Towerstream Adds Five Buildings to Its On-Net Fixed Wireless Service Offering
March 31 2015 - 8:00AM
Towerstream (Nasdaq:TWER), a Fixed Wireless Fiber Alternative
provider, announced the addition of five buildings to its On-Net
Fixed Wireless Service offering. Businesses located in these
buildings now have access to 100 Mbps of dedicated, symmetrical
Internet connectivity, backed by an industry leading SLA (service
level agreement), for $699 per month.
"We are excited to continue growing our portfolio of On-Net
buildings in response to strong demand from building owners,
property managers, and businesses," stated Jeffrey Thompson, CEO.
"Fixed wireless connectivity has proven to be faster than
fiber, more reliable, and quicker to install. We plan to continue
adding On-Net locations throughout 2015."
"Internet connectivity options are viewed by current and
prospective tenants as a key feature of the services that our
buildings provide," stated Michele Campbell, building manager of
Deco Tower Associates. "Offering best-of-class services is critical
to keeping our buildings at high occupancy levels and we are
pleased to be working with a top tier wireless provider like
Towerstream."
On-Net buildings leverage Towerstream's fixed wireless network
built high above each city. The dense, mesh architecture is highly
redundant and reliable with short distance connections to
Towerstream's fiber backbone in each city. Building owners and
property managers recognize the importance that current and
prospective tenants place on the quality of internet service
provided at their business location. As a result, they are
providing access to their network services room where Towerstream
installs the equipment required to provide every business at that
location with 100 Mbps at a market-leading price of $699 per
month.
Businesses utilize the Internet to improve operating
efficiencies. As businesses continue to drive processes and systems
to the cloud, their needs for bandwidth capacity are rising
exponentially. Towerstream's 100 Mbps offering is designed to fully
address the needs of every business at a price only marginally
higher than historically charged by traditional providers for a T-1
connection which is only 1.5 Mbps.
Building owners or property managers interested in providing 100
Mbps of Internet access to their business tenants can get more
information at: http://www.towerstream.com/property-owner
Businesses interested in finding out if your building is a
Towerstream On-Net building, click here:
http://www.towerstream.com/promotions/100mbps-only-699mo
About Towerstream Corporation
Towerstream Corporation (Nasdaq:TWER) is a leading Fixed
Wireless Fiber Alternative company delivering high-speed Internet
access to businesses. To date the company offers its 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. In 2014, Towerstream launched its On-Net
fixed wireless service offering building owners and property
managers a redundant and reliable dense urban network that directly
connects with Towerstream's fiber backbone. On-Net building tenants
have access to 100 Mbps of dedicated, symmetrical Internet
connectivity, with a premier SLA, for an industry-leading price of
$699/month. 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
Towerstream (CE) (USOTC:TWER)
Historical Stock Chart
From Aug 2024 to Sep 2024
Towerstream (CE) (USOTC:TWER)
Historical Stock Chart
From Sep 2023 to Sep 2024