by Luke Jones
Posted 3/13/2014 10:16 am
Updated 8 months ago
Suddenlink of St. Louis has announced plans to spend about $29 million in capital expenditures in Arkansas this year.
A spokesman for the company was not specific on what the expenditures will be used for, but implied that the company's customer base was growing and it would need to grow its infrastructure accordingly.
"As we grow and serve more customers, we need to provide the facilities and the equipment needed to support that growth," he said.
According to a news release, by the end of the year, the company will have invested about $200 million in the state since 2006.
"Our 2014 investments in Arkansas will help us keep ahead of the demands of a growing number of customers who want faster Internet speeds, the ability to get our new Any-Room TV services on mobile devices, home security services and more," said Randy Goad, Suddenlink's senior vice president of operations, in the release.
The release noted that in the past, Suddenlink's Arkansas investments have included building a 162-mile fiber ring, boosting Internet service speeds and increasing the number of high-definition TV channels for its cable service.
Suddenlink has about 110,000 household and 7,000 business customers in the state. Its services are available in Jonesboro, Russellville, Pocahontas, Mountain Home, Cabot, El Dorado, Batesville, Helena-West Helena, Hot Springs Village, Arkadelphia, Heber Springs, Newport, Malvern, Magnolia and elsewhere.