Novos Fiber has introduced its entry into its second market, McKinney, Texas, beneath a USD 20 million funding. This announcement comes after the Dallas-headquartered fiber-to-the-home (FTTH) firm, backed by InLight Capital, launched companies in Arlington, Texas. The corporate stated it should make investments an additional USD 25 million in Arlington, the place it already has reside prospects on its fiber community.
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Building Progress and Service Enlargement
Novos Fiber stated the development of the fiber community started a number of months in the past, and the corporate expects to supply companies to Part 1 residents by the top of February, with further communities being added over the approaching weeks and months.
“We’re delighted to be constructing in McKinney,” Novos Fiber stated. “It is tremendously humbling to listen to residents thanking the crew for bringing option to their neighborhood.”
Reportedly, the web service supplier (ISP) at the moment provides three totally different fiber optic web plans: a 300 Mbps tier priced at USD 59.99, a 1-gig tier at USD 79.99, and a pair of.5-gig speeds at USD 114.99.
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Deal with Buyer Expertise
Based in 2022, the Texas-based fiber-optic firm introduced Arlington as its first Energetic Market in November 2023. On the time of the announcement, the corporate said its plans to deliver high-speed web to households and small companies throughout Texas and past. Novos Fiber’s choices present each wholesale and retail fiber web companies.