Bell Canada President and CEO George Cope says Bell Canada is investing $1.14 billion to bring gigabit Internet access service to the Toronto area.
Bell Canada also will provide gigabit service to other cities in Ontario, Quebec and Atlantic Canada as part of a $20 billion investment.
Bell will launch “Gigabit Fibe” in other cities in Ontario, Québec and the Atlantic provinces as soon as the summer of 2015 in some locations.
Service initially will be available at a maximum 940 Megabits per second and rise to a full 1000 Megabits per second or faster in 2016 as modem equipment suppliers catch up to gigabit speeds, Bell Canada said.
The service will be available to 50,000 businesses and residences in the summer of 2015 and will then be expanded to another 1.1 million premises over the next 36 months.
The upgrade requires about 9,000 kilometres of new optical fiber in the city both underground from 10,000 manhole covers and above ground on 80,000 Bell and Toronto Hydro poles.