The world’s fastest broadband network, ferro, has the potential to connect the world’s poorest countries to the rest of the world faster than ever before.
A new report, published Monday, predicts ferro will become the worlds largest broadband network in 2019, surpassing gigabit Internet connections that are currently the world s largest, such as fibre optic cables and copper wires.
Ferro’s network will reach 1 billion people, with some 1.6 billion households connected to it by 2021, according to the report.
“Ferro’s high capacity, high speed and low latency enable it to connect almost every household in the world in the next three to five years,” Ferro network co-founder and chief executive officer, Michael Schaller, said in a statement.
“This is an incredibly exciting milestone in our journey to deliver a world-class internet infrastructure that can meet the needs of the billions of people who are connected today but are not yet connected.”
Ferro has already connected more than 80 million households worldwide.
Ferros network will cover nearly 5% of the planet s population of 1.2 billion, according the report, which said ferro is also the fastest broadband in the entire world, surpassingly faster than the next fastest, fiber optic cable.
The network will be fully operational in 2021, the report said.
Ferries will be able to reach most of the major cities and towns in the Americas and Europe in the coming years.
Ferry Network Chief Operating Officer, John Mackey, said Ferro is expected to be the world-wide leader in high speed fibre broadband by 2021.
Fero will deliver gigabit speeds of 2Gbps, the same as what is available today.
“The benefits of fibre technology are enormous,” Mackey said.
“It’s very efficient, it’s very cost effective and it allows us to deliver services faster and faster than any other technology.
It’s a huge market opportunity.”
Ferries that carry fibre optic cable from the United States to the Caribbean will also see faster speeds than other fibre technologies.
Ferrios network is expected be operational in the United Kingdom by 2021 and China by 2022.
“There are a lot of things we are able to do in the network that can help reduce costs,” Macke said.
However, Ferrio is also aiming to be more cost effective than its competitors, he added.
Ferronews has launched an interactive guide that will allow you to learn more about the future of ferro’s technology, which includes its cost, the network speed and the expected network coverage.
Ferroid’s network is set to reach 1.4 billion people by 2021 according to Ferro Network.
The company expects its network to cover 1.3 billion people in the same time period.
“We see this as a major leap forward,” MacKenzie said.
The global ferro project is the result of years of research, development and collaboration between Ferro Networks and other companies, including Optic Fibre Networks, which also is part of Ferro, according in the Ferro Project website.
Ferrovian, a new business model based on the Ferros high capacity technology, is set for an initial public offering on the NASDAQ stock market in 2019.
Ferrograins current market capitalization is $30 billion.
Ferrotix, a spinoff from Ferro that will focus on Ferro networking and infrastructure, has an expected market cap of $7.8 billion according to its website.