Jacksonville-based internet service provider IQ Fiber will continue its rapid growth as it plans a $36 million project in St. Johns and Nassau counties.
The announcement Monday of the company's next project comes off its recent activation earlier this month of its third geographic area in Orange Park.
IQ Fiber’s network has expanded rapidly over the past year, and the company now serves or has projects underway in Duval, Clay, St. Johns and Nassau counties including San Marco, Beauclerc, Mandarin, Jacksonville Beach, Atlantic Beach, Orange Park, Lakeside, Ridgeview and Fleming Island.
“We are excited to continue our expansion to serve the greater metropolitan area,” IQ Fiber CEO Ted Schremp said. “IQ Fiber provides a refreshing new choice to Northeast Florida residents with a streamlined, straight-forward customer experience and a 100% fiber-optic network that’s purpose-built for the modern internet.”
IQ Fiber’s network is capable of symmetrical speeds of up to 10 gigabits per second, according to the company. The network consists of underground conduit and fiber-optic cables extending from the core internet backbone directly into individual homes, allowing for the fastest internet speeds available while supporting the explosive growth in internet usage and demand.
For the last 20 years, these areas have been served only by DSL and cable-based internet, both of which offer inferior speeds and service in comparison to fiber-optic internet.
IQ Fiber offers simple month-to-month rates. IQ Fiber’s three service plans deliver symmetrical internet speeds between 250 and 1,000 Mbps and whole-home Wi-Fi service with a simple app to manage connections and settings, according to the company.
The first phase of the network will deliver fiber-optic internet to 60,000 homes across Northeast Florida. IQ Fiber is privately funded and launched in Jacksonville in August 2021.
