It’s the darnest thing — in major cities, around 30% of homes have a fiber cable running past the house due to a local cell site or enterprise customer, but a bunch of humans are still on dial-up speeds. Flume Internet is tapping into the under-used fiber capacity in order to make high-speed internet available to more people — including the New York Housing Authority, its partner for bringing high-speed internet to populations that traditionally have been low priority for telcos.
The company’s aim is to use its asset-light approach and scale into more than 20 markets in the next few years with infrastructure partners and asset owners. A large part of its mission i …