Business

Dan Gilbert To Offer Internet Speeds Up to 100 Times Faster

February 22, 2015, 7:49 AM

The Internet is about get swifter in downtown Detroit.

Quicken Loans founder Dan Gilbert confirms the formation of a Detroit-based high-speed Internet provider, Crain's Detroit Business reports. The new investment venture is called Rock Fiber LLC.

Rocket Fiber will provide Internet in downtown Detroit that is up to 100 times faster than the current residential average, Rock confirmed. Rock Ventures called the initiative a community investment that is "game-changing."

Construction is underway on the advanced fiber-optic Internet network that will serve residents, local government and businesses in and around downtown Detroit. Access then will be expanded to other areas of the city.

Matt Cullen, president and CEO of Rock Ventures, called the the new network "the generational leap forward" and leapfrogging where the city is at this point. It's starting in the downtown and hopefully spreading out to the neighborhoods. There is some interest along the riverfront.


Read more:  Crain's Detroit Business


Leave a Comment:

Photo Of The Day