Cisco Systems is reportedly readying to unveil a plan to work with service providers to build super-fast broadband networks that could run at 1 Gbps, according to published reports.
The announcement, expected March 9, would mirror a similar infrastructure announcement made by Google in early February, and will come just ahead of the FCC’s National Broadband Plan.
While the plan to bring faster internet service is similar in speed to Google’s, the two companies differ in execution.
Google is seen as taking on the current telecom and cable providers with its open-source service, while an unnamed Cisco source told Reuters that “the technology would help telecom service providers like phone companies offer better, high-speed internet service.”
The speeding up of the internet is a clear intention of the FCC as it recently said it wants minimum internet data transmission speeds of 100 megabits per second to 100 million homes within the net 10 years, compared with current industry estimates of less than 4 Mbps, Reuters reported.
The FCC had previously put the cost of upgrading current networks and building new ones at as much as $350 billion.