Updated: 12/23/2014 8:23 PM
Created: 12/23/2014 7:19 PM KSTP.com
By: Tom Hauser
A Minnetonka-based internet company began offering world-record fast internet service in Minneapolis on Tuesday. How fast? “No one on planet earth offers 10-gig internet,” says Joe Caldwell, co-CEO of US Internet. “It does not exist unless you’re a Fortune 50 company and you want to spend $20,000, $50,000 $100,000 a month for Internet.”
US Internet made the service available to about 30,000 Minneapolis households on Tuesday during its initial rollout. It will eventually be available in all of Minneapolis and within five years throughout most of the Twin Cities.
Caldwell calls the service a game-changer. “One move will now take less than one second to download,” he says. “The whole movie! Okay, imagine right now as you’re watching a movie…it takes an hour-and-a-half to download because it’s buffering as you’re watching it. Now imagine the whole movie comes down in eight-tenths of a second.”
It’s not just a game changer. It might also be a bank breaker for most customers. Initially, it will cost about $400 per month. As the price comes down, Minneapolis City Councilman Andrew Johnson says it will be a big selling point for the city. “I have no doubt that having the fastest Internet in the nation, in the world, will draw people to Minneapolis.”
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