Bluepeak is set to significantly enhance broadband accessibility in Oklahoma and Texas through a more than $100 million investment in expanding its fiber-to-the-home (FTTH) network. This initiative will bring high-speed internet to over ten new markets, starting this year, marking a pivotal step in bridging the digital divide in these regions. According to Bluepeak CEO Rich Fish, the expansion is not just about technology but also about delivering an incredible value proposition to more customers.
The expansion will make Bluepeak's fiber network available to more than 100,000 new homes and businesses, with Denison, Texas, being the latest market to benefit from this initiative. The company's aggressive rollout plan includes reaching over 200,000 new locations by 2025, underscoring its commitment to improving broadband options in its served markets. Since 2021, Bluepeak has been at the forefront of providing fast, reliable, and affordable fiber internet across several states, including Oklahoma, Wyoming, South Dakota, North Dakota, and Texas.
This expansion is more than just an infrastructure upgrade; it's a catalyst for economic growth and competition. The Federal Trade Commission highlights the benefits of competition, including lower prices and higher quality services. Furthermore, a 2020 report by the Federal Reserve Bank of Richmond links broadband access to job and population growth, new business formation, higher home values, and lower unemployment rates. Bluepeak's investment is poised to deliver these benefits to communities traditionally limited in their internet options, fostering a more connected and competitive landscape.
