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Bluepeak's $100 Million Expansion Brings High-Speed Fiber to More Texas and Oklahoma Communities

By Building Texas Show

TL;DR

By expanding its fiber network to new markets, Bluepeak is increasing broadband competition, providing fast, reliable, affordable internet options.

Bluepeak is investing over $100 million to expand its fiber network to 10 new markets in Oklahoma and Texas, offering fast and affordable internet options.

Bluepeak's expansion efforts will bring cutting-edge technology and affordable internet options to over 100,000 new homes and businesses, improving connectivity and increasing broadband competition.

Bluepeak's fiber network expansion will result in more than 10 additional communities in Oklahoma and Texas benefiting from greater choice among their internet options starting in 2024 and 2025.

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Bluepeak's $100 Million Expansion Brings High-Speed Fiber to More Texas and Oklahoma Communities

Bluepeak is making a substantial leap in its mission to revolutionize internet access in Texas and Oklahoma with a more than $100 million investment to extend its fiber-to-the-home (FTTH) network. This expansion targets over ten new markets, starting this year, and is set to transform the digital landscape for more than 100,000 new homes and businesses. Denison, Texas, recently welcomed Bluepeak's services, marking the beginning of a series of expansions aimed at providing communities with superior internet options.

The initiative is part of Bluepeak's broader strategy to invest over $200 million in expanding its fiber network across its current markets, aiming to reach more than 200,000 new locations by 2025. Since 2021, Bluepeak has been at the forefront of enhancing broadband options in several states, including Oklahoma, Wyoming, South Dakota, North Dakota, and Texas, by offering fast, reliable, and affordable fiber internet. This expansion not only signifies a major step forward in bridging the digital divide but also underscores the importance of competition in the broadband industry.

According to the Federal Trade Commission, competition in the broadband market is crucial for keeping prices low and improving the quality and variety of services available to consumers. Furthermore, a 2020 report by the Federal Reserve Bank of Richmond highlighted the significant economic benefits of broadband access, including job and population growth, higher rates of new business formation, increased home values, and reduced unemployment rates. Bluepeak's expansion into these new markets is poised to deliver these benefits, providing a much-needed boost to local economies and enhancing the quality of life for residents.

By bringing cutting-edge technology and an exceptional value proposition to more customers, Bluepeak is not just expanding its network; it's fostering economic development, supporting small businesses, and ensuring that communities in Texas and Oklahoma are not left behind in the digital age. This expansion represents a critical investment in the future of these regions, promising to make high-speed internet accessible to all, thereby leveling the playing field for businesses and residents alike.

Curated from News Direct

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Building Texas Show

Building Texas Show

@buildingtexasshow

The Building Texas Show with host, Justin McKenzie, where he talks about the balance of business and governance and growth across Texas. We will interview the local leaders affecting the issues, business owners creating momentum and founders who are working to change the world, and inspire you to uncover the power you have to forge the future.