C Spire, a privately owned mobile operator in the US said that it is ramping up an unprecedented growth project with a $1 billion investment over the next three years to accelerate the deployment of ultra-fast 5G wireless technology and all-fiber Gigabit broadband internet in key parts of its service area in the southeastern U.S.
The project will result in faster delivery of 5G wireless technology in Mississippi markets and provide ultra-fast, all-fiber broadband services to over 200,000 homes and businesses by 2025 in Mississippi and Alabama, where the diversified telecommunications and technology services firm recently expanded its broadband internet availability.
When completed, the project is expected to bring all-fiber infrastructure to within 1,000 feet of half of Mississippi’s residential premises, deliver game-changing 5G service – the next generation of mobility – to nearly 600 sites representing over 60% of the state and expand next-generation, ultra-fast broadband services to over two dozen Alabama markets.
“We have a strong reputation of providing world-class products and services to consumers and businesses and this investment signals that we intend to deliver these benefits faster than ever before,” said C Spire CEO Hu Meena, noting that the firm will make the initial investment in three years with another $500 million in capital spending over a five-year period.
Meena said C Spire plans to move quickly and aggressively in 2021 to bring the cutting-edge technology benefits to consumers and businesses in both states, leveraging several recent acquisitions, including Teklinks and Harbor Communications, to accelerate its growth and expansion efforts.