jeff thompson president and ceo of towerstream
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4G and the Broadband Stimulus: Closing the Digital Divide. Jeff Thompson President and CEO of Towerstream. Towerstream delivers high speed wireless Internet access to businesses. Towerstream Background. - PowerPoint PPT PresentationTRANSCRIPT
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Jeff ThompsonPresident and CEO of Towerstream
4G and the Broadband Stimulus:
Closing the Digital Divide
![Page 2: Jeff Thompson President and CEO of Towerstream](https://reader035.vdocuments.net/reader035/viewer/2022062807/56815201550346895dc042e6/html5/thumbnails/2.jpg)
Towerstream delivers high speed wireless Internet access to businesses.
![Page 3: Jeff Thompson President and CEO of Towerstream](https://reader035.vdocuments.net/reader035/viewer/2022062807/56815201550346895dc042e6/html5/thumbnails/3.jpg)
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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
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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
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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
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• Price– 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
Why 4G?
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What’s Next?
• Delivery of funds to first tranche grant winners
• Second and third tranche applications
• Delivery of networks
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