Wave offers gigabit Internet to San Francisco residents

Wave, which specializes in fiber-optic broadband services provision in the U.S. Northwest, says it has brought its Wave-G gigabit Internet service to the San Francisco Bay Area. The service provider says it can now offer symmetrical 1-Gbps and 100-Mbps services to residents of San Francisco's NEMA, a 750-unit property in the Mid-Market neighborhood.

Residents can sign up for the gigabit broadband service at an initial promotional rate of $80 per month.

The new offering comes as Wave moves aggressively to build upon its acquisition of Internet service provider CondoInternet in September 2013. The company recently announced $130 million in financing to fund the expansion (see "Wave funds fiber network expansion"), and promises to offer gigabit broadband service to additional San Francisco apartments and condos "in the coming months." To promote this plan, the company hosted a meet-and-greet for city property managers on June 13.

"As a company that has provided robust and reliable gigabit service to tens of thousands of consumers for the past six years, we are excited to extend our gigabit offerings to San Francisco for the first time, especially in a premier development like NEMA," said John van Oppen, senior vice president of CondoInternet and Wave. "We look forward to bringing our high performance gigabit service to Bay Area residents who expect a leading customer experience at home as well as at work."

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