Dive Brief:
-
Verizon has said it is developing broadband technology capable of delivering some of the fastest Internet speeds ever recorded.
-
The new service would provide download speeds of 10 gigabits per second — 1,000 times faster than the average U.S. home Internet connection.
- Verizon says it believes the new technology could one day become capable of delivering speeds as fast as 40 to 80 gigabits per second.
Dive Insight:
The new technology works by "adding new colors of light" onto the company's existing fiber-optic cable network.
Fiber optic technology is the fastest way to transmit data over distance. Because of that, several other companies are also working to expand their fiber networks. Comcast recently began offering the fastest Internet in the country at 2 gigabits per second.
The new technology, if it works, could mean huge benefits for companies that need to share large amounts of data quickly.