Hawaiian Telcom to deliver 1-Gig service to Hawaii

Hawaiian Telecom will light up 1-Gig service in the Hawaiian islands next week, doubling the 500 Mbps broadband service that its customers can currently access. The company said that it has invested nearly $500 million in building its fiber network and systems and in 2015 it will invest about $100 million in the effort. Hawaiian Telcom's FTTP service will be available in about 96,000 locations initially and more will be added as the company expands its 1-Gig footprint.

Many companies have started rolling out 1-Gig service across the U.S., including such broadband heavyweights as AT&T (NYSE: T), Frontier Communications, Google Fiber (NASDAQ: GOOG) and CenturyLink (NYSE: CTL). Release