NOVEMBER 7, 2008 -- XFONE Inc. (search for XFONE) today announced that its wholly owned subsidiary NTS Communications Inc. has begun work on the final portion of a three-phase build out of a fiber-to-the-premises (FTTP) network for Levelland and Smyer, TX. Phase Three includes the construction of a distribution plant in Levelland as well as completion of the installation of a fiber network connecting Lubbock, where the company currently offers FTTP service, to the central point of presence in Levelland.
By the end of November 2008, the company expects to complete Phase Two of the build out, comprised of connecting fiber from the existing core fiber network in the center of Lubbock to the intercity fiber route, which was completed in late July 2007.
"We are very pleased with the progress we have achieved in the build out of our fiber network," reports Guy Nissenson, president and CEO of XFONE. "Our FTTP business demonstrated sequential revenue growth of 4% from the first to the second quarter of 2008, which we believe can be attributed to customer recognition of the advantages of our voice, video, and data triple-play offering. Our experience with this build out, from the economical Rural Utilities Service financing to the construction of the network itself, provides an excellent model for our future expansion," he adds.
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