FEBRUARY 27, 2007 -- Connexion Technologies (search for Connexion Technologies) has announced that it will build fiber-optic networks for three new properties: Vistas On the James, a waterfront condominium development in Richmond, VA (with Dominion partners); Mosaic on Hermann Park, luxury high-rise condominiums in Houston, TX (with Phillips Development and Wood Partners); and Carothers Crossing, a traditional neighborhood development in Nashville, TN (with Wood Ridge Development).
Fiber-optic networks serve as platforms to deliver telephone, television, high-speed Internet, and other services. By providing fiber-optic wiring directly to each unit, Connexion delivers more bandwidth than traditional coaxial cable. The virtually unlimited capacity of fiber allows boundless data to travel at the speed of light. In addition, residents can receive wireless Internet access in multiple common areas of their buildings.
"A single piece of fiber can handle all telephone, Internet, television, and security needs," explains Glen Lang, chief executive officer of Connexion Technologies. "Fiber-optic wiring is more reliable and faster than traditional wiring--and it has enough bandwidth to accommodate the growth of future technology."
The creation of fiber-optic networks is rapidly increasing. According to a study by the Fiber to the Home (FTTH) Council and the Telecommunication Industry Association (TIA), deployments of FTTH networks have passed well over six million homes. Every month, they pass an estimated 300,000 more homes. FTTH Council President Joe Savage said he thinks it's no longer a question of if, but when, to build them.
Connexion designs, installs and operates the optical networks using its own capital, not the developers. For resident convenience, the community dues include the cost of the
telecommunications services by bundling them into a single amenities package. This allows residents to receive tomorrow's technology today.
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