Network Connex CEO, Chris Larocca, was recently featured in a Fierce Telecom article speaking about the current state of the labor market and the potential that customers may struggle to secure capital or borrowing approval to carry out planned fiber expansions. Chris noted that despite the challenges of today’s economy, Network Connex revenue has been growing at 30-40% per year, bolstered by a recent acquisition of resources and opportunities in the Pacific Northwest which is a hotspot for data center and residential fiber deployments. Network Connex’s strong financial position, and continued backing and guidance by Orix Capital Partners, helps instill trust in potential customers and keep new opportunities coming. Chris ends with an observation that if the capex market slows down, that would indicate a true market concern for him. Read the full article here.
If the Network Connex team can assist with your fiber network design, build, or expansion, reach out to one of our experts for support with ISP, OSP, or engineering & professional services.