Time Warner Cable (NYSE:TWC, news)'s Business Class division announced big expansion plans for the largest metro market in the US. They'll be putting some $25M into building out their fiber network in the Big Apple this year.
The Brooklyn Navy Yard will be one of the sites getting some more fiber for its diet, some of which goes to the Hispanic Information and Telecommunications Network there alongside 275 other businesses. TW Cable Business Class will also be building a learning lab at the yard.
Amongst the many other sites in Brooklyn that TW is hooking up are the Brooklyn Tech Triangle, the Brooklyn Army Terminal and Industry City. Similar investments are being made in Manhattan, Queens and Staten Island, including last week's announcement of a buildout to the Empire State Building. The only borough not mentioned in today's release was the Bronx.
TW Cable and its MSO brethren have been increasingly aggressive lately in targeting the mid-sized and large enterprise marketplace, moving beyond the hybrid fiber/coax model. Of course, in the NYC metro area there is also Cablevision's Optimum Lightpath division, which boasts more than 5000 on-net buildings across the region.
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