NTS Connects First Fiber Customer in Abilene, Texas

NTS Connects First Fiber Customer in Abilene, Texas

LUBBOCK, Texas--(BUSINESS WIRE)-- NTS, Inc., f/k/a Xfone, Inc. (NYSE MKT/TASE: NTS) ("NTS" or "the Company") announces that it has connected its first fiber customer in Abilene, Texas further expanding the Company's fiber-to-the-premise Network ("FTTP").

The Abilene build out is a "metro build" targeting more than 1,000 business customers and modeled after the Company's metro build in Wichita Falls, Texas. NTS began its sales and marketing efforts in Wichita Falls in October 2012 and has seen high demand from businesses in that market. To date, NTS has established its fiber network in the towns of Lubbock, Wichita Falls, Levelland, Smyer, Wolfforth, Littlefield, Burkburnett, Brownfield, Whitharral, Slaton, Meadow, Wilson, Lamesa, Ropesville, Plainview, Hale Center and Iowa Park, Texas. Additionally, the Company has begun construction of its fiber network in the town of Hammond as well as other communities in Louisiana. NTS' ongoing fiber build out, when completed, is expected to reach 19 new communities, bringing the Company's total FTTP passings to more than 53,000.


Mr. Guy Nissenson, Chairman, President and CEO of NTS commented, "We have seen a strong demand for our high speed, triple play offering from our metro build in Wichita Falls, and we believe Abilene is an ideal market for the expansion of our metro build strategy. The business community relies on high speed bandwidth and the speed and accessibility of our network meets its expectations. We're pleased to have connected our first customer in Abilene and look forward to adding more in the coming weeks."

Click here to view photo of our first customer in Abilene

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 intended to identify "forward-looking statements." These statements are based on current estimates and projections, which involve certain risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which reflect management's analysis only as of the date hereof. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.



Investor Relations:
Institutional Marketing Services (IMS)
John G. Nesbett/Jennifer Belodeau, 1-203-972-9200
jnesbett@institutionalms.com
or
NTS, Inc.
Niv Krikov, 1-806-771-1181
CFO
niv@ntscominc.com

KEYWORDS:   United States  North America  Texas

INDUSTRY KEYWORDS:

The article NTS Connects First Fiber Customer in Abilene, Texas originally appeared on Fool.com.

Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.

Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.


Increase your money and finance knowledge from home

What are Penny Stocks

The lucrative and dangerous world of penny stocks.

View Course »

Professional Vs Do it Yourself Investing

Should you get advice or DYI?

View Course »

Add a Comment

*0 / 3000 Character Maximum