16th Oct 2014 16:57
LONDON (Alliance News) - Manx Telecom PLC, which provides communications on the Isle of Man, Thursday said a new fixed line broadband service will be available to around 50% of homes and businesses on the island from February next year.
The new VDSL Plus service, which uses a new frequency on Manx Telecom's existing fibre optic network, will deliver the fastest fixed line broadband on the island, Manx Telecom said, with speeds of up to 80 Megabits per second (Mbps) download and up to 10Mbps upload.
"VDSL Plus represents another massive leap forward in broadband speeds and keeps the Isle of Man at the forefront of superfast broadband availability. The increasing popularity of households using multiple devices such as smartphones, tablets, games consoles, laptops and internet-enabled TVs means real demand for higher broadband speeds for home entertainment," Chief Executive Mike Dee said in a statement.
Manx Telecom shares Thursday closed up 1.8% at 170.19 pence.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
MANX.L