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Provides broadband and wireless services to commercial customers.
ready to commission offload for 2 major carriers which will bring company to profiotability and rapid growth.
Investment in WIFI infrastructure in top 20 urban markets positions them to lease the services to AT&T and others where the network is becoming saturated with phones, notebooks, readers etc. This provides great wifi service where there is the most demand and it has already been built out.
I like streaming
10/03/11 Options Predictor Rank #9. P/C Ratio 0.018 and Call Sizzle 3.135.
Another company that should be put out of its misery. Just reading it's 10k is quite sad. Not only have they managed to post consistent losses since it's inception, but they project forseeable future losses. In fact, they do not know when or if they will ever become profitable. Another sign of danger: There is no other company that has been successful in delivering only wireless broadband to business customers only. I can only say this is an extremely risky company to invest in.
So why would a company that lost 53,000 last year, and had sales growth of 3.6% be worth buying? I'll tell you why, Growth Potential. They recently aquired another wireless provider, Speakeasy, in Seattle and have been using that as a base to expand wireless broadband connectivity in the city, adding it as their 8th Metropolitan Area that they service. Wireless Broadband will continue to be a growth industry for a few years still, and Towerstream is better positioned to take advantage of that than any other company right now. While there will be some difficult competition from major telecommunication companies, in the end Towerstream looks more like an ideal partner than a competitor. They have projected TRIPLE digit sales growth for the next two years due to their large investment in their sales staff. At close to 1 yr lows, this stock is a great buy.
growth looks real good
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