NTS reports small loss, revenues improving - KCBD NewsChannel 11 Lubbock

NTS reports small loss, revenues improving

NTS Communications NTS Communications

One of Lubbock's biggest employers reported a small loss to investors this week. NTS Inc. reported a net loss of $339,000 which works out to one penny per share for the first quarter of 2012. 

Revenue from high speed fiber customers is up more than 38% compared to this same time last year. The fiber allows for  phone, internet, and digital video services. 

Last year NTS began laying fiber in Tahoka, Lamesa, Plainview, Abernathy and Hale Center. And just recently NTS began signing up fiber customers in the towns of Lamesa, Wilson and Meadow. The Company now has a fiber network in 12 West Texas communities.

 Copyright 2012 KCBD. All rights reserved.

Powered by Frankly