VCTI


Associated tags: Internet service provider, BIO, School

Locations: INDIA, NEW JERSEY, TEXAS, US

VCTI Announces Appointment of Pragash Pillai to Board of Directors

Retrieved on: 
Tuesday, March 26, 2024

SOMERSET, N.J., March 26, 2024 /PRNewswire/ -- VCTI, the broadband and network technology experts, today announced the appointment of visionary executive Pragash Pillai to the company's Board of Directors. Pillai is a member of the Cable TV Pioneers Class of 2023 and most recently served as CTIO at Altice USA. Before Altice, he was Senior Vice President of Infrastructure Engineering at Cablevision Systems. He joined Cablevision after the successful sale of Bresnan Communications to Cablevision for $1.36B. He brings extensive experience in the broadband sector, with a deep understanding of market forces and the need to plan strategically to capture opportunity. VCTI will benefit from his extensive experience operationalizing and improving efficiencies around the deployment of new technologies across large, dispersed networks.

Key Points: 
  • SOMERSET, N.J., March 26, 2024 /PRNewswire/ -- VCTI , the broadband and network technology experts, today announced the appointment of visionary executive Pragash Pillai to the company's Board of Directors.
  • Pillai is a member of the Cable TV Pioneers Class of 2023 and most recently served as CTIO at Altice USA .
  • VCTI will benefit from his extensive experience operationalizing and improving efficiencies around the deployment of new technologies across large, dispersed networks.
  • We are thrilled to have Pragash as part of our team as we deliver new solutions and approaches to the market."

VCTI Revolutionizes Network Planning with AI-Powered Fiber IQ™ Service

Retrieved on: 
Tuesday, March 12, 2024

SOMERSET, N.J., March 12, 2024 /PRNewswire/ -- VCTI, the broadband and network technology experts, announced Fiber IQ™, a new offering allowing service providers to build highly accurate broadband expansion plans quickly. Fiber IQ is powered by two solutions – Pole IQ™ and Geology IQ™  – that utilize AI to provide crucial insights into aerial and underground broadband deployment options and their respective cost implications without sending teams into the field for visual inspections. This more granular insight, early in the planning process, enables service providers to determine the most effective construction methodology, deploy resources faster and overall enjoy significant time to market benefits and consistency of return on investment projections.

Key Points: 
  • SOMERSET, N.J., March 12, 2024 /PRNewswire/ -- VCTI , the broadband and network technology experts, announced Fiber IQ™, a new offering allowing service providers to build highly accurate broadband expansion plans quickly.
  • Fiber IQ can deliver an average 20 percent improvement in capital budget efficiency and save months of man hours.
  • One US service provider recently came to VCTI for help planning a new network build-out in Texas.
  • VCTI identified more than four weeks of man-hours and $100,000+ in physical inspection costs using Fiber IQ.

VCTI Sees 34 Percent Growth During Second Half of 2023

Retrieved on: 
Wednesday, January 24, 2024

SOMERSET, N.J., Jan. 24, 2024 /PRNewswire/ -- VCTI, the broadband and network technology experts, today announced a 34 percent increase in customer base during the second half of 2023. The growth was driven by interest in the company's Broadband Investment Optimization (BIO) offering, and VCTI's new AI-powered tool to assess aerial deployment viability, Pole IQ™. Given service providers' continued focus on broadband expansion in the BEAD era, VCTI's suite of automated intelligence solutions and services help customers make better, more accurate investment decisions earlier in the planning process without reliance on sending teams out into the field. This enables service providers to expand their networks to serve more people at lower cost, with greater speed, intelligence, and accuracy.

Key Points: 
  • SOMERSET, N.J., Jan. 24, 2024 /PRNewswire/ -- VCTI , the broadband and network technology experts, today announced a 34 percent increase in customer base during the second half of 2023.
  • The growth was driven by interest in the company's Broadband Investment Optimization (BIO) offering, and VCTI's new AI-powered tool to assess aerial deployment viability, Pole IQ™.
  • This enables service providers to expand their networks to serve more people at lower cost, with greater speed, intelligence, and accuracy.
  • To meet customer needs in this period of growth, VCTI also expanded its team by 30 percent in 2023, adding critical roles in operations, research and development, and sales.

VCTI Increases Accuracy and Speed of Network Planning with New Capabilities

Retrieved on: 
Wednesday, August 16, 2023

SOMERSET, N.J., Aug. 16, 2023 /PRNewswire/ -- VCTI, the broadband and network technology experts, today announced a new set of capabilities that extend the accuracy of the cost-to-build analytics delivered by the company's Broadband Investment Optimization (BIO) service offering. Among the innovations added to the BIO portfolio is VCTI's PoleIQ™ automated field assessment tool, which was recently used by one national broadband service provider to accurately assess aerial deployment options and uncover more than $2M in savings for one deployment.

Key Points: 
  • "Our service provider partners need to move at warp speed to deliver the broadband services that consumers want and deserve.
  • A national broadband services provider came to VCTI for help in planning a new network build-out in the southwest.
  • Leveraging PoleIQ, VCTI was able to determine that the true number was 28 percent viable for aerial deployment.
  • Targeted areas for expansion, available technology options, and economic analysis are identified to help service providers make long-term investment decisions.

BEAD Funding Drives Growth for VCTI

Retrieved on: 
Wednesday, August 2, 2023

SOMERSET, N.J., Aug. 2, 2023 /PRNewswire/ -- As BEAD funding moves broadband expansion activity in North America into overdrive, VCTI , the broadband and network technology experts, today announced several milestones during the first half of 2023.

Key Points: 
  • SOMERSET, N.J., Aug. 2, 2023 /PRNewswire/ -- As BEAD funding moves broadband expansion activity in North America into overdrive, VCTI , the broadband and network technology experts, today announced several milestones during the first half of 2023.
  • The increase was largely the result of expanded scopes of work with existing service provider customers as they prepared for BEAD allocations to be announced.
  • Today, four of the 10 largest service providers in the United States, along with many Tier 2 and smaller providers, have chosen VCTI as their broadband expansion partner.
  • Decisions made today will impact their ability to grow and defend their market share, for years to come," explained VCTI CEO Raj Singh.

VCTI Honored With a 2023 Workplace Excellence Award for Tech Culture by TMCnet

Retrieved on: 
Wednesday, July 26, 2023

SOMERSET, N.J., July 26, 2023 /PRNewswire/ -- VCTI, the broadband and network technology experts, announced today that the company has been named a recipient of a prestigious 2023 Workplace Excellence Award for Tech Culture. The award is given annually by TMCnet, the leading website building communities online, in person and in print for communications and technology markets.

Key Points: 
  • SOMERSET, N.J., July 26, 2023 /PRNewswire/ -- VCTI , the broadband and network technology experts, announced today that the company has been named a recipient of a prestigious 2023 Workplace Excellence Award for Tech Culture.
  • The award is given annually by TMCnet, the leading website building communities online, in person and in print for communications and technology markets.
  • Launched in 2015, The TMCnet Workplace Excellence Awards for Tech Culture recognize those technology companies who excel in all areas of Corporate Culture, employee satisfaction and retention.
  • The complete list of 2023 Workplace Excellence Awards for Tech Culture winners are now posted on the Tech Culture blog on TMCnet .

VCTI Joins the Fiber Broadband Association

Retrieved on: 
Tuesday, May 23, 2023

SOMERSET, N.J., May 23, 2023 /PRNewswire/ -- VCTI , the broadband and network technology experts, today announced that it has joined the Fiber Broadband Association (FBA).

Key Points: 
  • SOMERSET, N.J., May 23, 2023 /PRNewswire/ -- VCTI , the broadband and network technology experts, today announced that it has joined the Fiber Broadband Association (FBA).
  • "The Fiber Broadband Association welcomes VCTI to its membership.
  • Our association thrives on the knowledge, hard work, and collaboration of our members, and we know that VCTI will be an asset to our organization," said Gary Bolton, President and CEO at the Fiber Broadband Association.
  • "Working as part of the Fiber Broadband Association will benefit our customers as we join forces with other organizations dedicated to quick, effective, and efficient broadband deployment to benefit all."

VCTI Announces Appointment of Scott Widham to Board of Directors

Retrieved on: 
Tuesday, March 28, 2023

SOMERSET, N.J., March 28, 2023 /PRNewswire/ -- VCTI, the broadband and network technology experts, today announced the appointment of visionary telecom executive Scott Widham to the company's Board of Directors. Widham is Chairman of Houston-area fiber broadband provider Ezee Fiber and has served as chief executive at a number of regional and vertical service providers including Alpheus Communications, Cobridge Communications, and Broadwing. He brings extensive experience in the broadband sector, with a deep understanding of service provider pain points, and the intricacies of funding and planning market expansion strategies.

Key Points: 
  • SOMERSET, N.J., March 28, 2023 /PRNewswire/ -- VCTI , the broadband and network technology experts, today announced the appointment of visionary telecom executive Scott Widham to the company's Board of Directors.
  • As the race to bring reliable broadband to all continues to drive high levels of activity, the opportunity for VCTI continues to grow.
  • We are very honored to have Scott join our Board of Directors."
  • Among his many accomplishments, Widham has successfully raised more than $2B in capital for rural and suburban service provider expansions.

VCTI CEO To Discuss Broadband Deployment Strategies at Connected America Conference

Retrieved on: 
Wednesday, March 22, 2023

SOMERSET, N.J., March 22, 2023 /PRNewswire/ -- VCTI , the broadband and network technology experts, will discuss the critical data analytics and insights needed to develop a strong fiber deployment strategy at the inaugural Connected America conference, taking place March 28-29 in Dallas.

Key Points: 
  • SOMERSET, N.J., March 22, 2023 /PRNewswire/ -- VCTI , the broadband and network technology experts, will discuss the critical data analytics and insights needed to develop a strong fiber deployment strategy at the inaugural Connected America conference, taking place March 28-29 in Dallas.
  • Connected America will bring together communications service providers at the national, state, and local level alongside the public sector, enterprise verticals and suppliers to discuss the how and why of improving broadband coverage in America.
  • VCTI is participating as a silver sponsor, and CEO Raj Singh will participate in a panel discussion , "The Path to Full Fiber," at 11:30 am on March 28.
  • At the Connected America conference, VCTI will be sharing key learnings from this work and the sophisticated market and network cost optimization enabled by its Broadband Investment Optimization data analytics and fiber deployment planning platform.

Broadband Expansion Fuels Significant Growth for VCTI

Retrieved on: 
Tuesday, February 21, 2023

SOMERSET, N.J., Feb. 21, 2023 /PRNewswire/ -- Capping off an exciting year for broadband expansion in the United States, VCTI , the broadband and network technology experts, today announced several growth milestones achieved in 2022.

Key Points: 
  • SOMERSET, N.J., Feb. 21, 2023 /PRNewswire/ -- Capping off an exciting year for broadband expansion in the United States, VCTI , the broadband and network technology experts, today announced several growth milestones achieved in 2022.
  • Driven by interest in the company's Broadband Investment Optimization (BIO) offering, VCTI grew its customer base of broadband service providers by more than 25 percent and extended engagements with existing customers, increasing BIO revenue by more than 100 percent.
  • With increased activity in light of the anticipated BEAD funding and responses to the FCC maps, broadband service providers are focused on prioritizing key markets and understanding the business case and cost of expansion.
  • Most gratifying, each existing customer for software services has extended and expanded engagements for software development and testing support from VCTI.