GoNetspeed CEO says accelerated build will bring 140,000 passings this year

GoNetspeed is on a fiber deployment spree. The fiber provider accelerated builds in the second half of 2023, with the expectation that by the end of the year it will pass more than 140,000 locations across Maine, New York, Connecticut, Massachusetts and Alabama. In November 2023 alone, GoNetspeed announced new service availability in Portland and Rockland in Maine; Attalla, Alabama; Amherst, Massachusetts and Plymouth, Connecticut. The company also began construction in Thomaston, Connecticut and announced expansions in Connecticut’s Fairfield, Glastonbury, Rockville, Vernon and Watertown. In most markets, GoNetspeed’s competition is typically a cable operator or local incumbent telephone companies. Some competitors have upgraded to fiber, although, CEO Richard Clark noted, “the majority” hasn't. The fiber provider offers 1-gigabit to its residential subscribers today and will be offering 2-gigabit in the first quarter of 2024, according to Clark. Price tiers vary in each GoNetspeed market “to respond to the competitive landscape in which [it’s] operating,” he said.