SW
Innovative Holdings Becoming
Wireless
Broadband Internet Service Provider
Dramatic Increase in Customer Acquisition
Opportunities for (OTC:SWHI)
Houston, TX,
-- January
10,
2019 -- InvestorsHub NewsWire -- SW
Innovative
Holdings,
Inc. dba
"Everybody's
Phone
Company"
(www.EverybodysPhoneCompany.com)
(OTC:
SWHI)
is
expanding
operations
to
become
a
new
technology
Fixed
Wireless
Broadband
Internet
Service
Provider
in
partnership
with
www.SaasWireless.com.
This
development
will
widen
the
scope
of
Everybody's
Phone
Company
future
revenue
base,
and
customer
reach,
significantly.
Qualifications
have
been
met
regarding
capabilities
that
are
required
of
both
parties,
as
well
as
satisfying
the
business
case
for
their
relationship.
The
next
steps
are
for
the
service
partners
to
select
SWHI's
initial
fixed
wireless
ISP
service
territory,
to
specify
equipment
characteristics
for
that
territory
and
to finalize
customer
service
packages,
with
customer
pricing,
for
launch
purposes.
These
final
decisions
will
permit
the
definitive
agreement
and
contract
to
be implemented.
Operating
details
are to
be finalized
in Q1
2019 and will
be
announced
accordingly.
Everybody's
Phone
Company
has
until
now
specialized
in
providing
conventional
landline
telephone
service
to
Texas consumers,
licensed
by
the
State
of
Texas Public
Utilities
Commission,
with
primary
focus
on
those
who
are
credit
challenged
or
unbanked.
The
expansion
into
new
fixed
wireless
broadband
strengthens
SWHI
by
adding
a
new
dimension
of
revenue
growth
to
the company
and
an
enlarged
geographic
footprint,
including
rural
service
opportunities.
This
growth
of
business
scope
arises
from
SWHI's
existing
strategic
plan,
disclosed
in
SWHI's
Q3
2018 corporate
filings,
to provide
SWHI
shareholders
with
growing
shareholder
value.
Everybody's
Phone
Company's
expertise
with
the
credit
challenged
market
will
aid
its
growth
in
this
new
internet
service
market.
Up to
30% of
the population
of
Texas is
considered
to
be credit
challenged.
Credit
issues
restrict
the
range
of
choices
available
to
consumers.
National
figures
confirm
that
a
credit
challenged
status
is
widespread.
Everybody's
Phone
Company
has
developed
a
proprietary
model
of
month-to-month,
no contract,
no credit
check
advance
payment
operation
that
is
more
flexible than
conventional
subscription
programs
offered
by
the
largest
providers.
Providing
this
new
fixed
wireless
internet
service
option
to
consumers,
as well
as
enabling
credit
challenged
consumers
in
that
territory
to
obtain
service,
represent
competitive
advantages
to
SWHI from
the
outset
in this
new initiative.
The
new generation
of
smaller
U.S.
fixed
wireless
broadband
service
providers,
which
Everybody's
Phone
Company
will
now
also
become,
constitutes
a
dynamic
growing
segment
within
a
field
previously
dominated
by
large
incumbant
suppliers.
Industry
experts
anticipate
double
digit
annual
growth
for
new
smaller
operators
like
SWHI
who
identify
fixed
wireless
niches
both
in
geographic
location
and
customer
service
policies
that
fill
gaps
underserved
by
the
largest
companies.
SWHI's
is
well-positioned
to
profit
within
this
emergent
field
by
means
of
its
strategic
alliance
with
a
strong
technical
service
partner.
Research
into
the
structure
of
the new
fixed
wireless
broadband
industry
reveals
that
approximately
4
million
U.S.
subscribers
are
now
served
through
smaller
emerging
niche
operators.
The tailored
nature
of
these
market
opportunities
can
provide
profitability
with
as
few
as
1,000 subscribers
a
figure that
is
readily
attainable
according
to
statistics
compiled
by
the
The
Carmel
Group
on
behalf
of
the Broadband
Wireless
Access Industry.
Its
most
recent
industry
outlook
states
that
"many
BWA
leaders
interviewed
for
this
study
indicated
their
"ideal"
deployment
occurs
in
residential
clusters
of 100
to 1,500 locations
per
square
mile,
areas
that
wired
technology
platforms
often
ignore
because
of
the higher
per-location
cost
to
deliver
service
across
sparsely
populated
areas."
Experts
estimate
the
number
of
subscribers
growing
rapidly
for
the
foreseeable
future.
Sector
revenue
is
expected
to
reach
over
$4
Billion
as
a whole
by
the
end
of
2019. SWHI
management
is
targeting
$85
per month
per
subscriber
on
the
upside,
giving
itself
room
to
make
adjustments
if
necessary.
SWHI's
entry
into
the
field
of
fixed
point
wireless
broadband
internet
service
represents
Stage
I
of SWHI's
recently
reported
plan
to
expand
its
business
vision
toward
innovative
technical
and
social systems.
This
means
that
SWHI
will
not
merely
deploy
technology
that
is
innovative,
but
also
target
ways
in
which
positive
social
outcomes
can
result
as
a business
premise.
The goal
is
greater
penetration
of
niche demographics
that
generate
an
above
average
revenue
per
customer
and
loyalty.
Along
these
lines,
SWHI
is
also
exploring
new
initiatives
in
the categories
of
progressive
payment
instruments
and
fundraising
technologies
for
social
organizations
and
affinity
groups.
SWHI's
over-arching
objective
is
to
ease
access
to
financial
products
and
other
services
for
constituencies
who
are
overlooked
or
underserviced,
despite
these
customers
being
lucrative
in
the right
business
model.
SWHI CEO,
Norman George, comments
"In
my
years
of
experience
in
telecommunications,
I have
never
seen
a
better
time to
be an
ambitious
up-start.
The concept of 'Everybody's
Phone
Company'
as a place where
millions
of
credit
challenged
and
other
Americans
can
be served
with
enthusiasm
rather
than
distain,
and enjoy
excellent
technical
service
too,
is
exciting.
We
do
appreciate
the
tremendous
behind-the-scenes'
technical
partnerships
that
make
this
possible.
The largest
companies
don't
have
the time
and inclination
to
focus
on
credit
challenged
customers,
or
other
special
needs
niches
so
they
appreciate
us
as
well
for
what
we
can
deliver
together.
It's
a
perfect
fit
and
should
make
our
shareholders
happy
in
due
course
too".
ABOUT
SW INNOVATIVE
HOLDINGS,
INC.
SW Innovative Holdings, Inc.,
d.b.a. Everybody's Phone Company (the
"Company"), began offering local and long
distance telephone service on a prepaid basis in the
Houston, Texas area.
This market niche addresses the practical need for credit
challenged persons to have access to traditional telephone
service. Since the change of name to SW
Innovative Holdings, Inc in 2014, plans have been under development
to expand the range of the Company's operational interests and
holdings either within the existing scope of telecommunications or
beyond, wherever the Company's inherent expertise, systems,
associations and resources provide logical growth opportunities.
Such opportunities arise not only from the Company's traditional
operations, but also from general business conditions in which new
technological and social trends present points of entry. For this
reason, the Company has adopted the catchphrase "Innovative
Technical and Social Systems".
For further
information, please contact the
company
at (713)
268-1610
or by email
at Info@EverybodysPhoneCompany.com
Safe Harbor
Statement
Certain information contained in
this press release, including any information as to our strategy,
plans or future financial or operating performance and other
statements that express management's expectations or estimates of
future performance, constitute "forward-looking statements" within
the meaning of Section 27A of the Securities Act of 1933 and
Section 21E of the Securities Exchange Act of 1934. All statements,
other than statements of historical fact, are forward-looking
statements. The words "believe," "expect," "will," "anticipate,"
"contemplate," "target," "plan," "continue," "budget," "may,"
"intend," "estimate," "project" and similar expressions identify
forward-looking statements. Forward-looking statements are subject
to risks and uncertainties that could cause actual results to
differ materially from those expressed in the forward-looking
statements, including, but not limited to, certain delays beyond
the company's control with respect to its plans or operations. Our
actual results may differ materially from the results anticipated
in these forward-looking statements due to a variety of factors,
including, without limitation those set forth as "Risk Factors" in
our filings with the SEC which can be found at www.sec.gov. There
may be other factors not mentioned above or included in the
Company's SEC filings that may cause actual results to differ
materially from those projected in any forward-looking statement.
The Company disclaims any intention or obligation to update or
revise any forward-looking statements whether as a result of new
information, future events or otherwise, except as required by
applicable law.