Cablevision Systems revealed that it will build out a Wi-Fi high-speed data wireless network free of charge to its existing Optimum Online customers. On a conference call with analysts to discuss first-quarter results, Cablevision COO Tom Rutledge said the Bethpage, N.Y.-based cable operator has already begun building out the network, which is scheduled to be completed in about two years. He estimated that the cost of building the network would be about $70 per home passed or $100 per subscriber. Cablevision has about 3.3 million customers and passes about 4.7 million homes. Cablevision’s announcement comes just one day after Comcast, Time Warner Cable and Bright House networks announced they have joined a joint venture with Sprint Nextel, Clearwire, Intel and Google to build out a nationwide Wi-Max broadband network.http://www.multichannel.com/article/CA6558948.html?desc=topstory
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