COLUMBIA, SC – High Point-based Lumos Fiber, a North Carolina-based fiber optics provider, is set to invest $100 million to build nearly 1,200 miles of fiber optic cable in Richland and Lexington counties of South Carolina. This investment is a significant step forward in bringing faster internet speeds and more reliable connectivity to the area.
Fiber optic cables are composed of thin strands of glass or plastic that transmit data using light. They are known for their high bandwidth, low attenuation and resistance to electromagnetic interference, making them the ideal choice for high-speed internet and data transmission.
This investment is expected to provide a major boost to the local economy as it will create jobs and attract businesses to the area. The construction of the fiber optic infrastructure will also pave the way for new technological advancements and provide opportunities for education and training in the field of fiber optics.
The increased connectivity provided by the fiber optic cables will benefit both residents and businesses in the area. It will provide faster internet speeds for streaming, telecommuting, and online education. It will also enable the growth of new industries, such as telemedicine and e-commerce, which rely heavily on high-speed internet. According to the company, Lumos, fiber networks have speeds available up to 5 Gbps x 5 Gbps, equating to 385 times faster uploads and 30 times faster downloads than traditional cable.
Overall, this $100 million investment by a North Carolina-based company to build nearly 1,200 miles of fiber optic cable in Richland and Lexington counties of South Carolina is a major step forward in bringing faster internet speeds and more reliable connectivity to the area, creating jobs and new opportunities for education and training in the field of fiber optics and benefiting residents and businesses in the area.