Cleveland touts new network that will provide the fastest Internet service available

Cleveland officials say the city will have the first commercially available 100 gigabit per second Internet service in the country starting next year.

An announcement about the service is scheduled for Friday in Cleveland. Officials hope the availability of this service will attract startups and existing technology companies to the city's burgeoning Health-Tech Corridor.

One hundred gigabits per second is more than 300 times faster than the average download speed of residential Internet service in the U.S. The increased speed will allow health care providers and technology companies of all types to move high-definition image files much faster than current Internet speeds allow.