Vexus Fiber plans to launch its fiber-to-the-premise service in Santa Fe, NM if the local government approves the franchise application that the telco submitted recently.
The 100% fiber-to-the-premises project in Santa Fe would result in eventual speeds of up to 10 Gbps, with the initial packages to start at up to 1 and 2Gbps for homes and businesses, Vexus said. The company aims to invest $35 million in the region and expects to add 35-40 permanent jobs in the community.
Vexus wants to begin Santa Fe construction by April 2022, with the project expected to take two to three years. Upon the project’s completion, Vexus would be able to provide service to the entire city.
“With a success vote of City Council approval, multi-gigabit speeds will soon be available in the Santa Fe area, bringing lighting-fast speeds and reliable service with it. Our network focuses on technology that is built to grow with the times, making it a great option for both families and businesses,” said Jim Gleason, CEO of Vexus Fiber, in a prepared statement. “With so many devices now being connected to the internet, customers need reliable and fast internet more than ever. Whether you are streaming a movie, using a smart device, working remotely, or gaming, Vexus’ internet would be able to keep up with it all.”
“Santa Fe is a dynamic place for forward-thinking institutions,” said Mayor Alan Webber in a prepared statement. “One key piece to our future is reliable, fast broadband. This network should play a significant part in forging the path to the future, to providing cutting-edge technology that will add to our quality of life, promote entrepreneurship, and foster economic diversification.”
Vexus Fiber has been expanding aggressively. In addition to the Santa Fe project, the company earlier announced plans to invest $250 million to bring fiber service to Albuquerque, NM, a project that is expected to be completed by 2024.