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January 31, 2013

Super Wi-Fi Summit Brings Out the Big Boys Including Towerstream

With the FCC making unlicensed spectrum ranging from 50MHz and 700MHz bands newly accessible, being able to utilize "white-space spectrum," also known as Super Wi-Fi, for wireless broadband connectivity is allowing consumers, enterprises, service providers and device manufacturers to see many benefits.

 Just yesterday, Towerstream, a wireless service provider touted as powering advanced, high speed Internet access to companies in nearly every vertical, has made the public aware that President and CEO Jeff Thompson will be attending the Super Wi-Fi Summit that is currently taking place and will be wrapping up tomorrow, February 1st at the Miami Beach Convention Center in Miami Beach, Fla.

Held in conjunction with ITEXPO Miami 2013, this not-to-miss event brings together service providersincluding MSO's, Cellco's, WISPs and ISP's and really everyone and anyone interested in technology in a forum that can be leveraged to collaborate on ideas and discuss new solutions and products. 

Thompson will be speaking during a session titled, "Small Cells: Filling the Void with Spectrum Sharing and Priority Use” on Friday, February 1 from 10:00 to 10:45 a.m. Other industry leaders who will be present at the enlightening session include: Peter Flynn, product and program manager, Texas Instruments; Raj Singh, GM, Wireless Broadband Group, Cavium; and Barlow Keener, principal, Kenner Law Group, who will serve as moderator.

The panelists will be highlighting how the increasing popularity of small cells are taking over macro cells and enabling urban areas dominated by smartphones to react accordingly.

Founded in 2000, Towerstream powers broadband services currently in 12 urban markets, including New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Nashville, Las Vegas-Reno and the greater Providence area. It owns its entire network, and in turn, doesn’t have to rely upon a phone company for any functions.

Broadband options from the wireless organization include 1.5Mbps to 1.5Gbps that support VoIP, cloud computing, bandwidth on demand, wireless redundancy, VPNs, disaster recovery and video services, according to the company’s website.

In related company news, Towerstream recently revealed that it inked an underwritten public offering, encompassing 10,000,000 Common Stock shares that will be priced at only $3.00 each, making them easily attainable to the public. In addition, the firm has allowed underwriters to decide if in 45-days they want to buy nearly 1,500,000 more shares. The deal is officially slated to close on February 5, 2013, if everything goes according to plan, of course.

Edited by Allison Boccamazzo

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