Latest news with #highspeedinternet
Trade Arabia
a day ago
- Business
- Trade Arabia
Zain Bahrain unit seals partnership with Orchid Developers
Zain Business, the B2B arm of leading telecom services operator Zain Bahrain, has signed a new agreement with Orchid Developers, one of the first developers to offer freehold commercial and residential projects in Bahrain. As per the deal, the duo will provide the tenants and residents of all Orchid Towers with ultra-high-speed internet, ensuring seamless connectivity and a superior digital experience. As part of this collaboration, Zain Business, leveraging its expertise in advanced fiber-optic and wireless internet access, will be the provider for residents of the new buildings. This partnership is part of Zain's strategy to accelerate digital transformation for enterprises, developers, and customers to drive innovation and growth across the Kingdom, it stated. Ali Mustafa, Chief of Business & Wholesale Officer at Zain Bahrain, said: "We are honoured to partner with Orchid Developers, to bring high-performance internet to their landmark projects." "This agreement reflects Zain Business's dedication to delivering innovative digital and technological solutions that enhance how people live and work. Zain Bahrain aims to set a new standard for high-rise buildings and properties with smart connectivity solutions across the Kingdom," he stated. Orchid Developers CEO Dr Bashar Ahmadi said: "Partnering with Zain Business ensures our residents and tenants enjoy cutting-edge connectivity, further elevating the premium experience Orchid Developers is known for." "We aim to integrate innovative, future-ready solutions into all our projects, enhancing convenience and value for our community," he stated.
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
The Verge
16-05-2025
- Business
- The Verge
Verizon's $20 billion Frontier acquisition wins FCC approval
Verizon's $20 billion deal to acquire the fiber internet provider Frontier is officially happening. On Friday, the Federal Communications Commission signed off on the merger, which will allow Verizon to 'upgrade and expand' Frontier's existing fiber networks. Verizon expects to bring fiber to 1 million homes each year following the acquisition. The deal went through after Verizon 'committed to ending DEI-related practices,' according to the FCC. Earlier this year, FCC Chair Brendan Carr criticized Verizon's 'lack of progress' on getting rid of policies related to DEI — or Diversity, Equity, and Inclusion — and suggested that the agency won't approve deals if companies keep these policies in place. T-Mobile similarly closed its acquisition of the fiber provider Lumos after tweaking mentions of DEI on its website. Through the merger, Verizon will also be able to claw back some of its fiber business after it sold parts of its wireline operations, including Fios fiber internet connections, to Frontier in 2015. Carr said the merger will allow fiber to come to more communities, including rural ones. BEAD, a Biden-era initiative, was supposed to pay fiber providers to bring high-speed internet to rural areas, but a report from The Washington Post suggests that the 'money isn't flowing.'
Bloomberg
16-05-2025
- Business
- Bloomberg
Verizon Wins FCC Approval for $9.6 Billion Frontier Acquisition
Verizon Communications Inc. won Federal Communications Commission approval for its $9.6 billion acquisition of Frontier Communications Parent Inc. after agreeing to agency demands to pare back diversity initiatives in line with President Donald Trump's policies. The deal 'will unleash billions of dollars in new infrastructure builds in communities across the country — including rural America,' FCC Chairman Brendan Carr said in a statement on Friday. 'This investment will accelerate the transition away from old, copper line networks to modern, high-speed ones.'
CBC
07-05-2025
- Business
- CBC
Bell pulls out of deal to bring high-speed Internet to northern Labrador
End of project means continued connectivity issues, Mushau Innu Nation chief says Bell Canada has pulled out of an agreement that would have brought high-speed Internet and cell service to the north coast of Labrador, citing ballooning costs and challenging geography. "We were pretty shocked, cause we were waiting for this to happen for a long time," John Nui, Mushuau Innu First Nation Chief, told CBC Radio's On the Go. "They said it wouldn't be viable to have it in our regions." The agreement, known as the Labrador North Wireless Broadband Project, was first announced in March 2022. It brought a $22-million investment from the federal government at the time for Bell to bring high-speed Internet to more than 1,000 households in Nain, Natuashish, Hopedale, Makkovik, Postville and Rigolet. A month before the announcement, the federal and provincial governments had announced $116-million of funding was available through the Universal Broadband Fund, with the province making $20-million available. Costs had grown by August 2023, which prompted the federal government to add an additional $10-million to its investment. In a news release on Tuesday, the Nunatsiavut Government says it had learned the cost to complete the project had ballooned to $110 million. "This decision is a significant setback for Labrador Inuit communities, as well as the Mushuau Innu First Nation," David Dicker Jr., minister of finance, human resources and information technology with the Nunatsiavut Government, told CBC Tuesday. "High-speed telecommunications are not a luxury, but rather, a necessity." CBC News asked Bell Canada for an interview. In an emailed statement, senior communications manager Geoff Higdon says a cost increase of 340 per cent over four years made the project unviable. "Due to unsustainable cost increases … and significant logistical hurdles presented by the challenging geography, Bell has made the difficult decision to withdraw from the planned fixed wireless network project," Higdon wrote. "Bell will ensure the conclusion of all ongoing project work and facilitate the transition in accordance with the agreement's terms." Nui says there doesn't seem to be a place where negotiations could resume, calling the deal "dead in the water." It hurts a region where connectivity is sorely needed, he says. "The cell service would have been very good, you know, because you can reach others when they're out of their homes. Right now, you can only reach us where there is wi-fi, and there [are] a lot of places that we don't, you know, have Internet service," Nui said. Nui added he hopes the parties involved can find other options to help bring a reliable Internet and cellular connection to northern Labrador in the future.
