Market Overview

Parkway Signs Deal To Bring Google Fiber's Internet Service To Atlanta, Austin And Charlotte Properties


Parkway Properties, Inc. (NYSE: PKY) announced today that it has signed a deal with Google Fiber Inc., a subsidiary of Google Inc. (NASDAQ: GOOG), to bring its Small Business Gigabit Internet service to Parkway customers. Google Fiber will provide these services to many of Parkway's office buildings in Atlanta, Austin and Charlotte with the potential to bring Google Fiber to the entire Parkway portfolio if Google Fiber expands its service area.

"The implementation of Google Fiber reinforces Parkway's commitment to offering our customers a state-of-the-art technology platform," stated Joel Anderson, Parkway's Vice President and Director of Information Technology. "At almost 100 times faster than the average Internet speed in the United States, Google Fiber should allow our customers to increase productivity and gain a distinct strategic advantage. We believe that a long-term partnership with Google Fiber will differentiate the Parkway portfolio and further our efforts to maximize value of our best-in-class assets."

"Parkway Properties is offering its customers some of the fastest Internet in the world," said Lee Bienstock, Google Fiber's Head of National Real Estate Partnerships. "With this kind of speed, Parkway and Google Fiber are helping businesses focus on what matters most, whether that means taking advantage of the latest technologies, reducing wait times on the web or providing faster services to customers. We're looking forward to working with Parkway to bring gigabit Internet to properties across the country."

Posted-In: News Contracts Press Releases


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