PRIME FiBER Partners with AT&T for Fiber Services
PRIME FiBER, an innovative open-access fiber infrastructure company, has taken a notable step forward by signing a partnership agreement with AT&T. This exciting collaboration is set to provide wholesale fiber access services, focusing on improving broadband connectivity in specific regions.
About PRIME FiBER
Founded in late 2023, PRIME FiBER works alongside its sister company, NOVOS FiBER, which focuses on retail fiber-to-the-home (FTTH) solutions. The primary goal of this new venture is to bolster the fiber service network while effectively serving both residents and small businesses. InLight Capital, a Texas-based private investment firm, supports this initiative, ensuring strong financial backing for their operations.
Importance of the Partnership
The agreement between PRIME FiBER and AT&T marks a significant moment in the telecommunications landscape. Through this partnership, PRIME FiBER can tap into AT&T's vast network and resources. Erin Scarborough, Senior Vice President of Consumer Product at AT&T, remarked, "High-speed fiber internet connectivity changes everything." This collaboration is poised to greatly extend the reach of fiber broadband and improve service quality for customers.
Investment and Development Plans
PRIME FiBER has plans to invest more than $50 million in building this new fiber network. CEO Andrew Snead expressed excitement about having AT&T as a key anchor tenant on their wholesale open-access platform. This investment illustrates PRIME FiBER's dedication to creating advanced infrastructure that serves customers beyond AT&T's current service areas.
Benefits for Local Communities
As part of this initiative, local communities in the targeted areas can expect to see improved internet services. George Karatzis, the Chief Build Officer at PRIME FiBER, highlighted the importance of high-speed connectivity for both residents and businesses. With AT&T collaborating with them, they are in a strong position to address the increasing demand for reliable internet access.
PRIME FiBER's Vision for the Future
PRIME FiBER envisions a future where everyone can access high-speed fiber internet. The company intends to broaden its presence in underserved communities, making sure that connectivity is not a barrier for residents and small businesses. This vision aligns with larger industry trends that prioritize accessibility and the necessity for dependable internet infrastructure.
How to Learn More
For those interested in learning about partnership opportunities, additional information can be found on the official PRIME FiBER website. The company welcomes ISPs and other enterprises to join them in building a more connected future.
Frequently Asked Questions
What is the focus of the partnership between PRIME FiBER and AT&T?
The partnership focuses on providing wholesale fiber broadband services to enhance connectivity in targeted regions.
When was PRIME FiBER established?
PRIME FiBER was established in late 2023 as a company focused on wholesale open-access fiber infrastructure.
What is the investment plan for the new fiber network?
PRIME FiBER plans to invest over $50 million into the development of the new fiber network, placing emphasis on connectivity and quality service.
Who is supporting the financial operations of PRIME FiBER?
InLight Capital, a private investment firm, is providing crucial funding for PRIME FiBER's initiatives.
How does the expansion benefit local communities?
The expansion will grant residents and businesses access to high-speed, reliable internet, significantly enhancing communication and service delivery.
