Broadband provider in New Jersey, led by Raj Singh, announces milestone in service

0
- ADVERTISEMENT -
Raj Singh, CEO of VCTI. Photo: company website @vcti.io

Somerset (New Jersey) : VCTI , the broadband and network technology experts,  announced in early November that to-date, the company has supported nearly $1 billion in Broadband Service Provider subsidy applications and bids.

In a Nov. 2, 2022, press release through PRNewswire, VCTI noted that its analytics and optimized network plans allow service providers to submit detailed, highly credible bids that are based on accurate service data by location, and realistic cost projections.
The company which is led by Raj Singh, has a portfolio of Broadband Service Provider Investment Optimization services support expansion plans with detailed economic analysis, under and unserved location mapping services, network plans and infrastructure information, the press release said.

“VCTI’s ability to provide empirical data – and a true picture of bandwidth and households served within a community – makes us uniquely positioned to help FTTH and Fixed Wireless providers partner with communities to effectively and efficiently identify areas of need and apply for grants to upgrade and expand their networks,” VCTI CEO Raj Singh is quoted saying in the press release. “We are approaching USD 1 billion worth of grants filed by our customers with our support. We are thrilled to be working with some of the largest MSOs and ILECs, as well as some of the most innovative new entrants, to deepen their community partnerships and drive broadband access across North America,” Singh added.

Broadband service providers pursuing grant funding for network upgrades and expansions have frequently had to rely on disparate and inconsistent location data and high-level cost assumptions to understand service speeds and prospective network build costs, VCTI noted.

Basing grant proposals on imperfect data can be problematic for both service providers  and for local government officials who want to demonstrate that they are directing grant monies to the areas of most need.

With VCTI’s broadband investment services, these companies can submit grant proposals that are more credible, the company maintains.

The company partners with broadband service providers and technology companies globally. It is a privately held company headquartered in the U.S. with offices in India, the press release said.

Share

LEAVE A REPLY

Please enter your comment!
Please enter your name here