Qwest to invest up to USD300 million on FTTN

2 Nov 2007

Qwest Communications International has revealed plans to spend up to USD300 million to roll out its fibre-to-the-node (FTTN) network to an additional 1.5 million homes. ‘As we look to the future, we’re convinced that increased bandwidth to our customers is critical to our long term success,’ said Qwest chief executive Ed Mueller on the company’s third-quarter earnings call. Qwest says the new network will deliver more than 20Mbps in bandwidth to households, although it also believes it will be able to double these speeds. Mueller was appointed Qwest’s new CEO in August, he has since been reviewing the company’s businesses. The announcement of an increase in CAPEX on FTTN build-out is his first major initiative since taking office.

United States, Qwest Communications International