News Summary
GoNetspeed is set to invest $13 million to enhance its fiber internet services in Rhode Island, aiming to connect over 8,200 homes in Newport. This investment, part of the state’s broader initiative to improve internet accessibility, is supported by funds from the Rhode Island Commerce Corporation and federal assistance. Construction begins fall 2025, with completion expected by spring 2026. Governor Dan McKee emphasized the project’s importance for local economies and digital equity, aligning with the RI 2030 plan for infrastructure improvements.
Rhode Island
GoNetspeed will invest $13 million to expand its fiber internet services into Rhode Island, with plans to connect over 8,200 homes in Newport. This significant investment marks Rhode Island as the tenth state in GoNetspeed’s operational footprint.
The funding for this expansion comprises $9 million from the Rhode Island Commerce Corporation’s Capital Projects Fund and $3.9 million from GoNetspeed itself. Construction is set to begin in the fall of 2025, with the network anticipated to be completed by spring 2026.
Governor Dan McKee emphasized the importance of reliable high-speed internet access for bolstering the state’s economy and supporting local businesses. These comments were made during the announcement of the project on May 23, 2025. The initiative aligns with the goals of the RI 2030 plan, which seeks to improve infrastructure across the state.
Rhode Island Secretary of Commerce Liz Tanner highlighted that the investment will provide targeted solutions for broadband access and enhance the state’s overall infrastructure. With a network capable of delivering speeds up to two gigabits per second, GoNetspeed aims to meet increasing bandwidth demands and improve the quality of life for residents.
This expansion supports the state’s ConnectRI program, which is dedicated to connecting underserved areas with high-speed internet. The project is also being bolstered by a federal award from the U.S. Department of the Treasury, making it a part of broader efforts to improve internet accessibility nationwide.
As GoNetspeed continues to grow, the company has recently announced a $250 million investment for fiber internet access in 27 communities in Massachusetts. The expansion in Rhode Island is seen as a vital step in the company’s broader strategy to enhance internet services throughout New England.
The focus on high-speed internet access is increasingly critical, especially in a post-pandemic world where many businesses and educational institutions rely on robust online connectivity. With the expansion in Newport, residents are expected to benefit from improved internet speeds, which could lead to enhanced opportunities for remote work, online learning, and local economic development.
Governor McKee’s administration has made internet access a priority, recognizing its role in leveling the playing field for businesses and residents in different parts of the state. The partnership between state resources and GoNetspeed’s investment is expected to implement sustainable broadband solutions that can keep pace with future demands.
As Rhode Island moves forward with this initiative, the upcoming expansion will play a critical role in catering to the needs and expectations of a digitally connected society. With the project set to touch the lives of thousands of residents, it marks a significant advancement in the state’s infrastructure and economic growth plans.
In summary, GoNetspeed’s $13 million investment in fiber internet expansion will begin in Newport in the fall of 2025, connecting over 8,200 homes by spring 2026. This initiative is crucial for enhancing broadband availability in Rhode Island, reinforcing the state’s commitment to high-speed internet for its residents.
Deeper Dive: News & Info About This Topic
- BBC Mag: GoNetspeed Fiber Expansion in Newport, Rhode Island
- Business Wire: GoNetspeed Celebrates Growing Footprint
- Broadband Breakfast: Cox Sues to Block Rhode Island’s BEAD Map
- Wikipedia: Broadband in the United States
- Google Search: GoNetspeed Rhode Island
