NTS Communications, Inc.

NTS Communications, Inc. specializes in providing high-speed internet and phone services via a comprehensive fiber-optic network designed for optimal reliability and performance across both residential and business sectors. Founded in 1981 and headquartered in Lubbock, Texas, NTS Communications, Inc. operates as a subsidiary of Vast Broadband following a successful acquisition completed in September 2019.

The company was founded by Jorge Nuño, who has a history of entrepreneurial ventures. In total, NTS has successfully completed 2 deals, with its most recent funding round being a Public to Private deal that raised USD 155. 00 mn from Tower Three Partners, bringing its total capital raised to USD 155. 00 mn.

NTS Communications, Inc. operates Vexus Fiber, which provides high-speed internet and phone services through a fully fiber-optic network. This network supports various internet speed packages—500 Mbps, 1 Gbps, and 2 Gbps—to accommodate diverse needs such as video streaming, online gaming, and remote work. Vexus Fiber targets heavy internet users in specific markets across Texas and Louisiana, ensuring tailored solutions for both families and businesses.

In the most recent fiscal year, 2013, NTS Communications, Inc. reported a revenue of USD 60. 00 mn and an EBITDA of USD 11. 20 mn.

The company generates income primarily through subscription-based models for its services, with internet plans priced at USD 60. 00 for 500 Mbps, USD 70. 00 for 1 Gbps, and USD 80. 00 for 2 Gbps, alongside offerings such as WholeHome WiFi and enhanced phone options.

Looking ahead, NTS Communications, Inc. intends to leverage its recent funding to innovate and expand its product offerings and market reach. Specific plans include the launch of new fiber-optic services and potential expansion into additional markets, with a focus on increasing their footprint beyond Texas and Louisiana. Recent funding will support these initiatives, solidifying their operational capabilities and service diversity.