Broadband Infrastructure Company ByVerTek Augments Finance Team to Better Serve Its Cable and Telecom Clients

OCTOBER 4, 2023 — BOCA RATON, Fla. — Broadband construction and engineering services company ByVerTek today announced it has augmented and restructured its Finance department to better meet the needs of its large MSO and Telco corporate clients as well as support the company’s growth objectives. The company has brought on Terrique Anderson as Controller and promoted Russ Nidy to Senior Vice President of Finance and Operations.

“The large communication corporations we serve demand accurate real-time metrics and seamless integration with their billing systems,” said Mr. Nidy. “We are investing to make that a competitive point of difference for ByVerTek.”

Founded in 2014, ByVerTek provides project management and skilled technicians to build, upgrade and maintain the physical infrastructure that delivers high-speed internet, video, voice and wireless, and IoT services across the United States.  In June 2023 the company obtained an investment from Diversity Capital Company, LLC through its affiliate, Diversity Capital Fund I L.P. This investment will help ByVerTek better meet the federal government’s commitment to expanding the digital highway, and also qualify it as one of the largest, MBE-certified diverse suppliers in the sector.

“Russ has been instrumental in helping ByVerTek achieve a position as one of the leading fiber construction and installation suppliers in the country,” said ByVerTek Founder and Chief Executive Officer Andrew J. Healey. “Now we’re giving him the people and resources to take things to the next level.”

Terrique Anderson’s appointment to Controller represents a key new Finance hire for ByVerTek. Mr. Anderson’s previous roles include Chief Financial Officer for Moguldom Media Group, ranked #11 of the 100 fastest-growing media companies by INC Magazine; Chief Operations Manager (COO) for Green and Solar Microcities, LLC; Financial Controller for the Fisher Island Community Association and more.

About ByVerTek Enterprises, LLC

ByVerTek Enterprises, LLC and its subsidiaries, ByVerTek, LLC and IoT ByVerTek, LLC support large MSOs and telcos, overbuilders, municipal power companies and other clients who build, upgrade and maintain the physical infrastructure that delivers high-speed internet, video, voice and wireless services. The company manages and performs projects related to the aerial underground construction and engineering functions that carry these services, from residential and commercial builds to state-wide fiber network expansions. (For more information, please visit ByVerTek.com.)

For more information, please contact:

Mason W. Wiley
Director of Marketing | ByVerTek
mwiley@byvertek.com
(323) 632-1811

 

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