This is Fred Ball for Zions Bank, speaking on business.
With the click of a button, it's easy to log onto the Internet, if you have Internet access of course. Precis Communications, a Utah-based cable system company in Price, is making it possible for more people in rural Utah to log on. Precis offers its customers analog and digital cable television, and high-speed Internet access.
During their first two years of operating, Precis Communications has provided service to more than 14,000 residential and small business owners in rural communities in Utah, Nevada and Arizona. The company's largest markets include Wendover, Price, Moab, Gunnison, Mt. Pleasant and Richfield. Precis Communications currently operates in 42 rural Utah communities.
In 2002, Precis Communications acquired Peak Cablevision, a subsidiary of Cox Communications. After the sale, Precis upgraded its existing system and invested more than $6 million. Precis also built a $1.2 million satellite up-link facility where local broadcast signals are uploaded and distributed to customers in a crystal clear format at no additional cost.
Dan Ryan, CEO of Precis Communications, says the company has showed its loyalty to Utah. Most of the employees are residents of the communities in which they work and are familiar with the people. Dan tells me this has helped the company build relationships with each community. The company's 40 employees are working hard to build clientele and get new areas up and running. When problems arise with the cable systems, company employees continue working until the problem is fixed.
Dan says there is a high demand for broadband access in rural areas of Utah, Arizona and Nevada, and Precis Communications is looking for ways they can install broadband while keeping costs down.
For Zions Bank, I'm Fred Ball. I'm speaking on business.