Bell Aliant (Toronto: BA-UN.TO) is putting down CAD 2.6 million (USD 2.61 million) in capital to light up its Fiber to the Home (FTTH)-based FibreOP network to Yarmouth, Nova Scotia.
Eligible customers who sign up for the service will be able to get speeds up to 250/30 Mbps and FibreOP IPTV service.
Yarmouth follows the CAD 13 million (USD 13.49 million) investment it made last July to bring the service to an additional 27,000 residential customers in the New Glasgow and Annapolis Valley areas.
By the end of 2012, Bell Aliant, one of the earliest of the Canadian-based service providers to roll out FTTH, said it will have invested almost a half billion dollars to extend the network to about 650,000 homes in its serving territory.
Right now, the service provider continues to expand its FTTH network expansion in Halifax Regional Municipality and Bridgewater, while network buildouts are complete in 11 other Nova Scotia cities, including New Glasgow, Wolfville, Windsor, Kentville, Truro, Sydney, Sydney River, North Sydney, Sydney Mines, Glace Bay and New Waterford. Meanwhile, it has also brought the service to New Brunswick, Prince Edward Island, Newfoundland and Labrador.
As its traditional landline business continues to erode due to customers leaving for cable, Bell Aliant has made FTTH and IPTV its main competitive weapons. In 2011, it added 13,000 new FibreOP Internet customers, bringing it to a total of 47,000 customers at the end of the year. During the year, it also added 11,000 new IPTV customers in Q4 2011 reaching 42,000 total customers at the end of 2011.
- see the release
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