Vexus Fiber is building 12,000 passings per month in LA, NM, TX

Regional operator Vexus Fiber is expanding its network across Louisiana, New Mexico, and its home state of Texas, and it’s planning to roll out multi-gig service by the start of 2024. CEO Jim Gleason said Vexus is constructing fiber on a pace of around 12,000 new homes passed per month, spanning roughly a dozen markets in Texas, three in Louisiana, and three in New Mexico. Thus far, the company has “a little over” 300,000 fiber passings and is aiming to reach “north of a million” passings over the next five years. Gleason said the forthcoming multi-gig rollout is fueled by a $2.5 million network upgrade that was completed in the summer of 2023.