Urban Adds Five New Residential Buildings Representing 775 Residential Units to Its Fibre Network in Coquitlam
Vancouver, BC – Urban Communications Inc. (TSX-V:UBN) one of the country’s first telecommunications companies to deliver Gigabit Internet service to the home, today announced the expansion of its fibre network in Coquitlam to service new residential customers with ultra high-speed Internet services.
In this most recent expansion Urban is adding 5 new residential buildings to its network footprint, bringing the total in Coquitlam to 12 buildings and 1,600+ residences, increasing the value of Urban’s fibre network and potential subscriber revenue. Construction is expected to be complete and service available by the end of February.
“Urban has made great strides to uniquely position the Company for growth and expansion” said Urban CEO, John Farlinger. “We are planning to invest over $1 million in 2016 to expand our network footprint in Coquitlam, Vancouver and municipalities across the province so that we can deliver Gigabit speed Internet, the fastest residential Internet speed in the country.”
The ongoing expansion in Coquitlam is designed to meet the growing consumer demand for better Internet, faster download and upload speeds, unlimited data transfer and more responsive customer service.
Urbanfibre ultra high-speed Internet delivers a seamless Internet experience with no data limits to worry about and the fastest residential Internet in Canada at 1000 Mbps able to deliver buffer free streaming video, TV over Internet and lag free online gaming for $79/month.
To find out where service is currently available, or to request service in your building, please visit urbanfibre.ca/buildings/.
ABOUT URBAN COMMUNICATIONS INC.
Urban Communications Inc. (TSX VENTURE: UBN) is a telecommunications company providing a full suite of Internet, voice, video and broadband application products over its 200 km. state-of-the-art carrier grade fibre optic network in Metro Vancouver and Victoria to commercial, residential and public sector customers. Urban has recently launched high-speed Internet service to residential and commercial subscribers on its network at 1,000 Mbps (1 Gbps).
CONTACT INFO:
John Farlinger
Chief Executive Officer
Phone: (604) ) 763-7565
jafarlinger@urbanfibre.ca
Caleb Jeffries
Investor Relations
Phone: (604) ) 684-6730
UBN@kincommunications.com ir@urbanfibre.ca
www.urbanfibre.ca
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
