TowerStream Corp. (TWER)

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TowerStream Turning The Corner With Doubling Revenues

TowerStream's Revenues More than Doubled Through Their Shared Wireless Infrastructure Subsidiary's Like Hetnets Tower Corporation
Also
3rd Qtr TowerStream Adds Another New Cable Customer Also Shared Wireless revenues to increase between $600,000 to $900,000 in total
From Jeffrey M. Thompson
The positive user experience has resulted in active discussions with multiple cable companies about providing similar services in other franchise markets. We believe the success of cable Wi-Fi networks will keep our teams busy, as the cable consortium plans to expand their Wi-Fi hotspots from approximately 200,000 hotspots to 500,000 hotspots. Wi-Fi continues to increases as an important tool to help networks relieve congestion and to lower the cost per bit. Approximately 70% of mobile data use is indoors and a majority of that indoor use is Wi-Fi. When Wi-Fi networks are in a controlled environment, such as venues or indoor, it has exceptional cost and bandwidth capabilities. We have almost 5,000 buildings lit with our backhaul, which includes our Fixed Wireless customers. We believe this positions us very well and have demonstrated successful indoor Hotspot 2.0 gigabit trials that we can replicate at very large scale.
We are pleased to report another solid quarter, and specifically, Hetnets Tower Corporation, our Shared Wireless Infrastructure subsidiary's revenues more than doubled.

During the third quarter, we began to ramp our first rent-based tenant on our neutral host Wi-Fi network. We expect to see continued growth in Q4, as we get a full quarter of revenue with our cable partners.
Throughout the third quarters, customers of multiple cable companies have been accessing our Wi-Fi network in New York City. We are pleased with the network performance and have seen significant jump in unique devices and traffic
http://seekingalpha.com/article/1834532-towerstream-management-discusses-q3-2013-results-earnings-call-transcript?part=single