MonTEC Ups Internet Speed to Spur Business Growth - ABC FOX MONTANA NEWS, WEATHER, SPORTS - KTMF/KWYB

MonTEC Ups Internet Speed to Spur Business Growth

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MISSOULA -

Companies housed at the Montana Technology Enterprise Center -- known as "MonTEC" -- now have 200 times the Internet bandwidth.

Blackfoot Telecommunications partnered with the Missoula Economic Partnership to increase the Internet speed at the business incubator.

Blackfoot upped MonTEC's bandwidth to one gigabit per second, allowing companies to share data at a much faster rate.

MonTEC officials said this new Internet capability is the fastest in Missoula, and the newest opportunity to attract more businesses to the area.

Blackfoot Telecommunications CEO, Bill Squires said most businesses today use a 50-100 megabit Internet connection.

"A gigabit would be almost 1,000 times as fast as the typical one megabit service that you might get at your home," Squires said.

Squires said they've provided Internet service to MonTEC since 2001, when the facility opened as a support center for high-growth, and high-tech business startups.
 
"This is part of our contribution to economic development in Missoula and our opportunity to showcase Missoula is open for business -- particularly high-tech business," Squires said.

MonTEC President Joe Fanguy said their new Internet capability greatly increases data-sharing speeds with the rest of the world.

Fanguy said, "One of the requirements for us to be able to attract the best businesses is having high quality technology, so this definitely raises the bar for the state."

Officials said the increased bandwidth coupled with a highly educated workforce makes Missoula an ideal home for high-tech, data-driven companies.

"I think that it will not only help expand our current base, and our current success of our existing companies, but help us to provide a draw for those companies that are in sort of this high-tech, high data processing element," Fungay said.

MEP President James Grunke said unlimited broadband access changes the game for entrepreneurs looking to start businesses in Missoula and across the state.

"We spend a lot of time talking about entrepreneurship and putting programs in place and I think really demonstrates, instead of talk, we're actually doing things that support entrepreneurship," Grunke said.

To find out more about the companies at MonTEC, click here.

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