VANCOUVER — Lite Access Technologies Inc., a company that specializes in the use of micro/narrow trenching technologies to deploy fibre-optic networks, announced today it has signed a contract valued at approximately $13.6 million with the City of Brooks, Alberta, for the installation of a next-generation fibre broadband network.
Brooks is building its own 10 Gbps broadband network, which Cartt.ca first told readers about here. Lite Access signed an early start agreement with the city for this project in October 2021.
“Partnered with best-in-class organizations, IBI Group, O-Net and Community Network Partners Inc., Lite Access will be responsible for the installation of a reliable, cost-effective, and future proof broadband telecommunications network that meets the current and future needs of the residents and businesses of Brooks,” reads a press release.
The first phase of the project is expected to start in April 2022 and will focus on the construction of the backbone network. Once the first phase is completed, the second phase will immediately follow “and will provide individual connections to residents as well as businesses with construction expected to be completed by December 2023,” the release says.
“Lite Access will be invited to bid on additional phases of the project that are to be awarded over the next couple of years,” the release adds.
“This contract represents a major milestone for our company and we would like to congratulate all our partners as well for successfully reaching this deal,” said Greg Smith, chairman and interim CEO of Lite Access, in the release. “A contract of this size demonstrates confidence in our strong operating capabilities and ability to deliver quality projects, accordingly it is with great pride that we will play a major role in bringing broadband speeds to the homes and businesses of Brooks.
“This is the largest Canadian award in our company’s history and validates our strategic decision to focus on North America and its significant market potential. We are off to a strong start in 2022 and our expanding sales pipeline has us remaining optimistic for the rest of the year and beyond.”
