The Canadian cable operator has taken over the top spot for the fastest data tier by a cable operator in North America with today's launch of its Ultimate Speed Internet 120.
As of today, Ultimate Speed Internet 120 is available in nearly 80 percent of Videotron's Quebec City footprint. The new tier has a speed of up to 120 Mbps on the downstream and 20 Mbps on the upstream.
With the launch, Videotron took over DOCSIS 3.0 bragging rights for the fastest North American tier from Suddenlink, which has a 107 Mbps tier. By comparison, Suddenlink's residential 107 Mbps offering has an upstream speed of 5 Mbps, while Comcast's 100 Mbps business tier is being offered with an upstream speed of 10 Mbps, with the exception of the Twin Cities service that features 15 Mbps.
"Ultimate Speed Internet 120 pushes back the frontier for intensive Internet users," said Robert Depatie, president and CEO of Videotron. "Today, we are launching the high-speed Internet service of the future. With the pace at which users' needs are changing, we are not so far from the day when 120 Mbps will be a must-have convenience."
The 120 Mbps wideband tier will be available in all of Videotron's Quebec City footprint by the end of the year; from there it will be rolled out across the rest of Videotron's service area.
Ultimate Speed Internet 120 will cost residential users $149.95 per month, while a business class tier starts at $219.95 per month.
As for bandwidth caps, Ultimate 120 has a download limit of 170 GB per month and an upload limit of 30 GB for residential users. The business class offering has caps of 225 GB for downloads and 125 GB for uploads.
Videotron said it picked Quebec City for its initial rollout of Ultimate Speed Internet 120 because the network was upgraded in 2006 to the financial tune of $30 million.
With its launch two years ago, Videotron was the first major cable operator in North America to offer DOCSIS 3.0-based wideband services. Videotron's initial launch comprised 50 Mbps and 30 Mbps tiers using pre-DOCSIS 3.0-certified cable modems and cable modem termination systems from Cisco.
In addition to the availability of Ultimate Speed Internet 120, Videotron said it increased the upstream speed on its 50 Mbps tier from 1 Mbps to 2 Mbps with no additional charge, and it will increase the cap from 30 GB to 40 GB starting in November.By Mike Robuck CedMagazine.com - September 22, 2010
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Sep 22, 2010
Sharp To Acquire Recurrent Energy For $305M
OSAKA (AP) -- Japan's Sharp Corp., one of the world's largest producers of LCD TVs and panels, said Tuesday it has agreed to acquire solar project developer Recurrent Energy for $305 million in cash.
The deal comes as Sharp looks to take position as a developer of solar cells, modules and market power generation plants, among other technologies.
"It is essential for Sharp to function as a developer in the photovoltaic field in order to further expand its business in this area," said Toshishige Hamano, Sharp's executive vice president for overseas business.
Under the terms of the agreement, Sharp will completely buy out shareholders of San Francisco-based Recurrent, which include Mohr Davidow Ventures and Hudson Clean Energy Partners.
Recurrent Energy CEO Arno Harris will retain his title and continue to lead the company following its acquisition. He will report to Hamano.
Recurrent's executive team and other employees also will remain with the company, Sharp said.
Recurrent Energy's development pipeline of more than 330 MW of projects includes 170 MW with the Ontario Power Authority, 60 MW with the Sacramento Municipal Utility District, and 50 MW with Southern California Edison.
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The deal comes as Sharp looks to take position as a developer of solar cells, modules and market power generation plants, among other technologies.
"It is essential for Sharp to function as a developer in the photovoltaic field in order to further expand its business in this area," said Toshishige Hamano, Sharp's executive vice president for overseas business.
Under the terms of the agreement, Sharp will completely buy out shareholders of San Francisco-based Recurrent, which include Mohr Davidow Ventures and Hudson Clean Energy Partners.
Recurrent Energy CEO Arno Harris will retain his title and continue to lead the company following its acquisition. He will report to Hamano.
Recurrent's executive team and other employees also will remain with the company, Sharp said.
Recurrent Energy's development pipeline of more than 330 MW of projects includes 170 MW with the Ontario Power Authority, 60 MW with the Sacramento Municipal Utility District, and 50 MW with Southern California Edison.
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Original Article Here
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