Today Time Warner Cable announced that the company expects to invest $25 million to expand its fiber optic network in both “established and emerging” business sectors around New York City. Many of the areas highlighted in today’s announcement happen to coincide with burgeoning tech hubs.
In a press release to Betabeat, Time Warner said it would extend its broadband capabilities in “the World Trade Center, the Flatiron District, all areas of Midtown and throughout the Financial District,” in Manhattan. In addition to the Brooklyn Navy Yard, Time Warner is also upgrading fiber in the “Brooklyn Tech Triangle, the Brooklyn Army Terminal and Industry City.” Long Island City in Queens, the future home to Shapeways 3D-printing factory, will also benefit from the effort.
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