By Business Wirevia The Motley Fool
Filed under: Investing
NTS Connects First Fiber Customer in Louisiana
Company Enters Hammond Market
LUBBOCK, Texas–(BUSINESS WIRE)– NTS, Inc. (NYSE MKT/TASE: NTS) (“NTS” or “the Company”) announces that it has connected its first fiber customer in Hammond, Louisiana, marking the Company’s expansion of its fiber-to-the-premise Network (“FTTP”) into that state.
The NTS fiber build out has previously been focused on secondary markets in Texas, where the Company currently provides its fiber offerings to 15 towns, including a metro build focused on the business community in Wichita Falls. When completed, the NTS fiber network in Louisiana is expected to add approximately 11,500 passings, bringing the Company’s total FTTP passings to approximately 50,000. The Louisiana network expansion is being funded using a portion of approximately $100 million in federal stimulus funding.
Mr. Guy Nissenson, Chairman, President and CEO of NTS commented, “We are excited to have begun adding customers in our newest market, Hammond, Louisiana. As we enter new markets, we’ve typically seen strong adoption rates for our high speed triple play offering as customers recognize the value of our services, especially the high speed bandwidth. Consumers are increasingly reliant on the internet; both in residential and business applications, and the speed and accessibility of our network meets their demands. We look forward to bringing advanced broadband to more customers in Hammond during the coming weeks.”
Click here to view photo of our first customer in Hammond
About NTS, Inc.
NTS is a provider of high speed broadband services, including internet access, digital cable TV programming and local and long distance telephone service to residential and business customers in northern Texas and southeastern Louisiana. NTS’ Fiber-To-The-Premise (FTTP) network provides one of the fastest internet connections available. The Company currently has operations in Texas, Mississippi and Louisiana and also serves customers in Arizona, Colorado, Kansas, New Mexico and Oklahoma. For the Company’s website, please visit: www.ntscom.com.
This press release contains forward-looking statements. The words or phrases “would be,” “will allow,” “intends to,” “will likely result,” “are expected to,” “will continue,” “is anticipated,” “estimate,” “project,” or similar expressions are
From: http://www.dailyfinance.com/2013/04/11/nts-connects-first-fiber-customer-in-louisiana/