Towerstream Adds Ernest Ortega to Board of Advisors
January 07 2016 - 9:00AM
Towerstream Corporation (NASDAQ:TWER), a Fixed Wireless Fiber
Alternative provider, announced that it has added Ernest Ortega,
formerly Chief Revenue Officer at Cogent Communications, to its
Board of Advisors.
Mr. Ortega is the current Senior Vice President of Sales
North America at Colt Technology Services, responsible for all
North American sales initiatives. He was previously Chief Revenue
Officer at Cogent Communications and prior to that served as
Executive Vice President of Sales and Marketing at XO
Communications.
“Ernest brings a wealth of relevant experience and achievement
that directly benefits Towerstream’s On-Net strategy,” said Jeff
Thompson, CEO. "Not only did Ernest build one of
Cogent's largest sales forces for its On-Net offering, he
significantly increased productivity while stabilizing employee
turnover during his tenure. Ernest’s guidance and expertise will
accelerate our growth strategy and it’s a great pleasure to have
him join our team.”
“Towerstream has all of the key components needed to rapidly
grow its On-Net offering. First, with its fixed-wireless footprint
in dense urban markets, Towerstream can light a building with
fiber-like multi-gig service in a matter of days, not months, and,
for much less capital cost,” said Ernest Ortega. “The final step in
the process is to ensure that we develop an aggressive go-to-market
strategy to leverage Towerstream’s On-Net assets as well as taking
advantage of their speed-to-market building initiative. I believe
the opportunity for Towerstream to scale its On-Net offering is
endless.”
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.
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-Finetwork 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.
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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