Bell Aliant (Toronto: BA-UN.TO) continues to make good on its Fiber to the Home (FTTH) service ambitions, and its extension of its ‘FibreOP' service to Prince Edward Island is certainly an example of that trend.
Funded by a $19.4 million investment program, Bell Aliant will connect 30,000 homes and businesses in Charlottetown and Summerside. The FibreOP service will be first launched first in Charlottetown in early Spring 2011, followed by Summerside in mid-2011.
In addition, the Government of Prince Edward Island will provide $300,000 in Labour Market Development funding for workforce training under the Canada-Prince Edward Island Labour Market Agreement, and is renewing its strategic partnership with Bell Aliant with a three-year extension of its existing service agreement.
Expecting that the bulk of its growth will come from broadband services over the next five years, this latest FTTH network investment in PEI is part of Bell Aliant's $350 million broadband network expansion program. By the end of 2010, expects to pass 140,000 homes and businesses with FTTH.
For more:
- see the release here
- TeleGeography has this article
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