Latest news with #fiberoptics
Associated Press
4 days ago
- Business
- Associated Press
Gateway Fiber Bringing New High-Speed Fiber Internet Service to Residents and Businesses in Fargo, ND
WRIGHT CITY, Mo.--(BUSINESS WIRE)--May 28, 2025-- High-speed internet provider Gateway Fiber is excited to announce its upcoming network expansion into Fargo, North Dakota, offering residents and businesses a fast and powerful new way to connect online. This expansion into Fargo marks the latest step in Gateway Fiber's mission to bridge the digital divide in the Upper Midwest, as it grows its service footprint from Minneapolis into eastern North Dakota. 'Having another excellent internet option available to our community is a big win for the future of our city,' said Fargo City Commissioner Dave Piepkorn. 'We are proud to work with Gateway Fiber to bring 100% fiber connectivity to our neighborhoods and businesses. This investment in our digital future will support economic growth, education, and quality of life for years to come.' Construction is set to begin in June, with Gateway Fiber teams working closely alongside city officials to ensure a smooth rollout. Residents and business owners will receive regular updates on construction timelines with neighborhood door hangers and emails and will be notified as service becomes available in their areas. Gateway Fiber's 100% fiber network delivers symmetrical multi-gig speeds, superior reliability, and scalable capacity to meet the growing connectivity demands of modern life. 'We are thrilled to bring our high-speed, 100% fiber-optic network to Fargo,' said Gateway Fiber Chief Customer Officer John Meyer, whose family has deep connections to the area. 'Our mission is to provide fast, reliable internet with straightforward pricing and industry-leading support. Fargo residents and businesses will soon enjoy the benefits of fiber technology, including enhanced remote work, online learning, streaming, and gaming—all with the bandwidth to power future innovations.' The company's commitment extends beyond speed to empowering residents, businesses, and school districts with seamless connectivity, advanced security features, and innovative tools like cloud-optimized Wi-Fi management. Gateway Fiber is building a stronger digital infrastructure that transforms lives and strengthens communities nationwide. In addition to the new Fargo network, Gateway Fiber has expanded over the last two years into the greater Minneapolis area with high-speed service to the suburbs of Blaine, Brooklyn Park, Champlin, Coon Rapids, Maple Grove, Plymouth, and Shoreview. Residents and businesses interested in Gateway Fiber services can visit to learn more, sign up, or receive construction updates. The company will hire salespeople, installation technicians, and customer support staff in the Fargo area. Are you looking for a career in fiber? Check out the Gateway Fiber career page: About Gateway Fiber Gateway Fiber is on a mission to positively impact communities through a better internet. As data requirements for residences and businesses continue to expand, Gateway is creating a leading, national fiber-to-the-home platform to serve this critical unmet need. Gateway provides faster, more reliable internet with a simple pricing model and industry-leading customer service. In February, Gateway Fiber announced a strategic merger with E-Rate leader WANRack and its residential subsidiary, KWIKOM Communications. The merger creates a more powerful, scalable organization with enhanced growth opportunities for its employees while expanding the combined organization's offerings to meet the diverse internet needs of commercial, small and medium-sized businesses (SMB), and enterprise clients. For more information, visit View source version on CONTACT: For more information, press only: David Workman PR & Communications Manager 314-265-8974 [email protected] KEYWORD: NORTH DAKOTA MISSOURI UNITED STATES NORTH AMERICA INDUSTRY KEYWORD: NETWORKS INTERNET HARDWARE TECHNOLOGY TELECOMMUNICATIONS SOURCE: Gateway Fiber Copyright Business Wire 2025. PUB: 05/28/2025 11:55 AM/DISC: 05/28/2025 11:53 AM
Associated Press
23-05-2025
- Business
- Associated Press
Trans-Caspian Cable Construction Reaches New Milestone
AzerTelecom and Kazakhtelecom Reach Key Milestone in Regional Connectivity Project Linking Asia and Europe Through the Caspian Sea BAKU, AZERBAIJAN, May 23, 2025 / / -- The Trans-Caspian Cable project—set to establish the first fiber-optic connection between Azerbaijan and Kazakhstan—has reached a significant construction milestone. AzerTelecom and Kazakhtelecom, the project owners, are pleased to announce the successful completion of the Desktop Study, a comprehensive pre-engineering assessment of the marine environment and proposed cable route. This achievement marks a strong and promising start to the upcoming submarine installation phase. The final Desktop Study report includes a detailed analysis of marine charts, seabed conditions, environmental factors, and potential route hazards. This foundational data will inform the next stages of the project, including the marine survey and cable route engineering. Technical supervision and advisory support are being provided by U.S.-based Pioneer Consulting, ensuring all milestones and deliverables align with global standards and industry best practices. As part of its role, Pioneer Consulting contributed to the Desktop Study by reviewing key design elements and offering expert recommendations, supporting the report's acceptance by AzerTelecom and Kazakhtelecom. This milestone confirms that the proposed fiber-optic route meets international engineering standards and adheres to stringent safety and quality benchmarks. Yusif Jabbarov, Chairman of NEQSOL Holding—owner of AzerTelecom, Azerbaijan's leading backbone internet provider—emphasized the project's broader impact and that it not only strengthens digital connectivity and technological advancement across the region but also opens a new chapter in regional economic cooperation. Jabbarov stated that 'This project is a key component of NEQSOL Holding's strategic Digital Silk Way initiative, which aims to build a sustainable digital future for the region. We are implementing cutting-edge, internationally recognized solutions to usher in a new era of faster, more reliable, and high-quality connectivity between Asia and Europe.' Nurlan Meirmanov, Chief Strategy and External Assets Officer at Kazakhtelecom, added: 'This year, we signed a contract for the construction of the Trans-Caspian fiber-optic cable across the Caspian Sea and reached our first major milestone—the completion of the Desktop Study. The next step is the marine route survey, and I'm pleased to report that all activities are progressing on schedule. At Kazakhtelecom, we've formed a dedicated implementation team focused solely on this unique and large-scale project.' Dave Marie, Project Manager and Director of Client Solutions at Pioneer Consulting, stated: 'Since January 2024, our team has supported the design and procurement of the Trans-Caspian submarine cable system. We are honored to collaborate with AzerTelecom and Kazakhtelecom to deliver this much-needed high-speed and reliable fiber-optic system to the region.' The Trans-Caspian Cable Line will span 380 km across the Caspian Sea, connecting Sumgait (Azerbaijan) and Aktau (Kazakhstan). With a transmission capacity of up to 400 terabits per second, it will form a high-speed, low-latency regional connectivity corridor. Construction is expected to be completed by the end of 2026. About AzerTelecom AzerTelecom is a leading telecommunications operator in Azerbaijan, providing wholesale, carrier-grade communications and digital services. It operates within the Azerconnect Group, part of NEQSOL Holding, and is rapidly expanding its presence in local, regional, and international markets by incorporating cutting-edge technologies and fostering sustainable growth in both society and the ICT sector. About Kazakhtelecom Kazakhtelecom JSC is Kazakhstan's largest telecommunications company, offering a full range of services including fixed-line and mobile telephony, internet access, television broadcasting, and data transmission. Established in 1994, the company plays a key role in the development of Kazakhstan's communications infrastructure and is recognized for its commitment to innovation and service quality. About Pioneer Consulting Pioneer Consulting brings decades of experience in submarine fiber-optic telecommunications systems. The firm provides expert counsel throughout the subsea cable installation process, offering technical and commercial insights and end-to-end project support. With over 160 completed projects spanning every ocean and seven continents, Pioneer Consulting is a trusted leader in the submarine telecom industry. Nazrin Gadimova NEQSOL Holding [email protected] Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
Bloomberg
22-05-2025
- Business
- Bloomberg
AT&T CEO: Lumen Deal Will Greatly Expand Fiber Access
AT&T CEO John Stankey discusses the company's plans to buy the consumer fiber operations of Lumen Technologies for $5.75 billion. Stankey joins Caroline Hyde and Ed Ludlow on "Bloomberg Technology." (Source: Bloomberg)
Yahoo
22-05-2025
- Business
- Yahoo
AT&T Buys Lumen's Consumer Fiber Business for $5.75 Billion
(Bloomberg) -- AT&T Inc. agreed to buy the consumer fiber operations of Lumen Technologies Inc. for $5.75 billion, expanding its fast broadband service in major cities like Denver and Las Vegas. Can Frank Gehry's 'Grand LA' Make Downtown Feel Like a Neighborhood? Chicago's O'Hare Airport Seeks Up to $4.3 Billion of Muni Debt NJ Transit Makes Deal With Engineers, Ending Three-Day Strike AT&T will pay cash for the unit of Lumen, according to a statement Wednesday. Talks between the companies were reported earlier by Bloomberg News. The sale is subject to regulatory approval and is expected to close in the first half of next year. The deal helps AT&T increase its long-term goal of putting its fiber-optic lines within reach of more homes and businesses. The Dallas-based wireless and broadband company now says it aims to reach 60 million locations by 2030, about double where AT&T Fiber is available today. Lumen had said earlier that the consumer fiber business didn't fit with its focus on serving enterprise customers. Lumen has 1 million fiber customers and reaches more than 4 million locations across 11 US states, AT&T said. Lumen shares gained about 17% in premarket trading on Thursday after previously closing at $3.81 in New York. AT&T was little changed. As part of the transaction, AT&T will form a new subsidiary that will hold the acquired assets. After closing, AT&T plans to sell partial ownership of the subsidiary to an equity partner that will co-invest in the business. AT&T expects to identify the partner and close a deal within about six to 12 months of completing the transaction with Lumen. AT&T said the structure will help support the expansion of AT&T Fiber outside of the phone giant's traditional landline operations. The company also reiterated its 2025 financial guidance. In 2022, AT&T announced a similar partnership with BlackRock Inc. called Gigapower LLC. Fiber and telecommunications have become a hotbed of dealmaking. Earlier this month, the US Federal Communications Commission approved the sale of Frontier Communications to Verizon Communications Inc. Frontier had billed itself as the 'largest pure-play fiber internet company in the US.' On May 16, Charter Communications Inc. agreed to combine with closely held Cox Communications in a $34.5 billion cash-and-stock deal that would unite two of the biggest US cable providers. The combined company would be the top broadband operator in the US, and increase Charter's subscriber base by more than 20%, Bloomberg Intelligence analyst Geetha Ranganathan said at the time. (Updates we premarket share moves in fifth paragraph) Why Apple Still Hasn't Cracked AI Inside the First Stargate AI Data Center Anthropic Is Trying to Win the AI Race Without Losing Its Soul Microsoft's CEO on How AI Will Remake Every Company, Including His Cartoon Network's Last Gasp ©2025 Bloomberg L.P. Sign in to access your portfolio
Bloomberg
21-05-2025
- Business
- Bloomberg
AT&T Buys Lumen's Consumer Fiber Business for $5.75 Billion
AT&T Inc. agreed to buy the consumer fiber operations of Lumen Technologies Inc. for $5.75 billion, expanding its fast broadband service in major cities like Denver and Las Vegas. AT&T will pay cash for the unit of Lumen, according to a statement Wednesday. Talks between the companies were reported earlier by Bloomberg News. The sale is subject to regulatory approval and is expected to close in the first half of next year.
