Goldlink

WASHINGTON (Reuters) – Outdoor wireless broadband service provider Omni, which has raised about $1 billion in funding from investors including Google and Amazon, reached 100 million users on its first month, according to its latest earnings report.

The company said in the quarterly earnings report that the new network was designed to allow people to connect and share content and that Omni is the fastest growing outdoor wireless broadband provider in the U.S.

Omni is a subsidiary of wireless carrier Frontier Communications.

The first 100 million wireless subscribers are expected to come on board in the second quarter, Omni said.

Frontier Communications has also announced plans to expand its wireless network in 2018.

Omi said in its most recent quarterly earnings that the company was targeting revenue of $1.5 billion for 2018 and $2.2 billion for 2019.

Frontier is planning to extend its network into 20 more states, and Omni plans to invest $300 million in new fiber-optic cables, said Tom Anderson, Omni’s CEO and chief financial officer.

Omoi, which is owned by Frontier, operates its network in rural areas and in cities where it has its own Wi-Fi network, Anderson said.

It said it was able to reach more than 1 billion wireless subscribers in its first week of operations in August.