SiFi Networks to Build USA’s Largest Privately Funded Open Access FiberCity™
Friday, October 17, 2014
International fiber optic network developer SiFi Networks (SiFi), whose aim is to revolutionize the North American telecoms market, will deliver the USA’s largest privately funded open access FiberCity™ in Fullerton, California.
Fullerton is set to become the biggest network of its kind in America and will be funded by the Smart City Infrastructure Fund, a global investment fund managed by Whitehelm Capital and backed by APG, the largest pension delivery organization in the Netherlands.
SiFi aims to deliver more networks throughout the USA in the same manner. Fullerton will be the first FiberCity™ with several cities already in line to be next.
“We are excited to deliver our first FiberCity™ in the USA, an investment that sets the standard for fiber optic infrastructure as a core utility. We believe that our business model can transform the telecoms market in the USA. Privately funded, open access networks will not only benefit residents and businesses, but also provide citywide platforms for Smart City applications including 5G and more,” stated Ben Bawtree-Jobson, CEO of SiFi Networks.
The network will provide a significant upgrade to internet speeds and accommodate the growing demand for data from next generation devices in households and businesses. It will also facilitate new Smart City initiatives in key government services such as traffic control, street lighting and emergency services. The network will also provide a platform for the future expansion of 4G and 5G cellular networks into the area.
“We are delighted to welcome SiFi Networks and its ISP partners Ting and GigabitNow to the city,” stated Fullerton City Manager, Ken Domer. “Having a true fiber optic network passing every part of the city is an amazing opportunity for Smart City applications, bringing competition to the city’s communication needs, and creating enhanced opportunities for economic development.”
SiFi funds, builds and operates the network whilst partnering with Internet Service Providers who bring their marketing and customer service expertise to deliver retail services (internet, TV and voice) to residents and businesses throughout the entire city without demographic segmentation.
“GigabitNow is pleased to be delivering true Gigabit Internet speeds at an affordable price to the residents and businesses of Fullerton,” said Stephen Milton, CEO of GigabitNow. “Working with SiFi over the last several years to find ways to bring fast, reliable, Internet to cities across the United States has meshed perfectly with GigabitNow’s overall goal of easy turnkey Internet solutions for communities of all sizes. We are eager to start providing awesome service to the community of Fullerton!”
Elliot Noss, Ting CEO said “Fullerton will be great for our business, and Ting will support a thriving economy and quality of life there. We are pleased to embark on a California footprint, and to see alternative business models emerging in the ongoing fiberization of America.”