Xfone Expands Fiber Network to Littlefield, Texas
02 Junho 2011 - 12:56PM
Business Wire
XFONE, Inc. (NYSE Amex and TASE: XFN) (“Xfone” or “the
Company”) connected its first triple play customer in Littlefield,
Texas as part of the Company’s new “PRIDE” fiber-to-the-premise
Network.
Xfone began laying fiber for its current build out in October
2010 and is expected to reach 19 new communities bringing our total
FTTP passings to approximately 50,000 when construction is
completed. The Company is funding the expansion of the fiber
network using approximately $100 million in federal stimulus
funding.
To date, Xfone has established its FTTP network in Lubbock,
Levelland, Smyer, and Wolfforth, Texas, providing customers in
those communities access to voice, video and internet services
using high speed broadband.
Mr. Guy Nissenson, Xfone’s President and CEO, commented, “Our
fiber network provides some of the highest speed bandwith available
and has gained great acceptance from customers in Lubbock,
Levelland and Smyer. We’re very pleased to have the opportunity to
establish our state of the art fiber network to bring voice, video,
and internet services to new communities like Littlefield that did
not previously have access to high speed broadband. 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.”
Click here to view photos of our first PRIDE Customer
About XFONE, Inc.
Xfone is a provider of high speed broadband services,
including Internet access, digital cable TV programming and
local and long distance telephone service to residential and
business customers in northern Texas and southeastern Louisiana.
Xfone's Fiber-To-The-Premise (FTTP) network provides one of the
fastest internet connections available. The Company currently has
operations in Texas, Mississippi and Louisiana and also serves
customers in Arizona, Colorado, Kansas, New Mexico and Oklahoma.
For the company's website, please visit: www.xfone.com.
This press release contains forward-looking statements. The
words or phrases "would be," "will allow," "intends to," "will
likely result," "are expected to," "will continue," "is
anticipated," "estimate," "project," or similar expressions are
intended to identify "forward-looking statements." XFONE's
financial and operational results reflected above should not be
construed by any means as representative of the current or future
value of its common stock. All information set forth in this news
release, except historical and factual information, represents
forward-looking statements. This includes all statements about the
Company's plans, beliefs, estimates and expectations. These
statements are based on current estimates and projections, which
involve certain risks and uncertainties that could cause actual
results to differ materially from those in the forward-looking
statements. These risks and uncertainties include issues related
to: rapidly changing technology and evolving standards in the
industries in which the Company and its subsidiaries operate; the
ability to obtain sufficient funding to continue operations,
maintain adequate cash flow, profitably exploit new business,
license and sign new agreements; the unpredictable nature of
consumer preferences; and other factors set forth in the Company's
most recently filed annual report and registration statement.
Readers are cautioned not to place undue reliance on these
forward-looking statements, which reflect management's analysis
only as of the date hereof. The Company undertakes no obligation to
publicly revise these forward-looking statements to reflect events
or circumstances that arise after the date hereof. Readers should
carefully review the risks and uncertainties described in other
documents that the Company files from time to time with the U.S.
Securities and Exchange Commission.
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