Vexus Fiber plans to extend its fiber network into Nacogdoches, Texas and surrounding areas, the company announced today.
This is the second expansion of the Vexus Fiber announced this month. The company previously released plans to expand into Albuquerque.
The privately funded Texas buildout will provide more than 15,000 residences and businesses with symmetrical multi-gigabit speed internet service. The project is expected to start providing services to some residents and businesses by the end of 2022, with full completion expected to take about 18 moths.
The $20 million Vexus Fiber expansion is part of an ongoing construction plan This network extension is part of an ongoing construction plan financed by investors Pamlico Capital and Oak Hill Capital. Upon completion, the service will deliver up to 10 Gbps speeds along with all-digital TV and phone service for residential customers. In addition to data connections of up to 10 Gbps, business customers will be able to access TeleCloud-hosted voice solutions and tailored TV channel packages.
Vexus expects the expansion to increase local employment opportunities, make the area more attractive to businesses and increase overall property values.
“We are excited to continue our network expansion in Texas with our new 100% fiber optic network plans in Nacogdoches,” said Jim Gleason, Vexus CEO, in a prepared statement. “Vexus’ fiber network will provide homes and businesses with a new, competitive choice for internet and entertainment. This expansion brings reliable internet to families and businesses in the area, allowing them access to our future-proof fiber technology.”
“With the average amount of devices in homes continuing to rise, it is important that we supply our residents with the speeds that fit their family’s needs,” said Nacogdoches Mayor Jimmy Mize, in a prepared statement. “We believe fiber optic broadband connections are critical to a modern city’s infrastructure. We are excited to work with Vexus Fiber to begin the process of making Nacogdoches a thriving Gigacity.”