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Jeff Thompson President and CEO of Towerstream

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.

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Jeff Thompson President and CEO of Towerstream

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  1. 4G and the Broadband Stimulus: Closing the Digital Divide 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 • 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

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

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