[1st-mile-nm] Vexus Fiber readies FTTP plus 10G for Albuquerque

[Richard Lowenberg]

Vexus Fiber readies FTTP plus 10G for Albuquerque

Nov. 1, 2021
https://www.broadbandtechreport.com/fiber/article/14213181/vexus-fiber-readies-fttp-plus-10g-for-albuquerque

Company plans $250 million investment for its latest 100% fiber 
broadband project.

Vexus Fiber announced on Oct. 28 that it will be bringing its 100% 
fiber-to-the-home (FTTH) network to the city of Albuquerque, New Mexico. 
The company said it will invest $250 million in the infrastructure of 
the network and create 200 jobs in the construction phase over the next 
three years.

Vexus added that it will be building a 10 gigabit network, "so that as 
devices get faster in the future, customers will have an internet option 
that can keep up." Broadband packages with symmetrical upload and 
download speeds up to one gigabit will be initially available to 
customers. The network will be available for both homes and businesses 
and will be 100% fiber-to-the-premises (FTTP), "meaning fewer 
connectivity issues for customers," added a Vexus statement.

Vexus Fiber said it plans to begin engineering for the project 
immediately and start construction early next year. Completion of the 
network is expected by 2024, but the network will be activated in 
stages, so that some areas of the city will see service available 
beginning in 2022.

Albuquerque Mayor Tim Keller commented, “In the past year, it has become 
clear that internet is not just a quality-of-life issue, but a fast, 
reliable connection for every family and business is necessary for 
learning and working too. High-speed fiber represents a major investment 
in our infrastructure, creating hundreds of jobs for Albuquerque and 
providing us with another key asset as we recruit more companies to our 
city. This investment in a ubiquitous fiber network is also necessary to 
make sure that no one is left behind in the quest for universal 
affordable access to high-speed broadband services (that is, to ‘bridge 
the digital divide’). We welcome Vexus along with other fiber developers 
who are interested in investing in ABQ and appreciate their confidence 
in this great City.”

In addition to the 200 construction jobs the project will create, the 
company plans to create 150 permanent jobs with the opening of a local 
office and storefront.

“We are excited to announce the expansion of fiber high-speed broadband 
into Albuquerque,” said Jim Gleason, CEO of Vexus Fiber. “We are 
thrilled to become a part of the City of Albuquerque and see the area as 
a terrific place for business. This network of the future will help 
foster additional growth and economic development for the area.”

Vexus has committed to building its fiber network throughout the entire 
city and says it will provide service to all corners of Albuquerque. To 
date, the company notes has installed successful high-speed fiber 
networks in over 35 cities in Texas and Louisiana.

“This is a real win for the residents of our city,” said Dan Serrano, 
CEO of the city's Westside Chamber of Commerce. “Vexus is bringing 
construction and permanent jobs with its expansion to Albuquerque as 
well as faster connectivity for residents.”

Vexus notes "the cost of the new service will be comparable to the other 
services provided in the city today, but with better performance." The 
first phase of the network could be available to Albuquerque residents 
by summer 2022, according to company representatives.

Learn more at www.connect.vexusfiber.com


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Richard Lowenberg, Executive Director
1st-Mile Institute     505-603-5200
Box 8001, Santa Fe, NM 87504,
rl at 1st-mile.org     www.1st-mile.org
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