The company that’s renovating much of downtown Alton has launched a $25 million citywide fiber internet network.

AltonWorks, which already opened a coworking space and has a number of housing efforts underway, is behind the opening of FiberNet. The service will reach 94% of the city residents and provide speeds up to 10 gigabits per second, the same connectivity used by Fortune 500 companies, AltonWorks said.

"Today marks Alton's entrance into the next century," John Simmons, CEO of AltonWorks, said in a statement. "We're not just installing cables. We're dismantling digital barriers, unlocking innovation, and ensuring that every child, every entrepreneur, and every resident has access to the same world-class opportunities as anyone, anywhere. This network will serve Alton for

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