IQ Fiber, a North Florida fiber internet service provider, has begun constructing its network in Northwest Gainesville and Alachua County. The provider’s initial Phase 1 investment is estimated at $40 million.
Headquartered in Jacksonville, IQ Fiber is deploying its network across Alachua, Duval, Clay, Nassau and St. Johns counties. The North Central Florida expansion marks the company’s first major network expansion outside the Jacksonville region.
IQ Fiber has established a satellite office in Northwest Gainesville and is hiring over 30 employees to support the expansion.
The Northwest Gainesville and Alachua County build coincides with IQ Fiber’s second anniversary. Since its founding in 2021, IQ Fiber has built over 600 miles – more than 3 million feet – of fiber cable across North Florida. In 24 short months, the company built and lit its network in Jacksonville and has grown from the founders to more than 100 local employees.
Its network consists of underground conduit and fiber-optic cables extending from the core internet backbone directly into individual homes, enabling it to serve up to 10 Gbps symmetrical speeds.
“We are excited to announce the start of construction and will be working quickly to provide Gainesville residents with a superior choice for internet service,” said Ted Schremp, CEO of IQ Fiber. “In just two years, we have established a significant presence across North Florida and delivered on our promise to streamline the customer experience in a way that no other provider in the market has been able to achieve.”
Sean Buckley
Sean is responsible for establishing and executing the editorial strategies of Lightwave and Broadband Technology Report across their websites, email newsletters, events, and other information products.