NOVOS FiBER, a fast-growing American optical fiber Internet company, announced the launch of its largest investment and construction project so far in Phoenix, Arizona. This home fiber optic (FTTH) service provider, founded in 2023, currently provides services to home users and small businesses in the Dallas Fort Worth area of Texas. Its sister company PRIME FiBER, as a wholesale level open access platform, is deploying fiber infrastructure in Florida. Both companies have received support from InLight Capital, a private equity firm based in Sugar City, Texas.
“Phoenix is our core strategic market, “said Andrew Snead, CEO of NOVOS FiBER and PRIME FiBER.
Major investments and long-term commitments (including wholesale business)
The company has listed Phoenix and surrounding cities as its primary development area, and has reportedly reserved over $130 million in investment for this expanded market. We are fully committed to the construction of the Phoenix metropolitan area and are advancing construction planning in multiple cities through the NOVOS FiBER and PRIME FiBER dual platforms, “Mr. Snead emphasized.
About NOVOS FiBER and PRIME FiBER
NOVOS FIBER is a customer-centric Internet service provider that focuses on providing high-speed optical fiber connections to communities across the United States. PRIME FiBER, as an open access home fiber infrastructure provider, serves ISP service providers, infrastructure integrators, and enterprise users across the United States. Both companies are supported by InLight Capital, a private equity firm based in Sugar City, Texas.