Xfone expands fiber network to include Burkburnett, Texas

Xfone expands fiber network to include Burkburnett, Texas
Xfone Inc. (NYSE Amex and TASE: XFN) connected its first triple-play customer in Burkburnett, Texas, expanding the company’s “PRIDE” fiber-to-the-premise (FTTP) network. Xfone’s ongoing fiber build out, when completed, is expected to reach 19 new communities bringing its total FTTP passings to roughly 50,000. The company is funding the fiber network expansion with approximately $100 million in federal stimulus funding. Xfone has established its FTTP network in Lubbock, Levelland, Smyer, Wolfforth, and Littlefield, Texas, providing customers access to voice, video, and Internet services using high-speed broadband. “As we bring our high-speed fiber network to new markets, we continue to see excellent adoption rates as customers recognize the value and convenience of the high-speed bandwidth offering,” says Guy Nissenson, Xfone’s president and CEO. “With consumers’ increasing reliance on the Internet, both in residential and business applications, speed and accessibility are very important and our network offers both. Construction of the PRIDE Network is progressing and we look forward to bringing advanced broadband to more customers in the coming weeks.”