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Gigabit Squared Unveils Residential Pricing for Local Ultra-High-Speed Fiber Network Service in Seattle

Early neighborhoods announced: University West Campus District, First Hill, Capitol Hill and Central Area

SEATTLE, June 24, 2013 /PRNewswire/ -- Gigabit Squared today unveiled residential pricing for the ultra-high-speed fiber-to-the-home broadband network it plans to launch locally in 2014. The Gigabit Squared fiber network will initially be made available to neighborhoods located within the West Campus District, First Hill, Capitol Hill and Central Area of Seattle as part of a program called Gigabit Seattle.

"We are excited about the limitless possibilities our network can bring to the residents located in these areas and are confident that the affordability and high speed performance of our fiber network will be well received," said Mark Ansboury, president of Gigabit Squared. He added, "We will be providing our customers with significantly greater speed and accessibility than what's out there today for about the same price...a true value. This will be backed by a level of customer service that will surpass anything anyone has ever experienced before."

Gigabit Squared's fiber broadband services will be 50 to 1,000 times faster than typical cable modem or DSL Internet access services. Unlike most Internet access services, Gigabit Squared's offerings will be symmetrical (equal upstream and downstream data rates) to enable interactive services that require two-way sharing of video, audio, images, and other large files in real time.

"We're one step closer to bringing gigabit speed broadband to Seattle," said Mayor Mike McGinn. "We are leveraging our new public-private partnership with the University of Washington and Gigabit Squared to help Seattle compete in the global economy. I'm excited to see how our residents and businesses can innovate with this new infrastructure."

Gigabit Squared's simplified fiber network pricing plans for Seattle will be structured as follows:

1) Installation Charge: Installation charges will be waived for customers signing a one-year contract for 100 Mbps service or greater. Otherwise, a $350 installation fee is required.

2) Service Plan Options:

Plan A:

5 Mbps download/1 Mbps upload: No charge for 60 months

5/1 Mbps services are transferrable to new renters or owners

After 60 months renters or owners can convert to a 10 Mbps download/10 Mbps upload service plan for only $10 per month

Plan B:

100 Mbps download/100 Mbps upload for $45 per month

No installation charge with one- year contract

Plan C:

1000 download/1000 upload Mbps for $80 per month

No installation charge with one-year contract

Since the launch of the Gigabit Seattle website in December, thousands of Seattle residents have already expressed an interest in the service. Ansboury commented, "We will be announcing a simple sign-up process next month that will make it easy for people to sign up for the service that best meets their individual needs. This will help us prioritize the neighborhood rollout schedule. We can't wait to make this available to as many residents as possible and look forward to our initial program's success so we can quickly expand into other areas of Seattle."