Cablevision Systems says it will increase the speed of its WiFi network to 3.0 Mbps. The service--free to consumers who subscribe to Cablevision Internet service--is believed to contribute to the company's boost in net subscriber adds.
Just last month Cablevision told the audience at the National Cable Show in Washington, D.C., that it was approximately halfway done deploying a WiFi mesh network in New York and New Jersey. The company expects to receive a return on its $300-million investment in less than five years if it can increase its high-speed Internet subscriber base by 5 percent
The cable firm last year announced it planned to spend more than $300 million to roll out WiFi in New York and Long Island. The company was looking for ways to compete with Verizon for control of one of the largest markets in the U.S. At the time it was announced, Cablevision COO Tom Rutledge told analysts more than half the homes in its coverage area subscribe to its Internet service, which gives the company enough "critical mass" to offer a wireless broadband service. The service provider said the network could make use of its existing infrastructure but would cost the company a hefty $100 per subscriber.
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