New York-based startup i-flix is offering a service that can deliver a more affordable internet service to customers in many cities around the world.
i-flix is offering internet service at a price of around $30 per month to subscribers in the US, Canada and other countries.
iFlex is part of i-Cable, a company founded by former Verizon CEO and investor David J. White.
i-flix said that the service will provide users with an “unmatched value proposition,” which is an advantage when it comes to the “truly competitive and competitively priced” internet service offered by other internet providers.
The service will deliver data speeds of at least 50 Mbps and 1 Gbps download speeds.
The service will also include features such as voice and video calling, data backup, and a VPN for users to access the internet with a “high degree of privacy and anonymity.”
While it is unclear how much cheaper i-Flix plans will be in the future, i-Flex said that it will provide a range of data speeds from 25 Mbps to 100 Mbps.
“We expect that with the technology we’re bringing to market today, we’ll be able to offer an unbeatable value proposition for the consumer,” i-Flex co-founder and chief technology officer Jeroen Kranenburg said in a statement.
In an interview with CNBC, White said that i-FLix is “the most advanced” and “unparalleled” service for consumers.
Although the price of internet service has risen over the years, iFix says it is offering customers a “unique value proposition” that makes it “impossible to compete against our competitors.”
It’s unclear how the company will be able make the internet available to consumers, as some countries have been reluctant to offer internet service and some are still in the process of expanding.