Towerstream Teams With Alcatel-Lucent for Small Cell Services Agreement
May 29 2014 - 8:00AM
Towerstream Corporation (Nasdaq:TWER), a leading 4G and Small Cell
Rooftop Tower company, today announced a small cell services
teaming agreement with Alcatel-Lucent (Euronext Paris:ALU)
(NYSE:ALU) enabling a one-stop solution for carriers to deploy
Small Cell wireless infrastructure.
The agreement, which leverages Towerstream's Fixed Wireless and
Small Cell assets (marketed under its HetNets Tower Corporation
subsidiary) gives Alcatel-Lucent access to locations and services,
including high-capacity backhaul, power, and mounting rights, to
instantly meet its customers preferences and technical needs.
"Alcatel-Lucent's expertise and relationship with carriers puts
our real estate assets on a quick path to small cell deployments,"
said Jeff Thompson, Chief Executive Officer. "Alcatel-Lucent has
proven to be a leading designer of wireless networks. The
combination of their market experience and customer base coupled
with our 5000 plus locations, immediately available on-site high
capacity backhaul, and pre-built infrastructure allows us the
opportunity to instantly meet the needs of carriers whether it be
an all encompassing build-out or a la carte solutions."
"Scaling the deployment of metro cells requires that we simplify
site acquisition, power accessibility, and backhaul connectivity.
By adding Towerstream to our Metro Cell Express Site Certification
program we have greatly expanded our ability to help our customers
accelerate small cell sites on-air, helping them to build the ultra
broadband wireless networks that their subscribers demand," said
Mike Schabel of Alcatel-Lucent.
Through this agreement, both Alcatel-Lucent and Towerstream will
work together to support each other in preparing customer proposals
and projects and either can sign up carriers as the general
contractor while working with the other on a sub-contractor
basis.
About Towerstream Corporation
Towerstream (Nasdaq:TWER) is a leading 4G and Small Cell Rooftop
Tower company. The company owns, operates, and leases Wi-Fi and
Small Cell rooftop tower locations to cellular phone operators,
tower, Internet and cable companies and hosts a variety of
customers on its network. Towerstream was originally founded in
2000 to deliver fixed-wireless high-speed Internet access to
businesses and to date offers broadband services in 12 urban
markets including New York City, Boston, Los Angeles, Chicago,
Philadelphia, the San Francisco Bay area, Miami, Seattle,
Dallas-Fort Worth, Houston, Las Vegas-Reno, and the greater
Providence area. For more information on Towerstream services,
please visit www.towerstream.com and/or follow us @Towerstream.
The Towerstream Corporation logo is available at:
http://www.globenewswire.com/newsroom/prs/?pkgid=6570
About HetNets Tower Corporation
HetNets Tower Corporation ("HetNets") was formed in January 2013
as a wholly owned subsidiary of Towerstream Corporation
(Nasdaq:TWER), and offers a neutral host, shared wireless
infrastructure solution, either independently or as a turnkey
service. Its wireless communications infrastructure is available to
wireless carriers, cable and Internet companies in major urban
markets where the explosion in mobile data is creating significant
demand for additional capacity and coverage. HetNets offers a
carrier-class Wi-Fi network for Internet access and the offloading
of mobile data. Its street level rooftop locations are ideal for
the installation of customer owned small cells including DAS, Metro
and Pico cells. Other solutions provided by HetNets include
backhaul, power, and related small cell requirements. More
information is available at http://www.hetnets.com.
Safe Harbor
Certain statements contained in this press release are
"forward-looking statements" within the meaning of applicable
federal securities laws, including, without limitation, anything
relating or referring to future financial results and plans for
future business development activities, and are thus prospective.
Forward-looking statements are inherently subject to risks and
uncertainties, some of which cannot be predicted or quantified
based on current expectations. Such risks and uncertainties
include, without limitation, the risks and uncertainties set forth
from time to time in reports filed by the Company with the
Securities and Exchange Commission, including, without limitation,
risk related to our ability to deploy and expand small cell rooftop
tower locations in the New York City and other key markets.
Although the Company believes that the expectations reflected in
such forward-looking statements are reasonable, it can give no
assurance that such expectations will prove to be correct.
Consequently, future events and actual results could differ
materially from those set forth in, contemplated by, or underlying
the forward-looking statements contained herein. The Company
undertakes no obligation to correct or update any forward-looking
statements, whether as a result of new information, future events
or otherwise.
CONTACT: INVESTOR CONTACT:
Monica Gould
The Blueshirt Group
212-871-3927
monica@blueshirtgroup.com
MEDIA CONTACT:
Todd Barrish
Indicate Media
917-861-0089
todd@indicatemedia.com
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