Vexus Fiber

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Vexus Fiber - overview

Established

1981

Location

Lubbock, TX, US

Primary Industry

Telecoms

About

Vexus Fiber is a telecommunications company that provides high-speed internet and phone services through a 100% fiber optic connection, ensuring stable connectivity for residential and business customers. Founded in 1981 in Lubbock, US, Vexus Fiber delivers high-speed internet and phone services. The company was established by Jorge Nuño and is currently led by CEO Jim Gleason. No major pivots in business strategy have been reported since its inception.


Vexus Fiber specializes in high-speed internet and phone services leveraging a 100% pure fiber optic connection. Their offerings include internet speed packages of 500 Mbps, 1 Gbps, and 2 Gbps, catering to various user needs such as streaming and gaming. They also provide WholeHome WiFi solutions and enhanced phone services with popular calling features, primarily serving residential and small to mid-sized business customers in select markets across Texas and Louisiana. Vexus Fiber generates revenue through subscription-based pricing for its internet and phone services.


Their packages are priced at USD 60 per month for 500 Mbps, USD 70 per month for 1 Gbps, and USD 80 per month for 2 Gbps. Their revenue model also includes customer loyalty initiatives, such as referral programs that reward existing customers for bringing in new clients. Additionally, necessary equipment like eero routers is provided at no extra cost with internet subscriptions, enhancing service value. Vexus Fiber aims to expand its service offerings and geographic reach.


Plans are in place to introduce new product packages designed for higher bandwidth demands, though specific release dates have yet to be announced. The company intends to enhance its presence in additional markets across Texas and Louisiana. Recent funding will be directed towards enhancing infrastructure and expanding service capabilities to meet increasing demand.


Primary Industry

Telecoms

Sub Industries

Cable Service Providers, Fiber Optics, Internet Service Providers

Website

www.vexusfiber.com

Total Amount Raised

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