Mississauga, ON -- (SBWIRE) -- 07/12/2017 -- AllPennyStocks.com Media, Inc. (http://www.AllPennyStocks.com), a leading penny stock / small-cap information site, released its latest spotlight company Urban Communications Inc. (TSX-Venture:UBN).
In the Internet Service Provider (ISP) world, speed and reliability are king and queen. Traditionally, most ISPs have touted download speeds like 10, 20 or 30 mbps (megabytes per second) as fast, with premium speeds reaching upwards of 100 Mbps. If you've ever downloaded a whole movie at 10 Mbps, you quickly realized that is not very fast at all. As demand keeps increasing in our data-driven world, driven by a multitude of factors, such as the Internet of Things, consumers staying constantly connected and cord cutting necessitating high-speed downloads for streaming, providers are feeling the need to increase speeds while remaining competitive with costs.
The answer in theory is simple: make fast faster. This is also known as Giga-speed Internet, where download speeds are in excess of 1,000 Mbps (equal to 1 gigabit per second (Gbps)).
From the outset, Alphabet's (NASDAQ:GOOGL) Google Fiber was lauded as an ISP disruptor due to its Giga-speed ability that dwarfed incumbents at the time, but even the tech giant found out that a lack of infrastructure and competition's response are formidable challenges. In that vein, majors have made large commitments in recent years to build out fiber networks to meet growing demand for not only Internet, but all the communications and data transfer needs of businesses and households.
For example, Zayo Group Holdings (NYSE:ZAYO) in November 2015 paid $465 million for fiber optic network company Allstream, a subsidiary of MTS, Inc., Canada's fourth largest provider of telecommunications services. Videotron in January 2016 bought Fibrenoire, the operator of a 4,500-kilometer fiber network in Canada, for $125 million. Also in the past two years, Canada telecom majors Bell Canada, part of BCE (TSX:BCE), and Telus (TSX:T) have each earmarked over $1 billion in capex for their fiber optic networks. In March, BCE announced its largest infrastructure project to date with the City of Montreal, saying it will invest $854 million to bring broadband fiber Internet to the city's businesses and communities.
To that end, little Urban Communications Inc. (TSX-Venture:UBN) has built itself an enviable market position by establishing itself as one of the first companies delivering Giga-speed services to Metro Vancouver and Victoria. Through its existing infrastructure, the Vancouver-based telecom provides a full suite of Internet, voice, video and broadband products over its 300-kilometer state-of-the-art fiber optic network to commercial, residential and public sector customers across the region.
A complete UBN profile can be viewed at:
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Note AllPennyStocks.com has been compensated two thousand five hundred dollars from a third-party, Frontier Consulting, Ltd. for its efforts in presenting the UBN profile on its web site and distributing it to its database of subscribers as well as other services.
A full disclaimer on UBN can be found at: http://www.allpennystocks.com/SpotLight/13/urban-communications-inc-tsx-ventureubn.htm