Updated
Updated · ROI-NJ.com · Jun 30
GoNetspeed Invests $43 Million to Expand Fiber Network to 4 New Jersey Communities
Updated
Updated · ROI-NJ.com · Jun 30

GoNetspeed Invests $43 Million to Expand Fiber Network to 4 New Jersey Communities

1 articles · Updated · ROI-NJ.com · Jun 30

Summary

  • $43 million in fully funded spending will extend GoNetspeed’s fiber network to Rahway, Clark Township, Linden and Woodbridge, reaching more than 34,000 residents and businesses.
  • The expansion marks the company’s second move in New Jersey and is aimed at adding internet choice, faster speeds and more reliable service as demand for dependable connectivity grows.
  • Construction will start in the Rahway area first, with homes and businesses able to sign up as service availability expands across the community.
  • The New Jersey buildout follows a recent $13.6 million investment in East Brunswick and South River, with GoNetspeed signaling further growth in the state.
  • GoNetspeed now operates in 11 states, and its 2021 partnership with Oak Hill Capital has helped accelerate fiber expansion across the Northeast.

Insights

How will GoNetspeed's new fiber network and Wi-Fi 7 technology disrupt the internet market for 34,000 New Jersey residents?
With T-Mobile's backing, is this fiber expansion the start of a major challenge to cable's dominance in the Northeast?