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Wednesday, July 30, 2014 7:08:39 PM
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Penny Stock Mobsters Thursday New Case Profile $CIGW
CIGW - CIG Wireless Corp.
CIGW May Financials Knock It Outa the Park!
5/23/2014 CiG Wireless Corp Announces First Quarter 2014 Results
Revenue for the three months ended March 31, 2014 was approximately $1.6 million compared to approximately $0.5 million in the same period of the prior year.
The increase in revenues of over $1.0 million or 200% was attributable to the acquisition of 100 towers and the construction of three towers during 2013 and the first quarter of 2014.
The addition of 100 towers to the Company's portfolio was accomplished through the acquisition of 38 constructed towers from Liberty Towers, LLC in August 2013, the acquisition of 49 constructed towers from Southern Tower Antenna Rental, LLC completed in multiple transactions, the acquisition of 12 constructed towers from PTA, FLA, Inc. completed in multiple transactions and the acquisition of one constructed tower from Fidelity Towers, Inc.
Read More: http://pennystockmobsters.com/alerts/cigw-20
Website: http://www.cigwireless.com/
CIG Wireless Corp. develops, operates, and owns wireless and broadcast communication towers in the United States. The company’s business consists of leasing antenna space on multi-tenant communication sites to wireless service providers. The company’s tower infrastructure can accommodate multiple customers for antennas necessary for the transmission of signals for wireless communication devices.
As of December 31, 2012, the company owned 67 wireless communication towers in 17 states that are online and now have increased the towers to 159 in commercial service; and now has presence in 29 states.
The U.S. wireless infrastructure sector has experienced unprecedented growth over the last decade as more and more people upgrade to 3G and 4G mobile devices such as cell phones, tablets, and laptops. CiG Wireless (CIGW), currently with 140 towers and growing, is well-positioned to capitalize on this high-growth consumer trend.
The company’s portfolio of towers consists of towers that were either acquired on the open market or through the awarding to the company of carrier tower projects. The company has the ability to add new tenants and new equipment for existing tenants on its sites.
The company’s tenants include large national wireless carriers that operate national or regional networks, including AT&T, Sprint, Verizon Wireless, and T-Mobile; governmental and public entities, such as Homeland Security, local police and fire departments, and port authorities; and utilities. The company’s tenant leases are generally for an initial term that ranges between 5 and 10 years with 3-5 renewal options of 5 years each.
Security Details http://www.otcmarkets.com/stock/CIGW/company-info
News Disclaimer:
(Press Releases have not been investigated by Penny Stock Mobsters, therefore, we have no idea if the content of this news is based on Fact or Fiction. Although the link for the following press release may be from a familiar and reputable news source, you should NOT assume that a press wire hosted by a website you are familiar with is accurate just because it is on their site. Penny Stock Mobsters will not be held responsible for any news release, including and not limited to misleading or non-factual content, or the accuracy of the identity of the given source of the press release.)
PR Newswire (Fri, May 23)
CiG Wireless Corp Announces First Quarter 2014 Results
http://finance.yahoo.com/news/cig-wireless-corp-announces-first-200500010.html
Contact
CIG Wireless Corp.
5 Concourse Parkway, Suite 3100
Atlanta, GA, 30328
www.cigwireless.com
future@cigwireless.com
Phone: +1 (678) 332-5000
Fax: +1 (678) 332-5050
This Alert Brought to you by Penny Stock Mobsters
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Penny Stocks are very volatile and with investing in any security there is always risk.
Always Educate yourself and do your own Due Diligence before investing in ANY Security. Sources: http://www.bloomberg.com - http://www.finance.yahoo.com - http://www.businessweek.com - http://www.otcmarkets.com/marketActivity/current-otc-market
(these are only sources and not always up to date)
CIGW - CIG Wireless Corp.
CIGW May Financials Knock It Outa the Park!
5/23/2014 CiG Wireless Corp Announces First Quarter 2014 Results
Revenue for the three months ended March 31, 2014 was approximately $1.6 million compared to approximately $0.5 million in the same period of the prior year.
The increase in revenues of over $1.0 million or 200% was attributable to the acquisition of 100 towers and the construction of three towers during 2013 and the first quarter of 2014.
The addition of 100 towers to the Company's portfolio was accomplished through the acquisition of 38 constructed towers from Liberty Towers, LLC in August 2013, the acquisition of 49 constructed towers from Southern Tower Antenna Rental, LLC completed in multiple transactions, the acquisition of 12 constructed towers from PTA, FLA, Inc. completed in multiple transactions and the acquisition of one constructed tower from Fidelity Towers, Inc.
Read More: http://pennystockmobsters.com/alerts/cigw-20
Website: http://www.cigwireless.com/
CIG Wireless Corp. develops, operates, and owns wireless and broadcast communication towers in the United States. The company’s business consists of leasing antenna space on multi-tenant communication sites to wireless service providers. The company’s tower infrastructure can accommodate multiple customers for antennas necessary for the transmission of signals for wireless communication devices.
As of December 31, 2012, the company owned 67 wireless communication towers in 17 states that are online and now have increased the towers to 159 in commercial service; and now has presence in 29 states.
The U.S. wireless infrastructure sector has experienced unprecedented growth over the last decade as more and more people upgrade to 3G and 4G mobile devices such as cell phones, tablets, and laptops. CiG Wireless (CIGW), currently with 140 towers and growing, is well-positioned to capitalize on this high-growth consumer trend.
The company’s portfolio of towers consists of towers that were either acquired on the open market or through the awarding to the company of carrier tower projects. The company has the ability to add new tenants and new equipment for existing tenants on its sites.
The company’s tenants include large national wireless carriers that operate national or regional networks, including AT&T, Sprint, Verizon Wireless, and T-Mobile; governmental and public entities, such as Homeland Security, local police and fire departments, and port authorities; and utilities. The company’s tenant leases are generally for an initial term that ranges between 5 and 10 years with 3-5 renewal options of 5 years each.
Security Details http://www.otcmarkets.com/stock/CIGW/company-info
News Disclaimer:
(Press Releases have not been investigated by Penny Stock Mobsters, therefore, we have no idea if the content of this news is based on Fact or Fiction. Although the link for the following press release may be from a familiar and reputable news source, you should NOT assume that a press wire hosted by a website you are familiar with is accurate just because it is on their site. Penny Stock Mobsters will not be held responsible for any news release, including and not limited to misleading or non-factual content, or the accuracy of the identity of the given source of the press release.)
PR Newswire (Fri, May 23)
CiG Wireless Corp Announces First Quarter 2014 Results
http://finance.yahoo.com/news/cig-wireless-corp-announces-first-200500010.html
Contact
CIG Wireless Corp.
5 Concourse Parkway, Suite 3100
Atlanta, GA, 30328
www.cigwireless.com
future@cigwireless.com
Phone: +1 (678) 332-5000
Fax: +1 (678) 332-5050
This Alert Brought to you by Penny Stock Mobsters
Contact us admin@pennystockmobsters.com
Newsletter Sign Up http://www.pennystockmobsters.com
Get Free Text Alerts to Your Phone!
Text "Mobsters" to 31279
Follow Us on Twitter
http://twitter.com/PennyStkMobster
Follow Us on Facebook
http://www.facebook.com/PennyStockMobsters
Follow us at PennyStockTweets
http://www.pennystocktweets.com/profile/PennyStockMobsters
Penny Stocks are very volatile and with investing in any security there is always risk.
Always Educate yourself and do your own Due Diligence before investing in ANY Security. Sources: http://www.bloomberg.com - http://www.finance.yahoo.com - http://www.businessweek.com - http://www.otcmarkets.com/marketActivity/current-otc-market
(these are only sources and not always up to date)
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