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News: HMMR announces deal with NASDAQ company (LPSN)
Hammer and LivePerson Announce Integration to Deliver Conversational Commerce
, N.J., July 23, 2019 (GLOBE NEWSWIRE) -- Hammer Fiber Optics Holdings Corp’s (OTCQB: HMMR) announced that it will provide its customers conversational communication and digital commerce services in collaboration with LivePerson, Inc (NASDAQ:LPSN), a global leader in conversational commerce. Hammer will begin to offer LiveEngage to its retail customers, and LivePerson will leverage Hammer’s worldwide SMS network to expand its messaging distribution capabilities.
“LiveEngage is the premier customer communications platform in the market,” said Kristen Vasicek, Hammer’s COO, who is responsible for marketing and product development for Hammer’s OTT services. “The platform will provide Hammer users access to the investment that LivePerson has made in customer engagement, while leveraging our global messaging infrastructure.”
“Brand to customer conversations continue to rapidly move to messaging channels,” said Andrew Lezon, Senior Director, Channel Sales and Partner Programs at LivePerson. “With Hammer’s global reach and reputation as an innovator of digital technologies, we're excited to bring conversational commerce to their growing client base.”
Hammer brands, including 1stPoint Communications, Hammer Wireless and HiWAAY Information Services will offer these services across multiple markets, including the United States, West Africa and the Caribbean. “LivePerson has an incredible track record in the marketplace and their robust LiveEngage platform will help Hammer’s customers grow their E-commerce business,” said Erik Levitt, Hammer’s CEO. “Communication and content in all its forms should be the domain of the telecommunications carrier in the digital age. We want to deliver a suite of content and services on our network that will help our clients grow their business and be part of a greater solution to achieve tremendous social impact.”
About Hammer
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact our Investor Relations Team at info@hammerfiber.com.
About LivePerson, Inc.
LivePerson makes life easier by transforming how people communicate with brands. Our 18,000 customers, including leading brands like HSBC, Orange, and The Home Depot, use our conversational commerce solutions to orchestrate humans and AI, at scale, and create a convenient, deeply personal relationship — a conversational relationship — with their millions of consumers. For more information about LivePerson (NASDAQ: LPSN), please visit www.liveperson.com.
Customers include a wholesale CLEC with 50 million numbers
That is a lot of potential SMS messages on which HMMR gets a tiny fee each day.
Even if HMMR got .01 a day for all those numbers that's $500k each day
News Out: HMMR Expands its SMS and Over-the-Top Services
PISCATAWAY, N.J., July 16, 2019 (GLOBE NEWSWIRE) -- Hammer Fiber Optics Holdings Corp’s (OTCQB: HMMR) announced today that it has expanded its Over-the-Top services. The 1P-SMSC, offered by Hammer’s subsidiary, 1stPoint Communications continues to experience rapid growth, adding three new Hosted SMSC customers in the past month alone. Customers include a wholesale CLEC with over 50 million numbers for which 1stPoint will provide SMS enablement, a well established nationwide unified communications provider and a smaller regional service provider in the New York metro area. Hammer recently announced the expansion of its international messaging footprint, with coverage in markets such as Spain, France, the United Kingdom and Israel, where Hammer subscribers can enjoy voice, text, video, conferencing and collaboration capabilities. Hammer will be expanding its OTT offerings to include MMS capabilities in the coming quarter.
“The underlying platform for our Everything Wireless strategy, which includes our wholesale voice, wholesale SMS and hosting services will continue to provide revenue to Hammer as we finalize the construction of our fixed wireless networks in West Africa and the Caribbean,” said Kristen Vasicek, Hammer’s COO, who is responsible for marketing and product development for Hammer’s OTT services. “Our 1P-SMSC and related services provide high margin, sustainable revenue and are a critical part of our long term strategy to provide value to fixed wireless subscribers in the future.”
Hammer will provide high-speed fixed wireless services to its subscribers using its licensed patented Air© Technology and leverage its capabilities as a mobile network operator to provide value added services to its fixed wireless subscribers worldwide. “It is not only important to provide high speed access to customers in the West African, Caribbean and US markets, but also to provide services on that network that the global citizen will consume,” said Erik Levitt, Hammer’s CEO. “We have the opportunity to expand the traditional role of the Internet Service Provider in the digital age. We believe that enhanced services such as multi-media texting, RCS, mobile payment services, the next generation of crypto currencies and digital identity will be the domain of the network service providers in the long term. The underlying service provider has a distinct advantage in providing those services,” added Levitt.
About Hammer
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact our Investor Relations Team at info@hammerfiber.com.
Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995.
Interesting news in Africa... this can be a game changer for HHMR
https://qz.com/africa/1656262/google-facebook-building-undersea-internet-cable-for-africa/
Moving up now....almost profitable
net Loss decreased to $77,833....this is gonna turn profitable this quarter. load up here cause about to take off.
HMMR starting to run!
HMMR is moving on up with a very talented management team most notably - the CEO .. I like what I hear from the posted interview.thanks .. 5G is now upon us .. "Triple play" capability will ROCK..
Go HMMR!!
HMMR earnings out (near profit)
Big jump in revenues, expenses down, and so super close to profitable.
Add in new service coming online this yelecom play could be going profitable this quarter....load up!
HMMR Interview (June 7, 2019)
https://wallstreetanalyzer.com/2019/06/07/hammer-fiber-optics-holdings-corp-otc-hmmr/
News Out: Africa deployment
Hammer Fiber Optics Holdings Corp Moves Forward in Sierra Leone and With Global Messaging Network
Press Release | 06/04/2019
PISCATAWAY, N.J., June 04, 2019 (GLOBE NEWSWIRE) -- Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced today that it has progressed in the completion of both its Sierra Leone fixed wireless network as well as the expansion of its global SMS messaging network.
The first point of presence in Freetown, Sierra Leone is nearing completion, with all of the in-building deployment and construction having been completed. Once final delivery of intercompany telecommunications infrastructure has been accepted, the network will be live. “We will begin accepting orders from business customers shortly,” said Michael Cothill, Hammer’s Chairman. “Our high speed access network will deliver unparalleled quality.” The network will have in-country diversity and is constructed to the best available modern standard for the region.
Hammer plans to offer local access to other global operators on a wholesale basis. Carrier customers will have the option of accepting delivery of services in Freetown or at certain European points of presence, either as point-to-point facilities or in-country Direct Internet Access.
While construction is progressing on networks in West Africa and with its partners in the Eastern Caribbean, Hammer’s subsidiary, 1stPoint Communications, has continued building out its robust SMS messaging platform. Building on its US messaging network and nationwide CMRS license, 1stPoint is adding several international direct routes to tier one operators worldwide. As these interconnections are completed, messaging services are being offered to Hammer’s existing retail customers as well as on a wholesale basis. These services, which are part of the foundation of the “Everything Wireless” strategy, will continue to grow in advance of the deployment of fixed wireless and mobile data networks. “Our unique approach to each market allows us to establish profitability in a market on an accelerated basis,” said Erik Levitt, Hammer’s CEO.
“The integration of the four pillars of Everything Wireless is critical to our success,” said Kristen Vasicek, Hammer’s COO. “High speed fixed wireless, using Hammer’s patented Air™ Technology, mobility, OTT and smart city can be provided as one single platform to end users and operator partners through our Mobile Network Services Provider program.” The MNSP program allows MSOs, wireless carriers, wireless ISPs or traditional telecommunications operators to commission wireless networks without the capital expense or investment in personnel with the expertise necessary to operate a sophisticated wireless infrastructure. “Both partnerships and direct operator licenses will be part of Hammer’s strategy on an ongoing basis,” added Levitt. “We look forward to working with more partners in the coming months.”
About Hammer
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact our Investor Relations Team at info@hammerfiber.com.
Sprint rockets on T-Mobile merger approval
FCC has approved Sprint / T-Mobile merger, and this could be positive for smaller telecom plays to become buyout targets as well....like HMMR
April Dominica and Africa come online
Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) has begun construction of its networks in Sierra Leone and Dominica. The first phase of both networks, which includes the deployment of wholesale voice and SMS services in each market, is progressing on schedule. POP selections have been made and network equipment has either been delivered in country or is en route into the market. Hammer announced that the first services in these markets would be available in its third fiscal quarter, ending April 2019.
8K: HMMR moving close to profitable!
Revenues in the second quarter increased to $877 thousand from $52 thousand in the same period in the prior year, a 1,686% increase. Loss from operations decreased from $1.019 million in the same period in the prior year to $122 thousand in the second quarter of this fiscal year, an 88% decrease. The growth is mostly due to the acquisitions of 1stPoint Communications, Endstream Communications and Open Data Centers.
Although such revenues and growth are not guaranteed, the Company expects that growth in the short to medium term will come from the implementation of the wholesale voice network in Dominica, Jamaica and Sierra Leone, and then from revenues associated with wireless subscriptions and OTT services in those same markets as it investigates further opportunities in west Africa, the Eastern Caribbean and the United States.
Jamaican newspaper article
Woke to wake up Jamaica's telecoms market
http://www.jamaicaobserver.com/sunday-finance/woke-to-wake-up-jamaica-s-telecoms-market_159071?profile=1056
Boost for Jamaican wireless services (article)
https://www.developingtelecoms.com/telecom-technology/wireless-networks/8357-boost-for-jamaican-wireless-services.html
News: Wireless Services in Jamaica!!!
Hammer Fiber Optics Holdings Corp and WCI Announce LOI to Provide Wireless Services in Jamaica
PISCATAWAY, N.J., Feb. 26, 2019 (GLOBE NEWSWIRE) -- Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) and WCI announced the signing of their second LOI to provide fixed wireless, mobile data, voice and SMS services in Jamaica. As planning and construction is underway in Sierra Leone and Dominica, Hammer and WCI continue their expansion plans in the Caribbean. According to the terms of the LOI, Hammer Wireless and WCI will jointly own Woke Communications, their local Jamaican subsidiary.
As part of the transaction WCI will provide the licensing, legal and regulatory framework, as well as day-to-day in-country staffing. Hammer will provide the equipment, engineering, remote-management and NOC as well as certain back-office functions. Glen Simon and Sean Partington, WCI’s partners, will be joined by Erik Levitt and Kristen Vasicek from Hammer Wireless. Further details of the transaction will be announced upon signing a definitive agreement.
Woke has obtained the necessary licenses and spectrum grants to offer fixed wireless, mobile data and smart city services on the island. “We are very excited to be working with our partners at WCI on a second project,” said Erik Levitt, Hammer’s CEO. “The Caribbean will be a strong market for us moving forward.”
“We look forward to continuing our work with Hammer’s team,” said Glen Simon, the CEO of Woke. “Our combined team has a great deal of experience in the market, and we are poised to grow at a rapid pace.”
“This latest announcement shows that our Mobile Network Service Provider program can be deployed effectively across multiple markets with a variety of individual use cases,” commented Kristen Vasicek, Hammer’s COO. Hammer announced the MNSP program in July of 2018. The program provides a template for small and mid-sized operators to deploy fixed wireless, mobile networks, OTT or smart cities while minimizing their upfront capital expenditure.
Breaking through 200-day....huge!!!
HMMR breaking through major resistance line at 200-day...this could quick rush back above $1.00 here
HMMR = pre 5G play
breaking through 200-day!!!
HMMR breaking through 200-day trend line, huge!!!
http://schrts.co/gMTzWhgX
...this could trigger rapid climb towards $2.00 as momentum traders come in
Telecom service in Africa/Dominica by April 2019
Hammer Fiber Optics Holdings Corp Begins Network Deployment in Sierra Leone and Dominica
PISCATAWAY, N.J., Feb. 12, 2019 (GLOBE NEWSWIRE) -- Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) has begun construction of its networks in Sierra Leone and Dominica. The first phase of both networks, which includes the deployment of wholesale voice and SMS services in each market, is progressing on schedule. POP selections have been made and network equipment has either been delivered in country or is en route into the market. Hammer announced that the first services in these markets would be available in its third fiscal quarter, ending April 2019.
....chart is getting tight here with .70's now key breakout trigger above 200-day. This range total buy and hold area as this is going to be multi-dollars very soon
https://www.otcmarkets.com/stock/hmmr/quote
Huge News: Telecom service in Africa!!
HMMR is quickly becoming an international telecom company!!!
Hammer Wireless expands its International Growth Strategy and Secures its first Nationwide African Broadband License
PISCATAWAY, N.J., Jan. 23, 2019 (GLOBE NEWSWIRE) -- Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) announced today that it has formed its first African subsidiary, Hammer Wireless [SL] Ltd. to deliver its proprietary wireless broadband services to the African continent. Hammer Wireless was recently awarded a nationwide 28GHz license by the telecommunications regulator NATCOM. Hammer Wireless will deploy Sierra Leone’s first true high speed fixed wireless network. The first phase of the project will be co-financed by Hammer and Telecom Financial Services [SA] in Switzerland in exchange for equity in the subsidiary.
Construction of the new network is set to begin in March 2019 and will initially target Freetown, the nation’s most populous city, which has in excess of one million possible subscribers. As part of its Everything Wireless strategy, Hammer will expand the network in several phases, providing access to fixed wireless internet, video and voice applications all on one integrated high-speed network.
“The government of Sierra Leone’s ICT mandate is to significantly improve education and economic development through broadband penetration, which was measured at 3% nationwide by the ITU in 2018,” said Michael Cothill, Hammer’s Executive Chairman. “In deploying our AIR technology the government can meet its objectives.” Mr. Cothill has extensive experience in broadband deployment across the continent of Africa.
“The deployment in Sierra Leone marks our entry into our second, and largest, major geographical market,” said Kristen Vasicek, Hammer’s COO. “Our flexible model, which can include direct operator agreements as well as partnerships through our MNSP program, can be replicated throughout Africa, the Eastern Caribbean, in the United States and other parts of the world.”
“The breadth and scope of our team, which includes a combination of local expertise and global reach, is displayed prominently with this announcement,” said Erik Levitt, Hammer’s CEO, who also has experience deploying networks in Africa. “We want to improve the everyday lives of people worldwide. The global citizen deserves high speed access to the world’s greatest information resource.”
About Hammer
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact Frank Pena at fpena@hammerfiber.com
https://www.otcmarkets.com/stock/hmmr/news/Hammer-Wireless-expands-its-International-Growth-Strategy-and-Secures-its-first-Nationwide-African-Broadband-License?id=216242
Here we go .80's (chart)
HMMR making its move back up, and if it breaks the 200 day trend line here look out as this could quickly rally to $3.00 to $4.00 range!!!
HMMR chart
http://schrts.co/URKQNmVa
Moving up - hit .77 (chart)
http://schrts.co/EEnkITFs
Looks like goinjg to make new attempt towards the 200 day trend line. Break that and it could run big time!
HMMR
Ready to rally up from here (chart)
Bounce off 20 day trendline sets up retest of 200 day, which could send this running towards $2.00 range
http://schrts.co/SdTkzhFr
RSI back in the 50's...look for momentum traders to start moving back into HMMR at these levels.
next stop $1.00+
HMMR acquired 3.5 Ghz bandwidth (5G)
Valuing 5G Spectrum: Valuing the 3.5 GHz and C-Band Frequency Range
The 3.5 GHz and C-Band Frequency Range The 3.5 GHz band (3GPP Bands 42 and 43) has been identified by the European Commission as a 5G “pioneer” band. There is considerable interest globally in this band as well as the so called C-Band, particularly in around the 5.9 GHz sun-band. The 3.5 GHz band has already been assigned in a number of markets including the UK, Japan, Spain, Hungary, Latvia, Slovakia and Ireland and future awards are planned in Switzerland and other markets despite a high degree of uncertainty over standards, spectrum availability, use case and business models. There are currently a small number of commercial Band 42 networks operational with the largest being in London and Tokyo. Globally, a large number of other markets will also be assigning these frequencies over the coming years.
Use Cases, Revenue and Traffic Projections
The 3.5 GHz band, with its attractive dual ability to provide both coverage and very high capacity, means that it will play a major role in supporting the three different categories of 5G use: eMBB, mMTC and uRLLC.
Summary
Valuing 5G spectrum such as 3.5 GHz and the C-band is, in theory at least, straightforward. The value of 5G spectrum is simply the difference between the value of a business with the spectrum (the “with spectrum case”) and the value of the business without (the “no spectrum case”). The reality however is that operators will face significant challenges in valuing 5G spectrum and these challenges are likely to be encountered first in relation to the 3.5 GHz band. Mobile operators who see 5G as largely an evolution from 4G will find valuation challenging but those that regard 5G as the catalyst for a major change in strategy will find the valuation challenge even greater.
http://www.coleago.com/wp-content/uploads/2018/02/5G-and-3.5-GHz-Spectrum-Valuation-Paper.pdf
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) announced today that it has completed its acquisition of spectrum licensing in the 3.5 GHz band from 3.650 GHz 3.700 GHz. The spectrum was purchased earlier this year, pending transfer with the FCC, which is now complete.
https://www.otcmarkets.com/stock/hmmr/news/Hammer-Communications-receives-approval-of-FCC-license-in-35-GHz-CBRS-Band-completing-major-enhancement-of-the-companys-?id=195243
HMMR cloud-based platform
AI VentureTech Signs Deal to Build 5G Cloud Platform with Hammer Fiber Optics (HMMR)
(NEW YORK)--AI VentureTech, Inc. is pleased to announce it has signed an agreement with Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) for the development of a pre 5G Cloud Platform.
AI VentureTech plans to develop a cloud-based platform for A.I. developers off of Hammer Fiber’s new Mobile Network Services Provider (MNSP) network.
https://aiventuretech.com/0709-ai-cloud/
Hammer partnership with Go Long Wireless out of Sarasota, which holds a portfolio of spectrum.
Field teams currently being trained and deployed to begin building out for mid-2019.
http://www.golongwireless.com/2018/12/phase-i-complete-starting-phase-ii/
HMMR only buy yesterday!! Hang on 1.20 next!!
Sweeeeeeeeeet! Best daily price increase & Daily Volume since Sept 2018.
Init2 ...Win it
Yes, it BLASTED right through major resistance at around .70 like it was nothin' ...WOW !
Wow here comes .80's
It's like someone is panic buying into this as they know what's coming
Good call on the .34 breakout ..3X volume since your call ...HMMR is starting to heat up!
GLTA
Init2 ..Win it
Here it goes...breaking above .50
Break above .51 and could start to run....chart looks very bullish
https://www.cnbc.com/quotes/?symbol=hmmr
HMMR
Broke above .50 intraday (see chart)
While market been a mess HMMR has been secretly creeping upward
http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=hmmr&insttype=&freq=1&show=&time=6
Asking in the .50s
Market bottom, and HMMR looks like it wants to run with launch of service in Dominica...was asking .52 at open
https://www.otcmarkets.com/stock/hmmr/quote
News: HMMR launching telecom service in Dominica
Hammer Fiber Optics Holdings Corp Subsidiary Hammer Wireless and Wikibuli, Inc. to Provide Wholesale Voice and Wireless Services in Dominica
PISCATAWAY, N.J., Dec. 21, 2018 (GLOBE NEWSWIRE) -- Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) and Wikibuli, Inc. announced a definitive agreement to provide wireless telecommunications services in Dominica with a closing date of January 1, 2019. Wikibuli obtained its telecommunications license in Dominica in 2013, providing services on the island until September 2017. It temporarily halted services after catastrophic weather conditions caused severe damage to its infrastructure.
Wikibuli and Hammer are primed to begin construction of a new network infrastructure in January 2019. The network will be owned by Wikibuli and operated by Hammer under its Mobile Network Services Provider program. The initial agreement addresses the construction of the wholesale voice network, and creates the framework for the possible construction of LTE, Wi-Fi and fixed wireless infrastructure in subsequent phases of the project. Hammer’s proprietary Air™ technology will provide Wikibuli a unique high speed fixed wireless solution and a powerful backhaul technology for the proposed LTE and mobile Wi-Fi deployments. Hammer’s subsidiaries, 1stPoint Communications, Endstream Communications and Open Data Centers will provide the hosted switching services and wholesale gateway for Wikibuli’s next generation voice and SMS network. Wikibuli anticipates completion of the wholesale voice network by the end of February 2019.
As part of the agreement Hammer will purchase an equity interest in Wikibuli in exchange for cash and common stock of Hammer. Hammer CEO Erik Levitt and COO Kristen Vasicek, will join the Board of Directors of Wikibuli. “The transaction with Wikibuli is a template for how Hammer will execute on its vision,” said Erik Levitt.
Wikibuli co-founders CEO Sean Partington and COO Glen Simon, will remain on the Board of Directors of Wikibuli and will continue to manage the day-to-day business affairs of Wikibuli. “We are very excited to be working with the Hammer team,” explained Mr. Simon. “They have a strong track record of success and we have confidence in our combined capabilities.” The combined extensive Caribbean experience of Mr. Partington, Mr. Simon and Mr. Levitt bring a strong understanding of the region and marketplace enhancing the success of the project.
“This agreement is representative of the power of Everything Wireless,” said Kristen Vasicek, Hammer’s COO. Hammer’s Everything Wireless strategy includes four components: high speed fixed wireless, Over-the-Top technologies such as voice, video and SMS, mobility and smart city. The foundation of Everything Wireless is Hammer’s colocation, hosting and wholesale voice and SMS practice. Vasicek states, “Our combination of local understanding and global reach will be a key factor in our success. The partnership with Wikibuli proves that we have a strong framework on which to base projects that are currently under consideration. This model can be replicated throughout the Eastern Caribbean, in the United States and other parts of the world.”
About Hammer
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact Frank Pena at fpena@hammerfiber.com.
+15% to .30
Watch .34 as key breakout trigger on 50-day trendline
Could see rally into Dec. 17 merger closing
https://www.otcmarkets.com/stock/hmmr/quote
News: HMMR officially closes acquisition 1st Point
https://www.otcmarkets.com/stock/hmmr/news/Hammer-Fiber-Optics-Holding-Corp-Closes-the-Acquisition-of1stPoint-Communications-LLC-Open-Data-Centers-LLC-and-Shelcomm?id=209299
Hammer Fiber Optics Holding Corp Closes the Acquisition of 1stPoint Communications, LLC, Open Data Centers, LLC and Shelcomm
Press Release | 11/06/2018
PISCATAWAY, N.J., Nov. 06, 2018 (GLOBE NEWSWIRE) -- Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (OTCQB: HMMR) announced today that effective November 1, 2018 it has closed on the acquisitions of 1stPoint Communications, LLC, Open Data Centers, LLC and Shelcomm, Inc. the acquisition of Endstream Communications is pending regulatory approval. The terms of the acquisitions were released via an 8K on September 12, 2018 and amended on November 6, 2018. The structure of the acquisitions is both accretive and non-dilutive to common shareholders.
“Upon closing the acquisitions Hammer now has all of the components in place to begin to execute on its ‘Everything Wireless’ strategy,” said Erik Levitt, Hammer’s Chief Executive Officer. The newly acquired assets include strong intellectual property in over-the-top technology such as hosted carrier switching for both voice and SMS, CLEC licenses in Florida and New York, and a nationwide Commercial Mobile Radio Services License. Through its subsidiaries Hammer will complement its carrier offerings with a variety of hosting services including cloud computing, virtual servers, virtual desktop and collaboration tools that fully integrate voice, video, messaging and file sharing. Open Data Centers offers colocation from its Piscataway, NJ facility as well as its edge data center in Homewood, Alabama.
Hammer’s ‘Everything Wireless’ strategy will include four key services: high speed fixed wireless using the proprietary Hammer Wireless® AIR technology, Mobility, OTT and Smart City. “Our intention is to provide these services both directly to consumers as well as through unique programs such as the Mobile Network Service Provider (MNSP) program, announced jointly earlier in 2018,” said Kristen Vasicek, 1stPoint’s Director of Marketing.
“Wireless communications, mobility and cloud services represent the future of our industry,” said Levitt. “Whether it’s in the United States, developed or developing economies, Hammer’s breadth of services now has a place in markets worldwide.”
About Hammer
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, over-the-top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact Frank Pena at fpena@hammerfiber.com.
Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995
Need to break above .44
HMMR acquired spectrum licensing in the 3.5 GHz band from 3.650 GHz 3.700 GHz. Hammer Communications will leverage this spectrum to support Smart City, Wireless DOCSIS, Mobile to Mobile, Pre-5G, and Internet of Things applications.
Not much left till .50+
https://www.otcmarkets.com/stock/hmmr/overview
Whoa, someone hit market order by mistake!
HMMR dropped to .165 on little volume. Someone probably placed market order instead of limit
Argh, wish I had free cash and could get filled down here...id buy all I could. lmao, insane!!!
HMMR 5G Cloud Platform deal
AI VentureTech Signs Deal to Build 5G Cloud Platform with Hammer Fiber Optics (HMMR)
(NEW YORK)--AI VentureTech, Inc. is pleased to announce it has signed an agreement with Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) for the development of a pre 5G Cloud Platform.
AI VentureTech plans to develop a cloud-based platform for A.I. developers off of Hammer Fiber’s new Mobile Network Services Provider (MNSP) network.
Hammer Fiber recent acquisition of spectrum licensing in the 3.5 GHz band from 3.650 GHz 3.700 GHz is part of Hammer Communications efforts to deploy out its Wireless AIR technologies ability to support a variety of applications, such as this Cloud Platform under development.
Hammer Fiber recently launched their Mobile Network Services Provider (MNSP) program to leverage this spectrum to support Smart City, Wireless DOCSIS, Mobile to Mobile, Pre-5G, and Internet of Things applications.
With their wireless system already capable of working in the CBRS band, in conjunction with numerous other frequencies, Hammer Communications now has a head start in future CBRS development and has reached a major milestone in their "Everything Wireless" approach to broadband and data connectivity.
Some of the projects under consideration:
- Developers Cloud to Run AI Applications
- Internet of Things (IoT)
- API and Web Services for Developers
- Virtual Reality and Smart City Planning
- Data Analytics and Visualization Tools
- Voice Assistants and Natural Language Processing (NLP)
- Autonomous Vehicles, Drones, and Robotics
- Autonomous Vehicles and Driverless Car Tracking
Under the plan, AI VentureTech will develop a team of Data Science and cloud programmers to build applications off of the Hammer Fiber’s cloud broadband network.
Request More Information
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About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Communications, that offers internet, voice, video and data services in New Jersey, through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. The Hammer Wireless Air technology can support a variety of applications including mobile to mobile, wireless DOCSIS, IoT and Smart City support as well as pre-5G network applications. For more information visit http://www.hammerfiber.com
About 1stPoint Communications
1stPoint Communications provides integrated messaging, voice, data and mobile services for small businesses, enterprises and carriers. 1stPoint is committed to delivering all of the services businesses need to interact with their customers, employees and suppliers, providing its clients with A New Way to Work. For more information visit www.1pcom.net
About AI VentureTech, Inc.
AI Venturetech, Inc. is a technology startup accelerator that seeks to invest, or provide corporate advisory services, for companies primarily focused in the artificial intelligence, automation, and fintech technology industries. We offer our network of funds, and institutional investors, an ideal way to invest in early stage companies focused on automation and business analytics, data mining, artificial intelligence, visualization tools, and predictive modeling, and cloud advanced analysis. We work with our clients, and investment funds, for the ultimate goal of listing these projects on a public exchange. https://aiventuretech.com
Forward-Looking Statements This document contains certain statements that may be deemed “forward-looking” statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by law, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.
https://aiventuretech.com/0709-ai-cloud/
Please disregard my referred post (article dated from 2017)
I read this today in TOS (TD Ameritrade) news:
https://www.prnewswire.com/news-releases/hammer-fiber-chooses-rahway-new-jersey-as-introductory-market-for-new-gigabit-internet-service-300551678.html
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