TORONTO – Independent network operator FibreStream announced today what it says is Canada's first 5 Gbps residential Internet package.
According to the company web site, the new 5 Gbps service is available in 23 residential buildings in Toronto (see the addresses below) and is priced at $100/month. There are no data caps. Its prices start at $35/mo. for 50 Mbps.
Established in 2009, FibreStream works exclusively with large condominium buildings to install its own private fibre network in each building. The growing Canadian ISP has fewer than 50 employees but offering 5 Gbps will surely make a splash in the market.
"Improving the resident experience is critical to a landlord's customer service strategy; this includes provisions for innovative solutions that add value while increasing consumer choice," added Damji.
According to FibreStream, with 5 Gbps available to them customers can download all seven seasons of Game of Thrones in less than 15 seconds, stream HD content on hundreds of devices at the same time, buffer-free, backup and restore devices to and from the cloud in seconds, enjoy a superior gaming experience with ultra-low latency and unparalleled throughput.
"As consumer technology accelerates to bring an increasing number of connected devices into the home, so too does the demand for faster home Internet," says Drew Barton, director of sales and marketing at FibreStream, in the release. "Ultra HD streaming, VR/AR gaming, smart-home automation, virtual collaboration and countless other high bandwidth applications are becoming commonplace among typical users. The very best connectivity solutions are critical for Canadians to thrive in the digital economy and we're proud to do our part to put Canada on the map when it comes to Internet speed."
The company has also begun to automate its service. At a FibreStream enabled building, service can be instantly activated remotely with no technician visit for previously wired units. For those that aren't pre-wired, FibreStream offers same-day or next-day installations.
The company has over 60,000 condo units on-net in Toronto and the GTA, Ottawa, and Vancouver, with plans to reach over 100,000 units next year. That doesn’t mean they have that many customers, but is the number of homes passed.
The Greater Toronto Area buildings in which 5 Gbps is available are:
103 The Queensway
105 The Queensway
8 York St.
12 York St.
14 York St.
125 Village Green, Scarborough
135 Village Green, Scarborough
150 Sudbury St.
170 Sudbury St.
208 Queens Quay W.
218 Queens Quay W .
209 Fort York Blvd.
215 Fort York Blvd.
219 Fort York Blvd.
231 Fort York Blvd.
21 Carlton St.
23 Carlton St.
25 Carlton St.
38 Abell St.
60 Absolute Ave., Mississauga
637 Lake Shore Blvd. W.
68 Abell St.
90 Stadium Rd.
