fiber internet, customers have access to symmetrical upload and download speeds, ranging from 500 Mbps to 1 Gbps (1,000 Mbps). Learn more about GoNetspeed at GoNetspeed, a high-speed fiber internet provider serving residential and business customers in Maine, Alabama, Connecticut, Massachusetts, Missouri, New York, Pennsylvania, Vermont, and West Virginia, formed a partnership with Oak Hill Capital ('Oak Hill') in January 2021, allowing GoNetspeed to accelerate the expansion of its fiber network throughout the Northeastern U.S. Adding thousands of new service areas every year, GoNetspeed is one of the largest independent internet providers in the east. For more information about GoNetspeed, or to inquire about service in your residence, business or community, visit Katherine Yochum 502.963.8409 SOURCE: GoNetspeed Copyright Business Wire 2025. PUB: 03/12/2025 10:01 AM/DISC: 03/12/2025 10:02 AM
Associated Press
10-02-2025
- Business
- Associated Press
GoNetspeed Kicks Off Construction to Bring Springfield 100% Fiber Internet
GoNetspeed today announced that construction has begun to bring 17,400 homes and businesses throughout Springfield access to 100% fiber internet. Through GoNetspeed's fully funded $8.3 million investment, homes and businesses will have the opportunity to tap into 100% fiber internet with access to multi-gigabit speeds as early as this spring. 'As we bring fiber-optic internet to Springfield, we're giving the community more choices for internet providers and offering a fast, top-quality service that will improve connectivity,' said Richard Clark, President & CEO of GoNetspeed. 'By connecting the Springfield market, we're helping the community move forward — something that many areas of Central and Western Massachusetts don't have. We're excited to start serving Springfield and hope to bring internet access to many more nearby communities soon.' As construction expands throughout the area, the first customers will be eligible for service installation by this spring. Upon the completion of the network, thousands will have access to GoNetspeed's symmetrical fiber internet speeds, allowing customers to upload just as fast as they can download. Residents and businesses eager to experience the next level of internet connectivity can now sign up at to unlock exclusive offers and secure priority installation when service arrives in their area! Fiber-optic internet equips communities with cutting-edge internet service, fostering community growth, competition, and economic development. With access to 100% fiber internet, Springfield will soon be powered by faster speeds and better reliability, positioning the community for a successful future online. With a legacy of innovation and a commitment to customer service, GoNetspeed is excited to accelerate the expansion of fiber networks throughout nine states, including Massachusetts. GoNetspeed continues to deliver more fiber, more access, more speed, and better reliability to residents and businesses throughout our footprint. With access to 100% fiber internet, customers have access to symmetrical upload and download speeds, ranging from 500 Mbps to two gigabits. Learn more about GoNetspeed at GoNetspeed, a high-speed 100% fiber internet provider serving residential and business customers in Maine, Alabama, Connecticut, Massachusetts, Missouri, New York, Pennsylvania, Vermont, and West Virginia, formed a partnership with Oak Hill Capital ('Oak Hill') in January 2021, allowing GoNetspeed to accelerate the expansion of its fiber network throughout the Northeastern U.S. Adding thousands of new service areas every year, GoNetspeed is one of the largest independent internet providers in the east. For more information about GoNetspeed, or to inquire about service in your residence, business or community, visit Katherine Yochum 502.963.8409 SOURCE: GoNetspeed Copyright Business Wire 2025. PUB: 02/10/2025 10:02 AM/DISC: 02/10/2025 10:02 AM
