Bell Aliant is dedicating $11.6 million in capital to bring its FibreOP fiber to the home (FTTH) service to an additional 21,000 homes and businesses in Newfoundland.
Customers in Clarenville, Bay Roberts, Carbonear, Torbay and Portugal Cove-St. Philip's will be able to access the fiber-based broadband service. FibreOP can provide Internet speeds of 250/30 Mbps and 130 channels of HDTV.
When this build out is completed, Bell Aliant's FibreOP coverage in the province will reach over 125,000 premises. Since 2011, the service provider has invested $48.4 million in building out FTTH throughout Newfoundland.
The service provider said that customers in Newfoundland and Labrador can check availability and pre-register for FibreOP service at www.bellaliant.net/FibreOP, or by calling 1-866-FIBREOP (1-866-342-7367).
At the end of Q2 2013, the service provider extended FibreOP service to over 725,000 homes and businesses in 60 communities throughout Atlantic Canada and Ontario.
Earlier this year, it spent $12.5 million to serve 20,000 premises with FibreOP service in North Bay, Ontario, which is the third area in the region to receive the fiber-based broadband service.
As it continues to see its traditional TDM-based voice revenues, FibreOP has been a consistent source of new revenue growth.
While it won't release Q3 earnings until Oct. 31, FibreOP helped to drive up Q2 Internet revenue $9 million, or 6.9 percent. During that period, it added a total of 16,600 FTTH customers, bringing total FibreOP Internet customers to 146,700 at the end of June 2013.
- see the release
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