O2 Secure Wireless, Inc. Enters Into a Fiber Broadband Network Agreement With the City of Palm Coast Florida
February 15 2011 - 10:23AM
Marketwired
O2 Secure Wireless, Inc. (PINKSHEETS: OTOW)
announces that the Company has secured a Broadband Network
Agreement with the City of Palm Coast Florida, representing a
market potential in the range of 38,000 households, allowing for
the Company's connection to the City's fiber network enabling the
delivery of the most advanced, state of the art, LTE broadband
network to the residents of Palm Coast, Bunnell and Flagler Beach
Florida.
The packages are designed to be priced competitively with the
median revenue per client to be estimated at $90 to $100 per
month.
With O2 Secure Wireless having recently taken control of
Earthcom Wireless Inc.'s domestic operations, this service network
agreement represents the achievement of an important corporate
milestone. With this agreement in place O2 Secure Wireless can
begin delivering "triple play" services domestically, signifying
the achievement of a goal that the company has recently been
exceedingly driven to accomplish.
"This is a great step forward in our domestic operations as a
company. The territory that we have secured is sufficiently
populated to consider this agreement a substantial stride toward
generating (or contributing to) a significant domestic revenue
stream. This is our 'flagship' community for specific development
plans, which encompasses much more than just providing broadband
services, with expansion to nearby communities we expect the range
of potential households to exceed 55,000 by the end of the first
year. We are also currently in negotiations with 5 additional
communities that have the potential market of 185,000 homes
combined," stated Val Kazia, President, Earthcom Service Inc.
About O2 Secure Wireless: O2 Secure
Wireless is a Company that is currently developing numerous
wireless tower facilities in the U.S. The Company is also
instrumental in the development of wireless broadband communication
services domestically. Under a recent merger with Earthcom Service
Inc., the Company is currently being structured to provide
affordable flat rate pre-paid wireless services in developing
countries internationally.
Safe Harbor Act: This release may contain
"forward-looking statements" within the meaning of Section 27A of
the Securities Act of 1933, as amended, and Section 21E the
Securities Exchange Act of 1934, as amended and such
forward-looking statements are made pursuant to the safe harbor
provisions of the Private Securities Litigation Reform Act of 1995.
"Forward-looking statements" describe future expectations, plans,
results, or strategies and are generally preceded by words such as
"may," "future," "plan" or "planned," "will" or "should,"
"expected," "anticipates," "draft," "eventually" or "projected."
You are cautioned that such statements are subject to a multitude
of risks and uncertainties that could cause future circumstances,
events, or results to differ materially from those projected in the
forward-looking statements, including the risks that actual results
may differ materially from those projected in the forward-looking
statements as a result of various factors, and other risks
identified in a company's annual report.
For more information visit our website at
http://earthcomservice.com or contact Investor Relations: Gibraltan
Financial (407)830-9777
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