FTE Networks, Inc. has announced that it is expanding its infrastructure deployment services to Atlanta. Initiated by a $0.5 million contract with a major ISP for fiber and broadband services development in market, FTE's expansion to Atlanta creates new business opportunities for its traditional services.
With several large telecom service providers and major ISPs building fiber networks in Atlanta, FTE's presence in this market adds pipeline growth capability estimating its current deal valued at $1 to $2 million in 2017 and an anticipated total pipeline opportunity value of $10 to $15 million through 2020.
Anthony Sirotka, chief business development officer of FTE Networks (FTNW), commented, "We continue to expand our customer base, as enterprise customers as well as regional and national data and telecom providers recognize both our value proposition and solid track record. There continues to be an increase in demand for bandwidth, which drives fiber optic development. This expansion of our presence in Georgia allows us to broaden and solidify our footprint throughout the southeast."