80 likes | 193 Views
White Space Backhaul: An Investor Perspective. Pacific Capital Group. Los Angeles based investment firm; 1985 Disruptive/innovative technologies Capital, strategic & operational expertise. Need, Problem, Solutions. Demand for increased capacity/coverage
E N D
Pacific Capital Group • Los Angeles based investment firm; 1985 • Disruptive/innovative technologies • Capital, strategic & operational expertise
Need, Problem, Solutions • Demand for increased capacity/coverage • Farm, Healthcare, Operations, Security, Transport • Rural broadband facing challenges • Solutions: Fiber, Cable, BPL, LTE, WiMAX, TVWS
Opportunities • Approx 275k cell towers in US • 350k femtocells in US • Grants, loans, and guarantees • US ARRA (2009): $7.2b for broadband • Vast foreign opportunities • Value Created (end-user) vs Captured (investor)
Value Chain Hardware Chips / Comm Infrastructure M 2 M Databases Developers
TV WS Risks • Demand for bandwidth; Applications • Substitute technologies • Financing and CapEx – Stimulus dependence • Competition & Regulatory • Barriers to Entry / IP • ROI / IRR considerations