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LITE ACCESS TECHNOLOGIES SIGNS FIBRE INSTALLATION CONTRACT WITH CITY OF BROOKS VALUED AT APPROXIMATELY $13.6 MILLION
LITE ACCESS TECHNOLOGIES SIGNS FIBRE INSTALLATION CONTRACT WITH CITY OF BROOKS VALUED AT ...
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[{"type":"text","content":"\n \n \n \n LITE ACCESS TECHNOLOGIES SIGNS FIBRE INSTALLATION CONTRACT WITH CITY OF BROOKS VALUED AT APPROXIMATELY $13.6 MILLION\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n VANCOUVER, BC\n \n ,\n \n Feb. 22, 2022\n \n /CNW/ -\n \n LITE ACCESS TECHNOLOGIES INC.\n \n (the \"\n \n Company\n \n \") (TSXV: LTE) (OTC: LTCCF), a world leader in the fibre optic products and advanced installation methodologies, has signed a contract with the City of Brooks valued at approximately\n \n $13.6 million\n \n for the installation of a Next Generation Broadband Network.\n \n \n 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.\n \n \n Phase 1 of the project is expected to commence in\n \n April 2022\n \n and will focus on the construction of the backbone network. Once completed, Phase 2 will immediately follow and will provide individual connections to residents as well as businesses with construction expected to be completed by\n \n December 2023\n \n . Lite Access will be invited to bid on additional phases of the project that are to be awarded over the next couple of years.\n \n \n \n Greg Smith\n \n , Chairman and Interim CEO of Lite Access, commented, \"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. 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.\"\n \n \n Mr. Smith concluded, \"This is the largest Canadian award in our Company's history and validates our strategic decision to focus on\n \n North America\n \n and its significant market potential. We are of...