DALLAS, Sept. 25,
2024 /PRNewswire/ -- PRIME FiBER, a commercial
open-access fiber infrastructure company, has signed an agreement
with AT&T for the provision of wholesale fiber access services,
starting in Bonita Springs and
Naples, Florida.
PRIME FiBER signs agreement with AT&T
for the provision of wholesale fiber services in Naples and Bonita
Springs, FL.
PRIME FiBER was established in late 2023 and operates as
the wholesale open-access sister company to NOVOS FiBER, a retail
fiber-to-the-home (FTTH) company serving residents and small
businesses. The business is backed by InLight Capital, a private
investment firm based in Sugar Land,
Texas.
"High-speed fiber internet connectivity changes everything,"
said Erin Scarborough, Senior Vice
President of Consumer Product at AT&T. "Our relationship with
PRIME FiBER will open up opportunities for us to serve even more
customers and communities with world-class fiber broadband and 5G
wireless offerings."
PRIME FiBER CEO, Andrew Snead,
commented on the recent news, saying, "We're delighted to have
AT&T as an anchor tenant on our wholesale open-access platform.
Work is well underway in Florida,
where we're planning to invest over $50
million. We're also excited by the prospect of providing
fiber access in additional locations outside of AT&T's existing
footprint."
George Karatzis, who joined PRIME FiBER in 2023 as its Chief
Build Officer went on to say, "We're proud to have AT&T as a
customer on our planned open-access network in Bonita Springs and Naples. They're a leader in the converged
space and our platform will allow them to offer high-speed and
reliable fiber internet to residents and businesses across the
local community."
For more information on partnership opportunities, please visit
www.primefiberco.com.
About PRIME FiBER
PRIME FiBER is an open-access fiber-to-the-home (FTTH)
infrastructure provider serving ISPs (Internet Service Providers),
infrastructure consolidators and enterprises across the US. PRIME
FiBER is funded by InLight Capital, a private investment firm based
in Sugar Land, Texas.
About InLight Capital
InLight Capital, LLC ("InLight") is a private investment firm based
in Sugar Land, Texas. InLight's
permanent capital base allows us to pursue an objective of long
duration compounded capital growth. InLight maintains flexibility
and discretion of the amount, duration and objectives of its
invested capital, allowing for efficient decision making and
strategic alignment with all stakeholders. InLight invests across
two primary verticals: private investments and real estate.
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SOURCE NOVOS FiBER