Vexus Fiber is expanding its Texas footprint to include the city of Tyler. When completed, the fiber network will reach about 40,000 homes and businesses.
Formerly NTS Communications, Lubbock, Tex.-based Vexus Fiber offers fiber based services in numerous west Texas and Louisiana markets. Vexus is an affiliate of Missouri-based Vast Broadband.
Vexus has backing from Pamlico Capital and Oak Hill Capital, who will contribute $50 million towards the expansion into Tyler.
The Tyler network infrastructure will be fiber-to-the home, with availability for some sites beginning in 2022. Construction is scheduled to start later this year and be completed 24 months later.
The network will provide service at speeds up to 10 Gbps internet, as well as all-digital TV and phone service for residential customers. Offerings for business customers will include 10 Gbps broadband, Tele-Cloud-hosted voice solutions and customized TV channel packages.
“We are thrilled to announce our expansion into Tyler,” said Jim Gleason, Vexus CEO, in a prepared statement. “Vexus’ fiber network will provide homes and businesses with a new, competitive choice for Internet, TV and phone services. Our network is built with future-proof technology that provides a reliable, world-class Internet connection, and fosters additional growth and economic development for Tyler. Given that we are a Texas-based provider we plan to bring our Texas hospitality and customer service to go along with our robust network.”
As the network builds out, Vexus Fiber plans to hire local management, sales, technical and customer service professionals to support the area.
Joan Engebretson contributed to this report.
