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President and CEO of Towerstream

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Presentation on theme: "President and CEO of Towerstream"— Presentation transcript:

1 President and CEO of Towerstream
Industry Perspective January 20, 2010 Jeff Thompson President and CEO of Towerstream

2 Towerstream delivers high speed wireless Internet access to businesses.

3 Towerstream Background
Delivers high-speed, wireless broadband to businesses in the largest U.S. markets using 4G High-margin, recurring revenue model with substantial network capacity We own and control our entire network Offers simple products that customers can understand and buy over the phone

4 Broadband Stimulus Background
Why do we need it? Expanding access to broadband for all Americans Program overview BTOP vs. BIP What’s available? Benefits Economic – jobs, jobs, jobs! Lower priced broadband Productivity gains Underserved/unserved areas How does the government define it? Urban AND rural

5 The Application Process
Requirements for applicants Shovel ready Net neutral 20% match Where are we now? 2,200 organizations applied Seeking a total of $28 billion Service providers (including Towerstream) Cities and towns Non-profit organizations

6 Why 4G? Price Future proofed networks Speed
Wireless technology is always less expensive to deploy than wire line Cheaper to maintain and repair More bang for the government’s buck! Future proofed networks 4G is the future of communications Allows for new applications with mobility and portability in mind Speed Wireless offers a faster roll-out than wire line Networks will be faster with 4G – users can do more Create jobs more quickly with a sustainable technology Jeff

7 What’s Next? Delivery of funds to first tranche grant winners
Second and third tranche applications Delivery of networks

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