Clearwire
ITEM 2. Management’s Discussion and Analysis of Financial Condition and Result of Operations
This Management’s Discussion and Analysis of Financial Condition and Results of Operations and other parts of this quarterly report contain forward-looking statements that involve risks and uncertainties. Forward-looking statements can also be identified by words such as “anticipates,” “expects,” “believes,” “plans,” “predicts,” and similar terms. Forward-looking statements are not guarantees of future performance and our actual results may differ significantly from the results discussed in the forward-looking statements. Factors that might cause such differences include but are not limited to those discussed in the subsection entitled Forward-Looking Statements and Factors That May Affect Future Results and Financial Condition below. The following discussion should be read in conjunction with our financial statements and notes thereto included in this report. Information presented herein is based on the nine month periods ended September 30, 2009. Our fiscal year end is December 31.
Company Overview
Juniper Group, Inc. is a holding company (herein after referred to as “We,” “Us,” “Our,” “Juniper” or “the Company”). Our business is composed of two segments (1) broadband installation/wireless infrastructure services and (2) film distribution services. Currently, film distribution services consist of a financially insignificant portion of our operations. The Company’s headquarters are located in Boca Raton, FL and our business is conducted through several subsidiaries.
The Company’s predominant focus is on broadband installation and wireless infrastructure service. These services are conducted through Juniper Services, Inc. (“JSI”), which is wholly owned by Juniper Entertainment, Inc. (“JEI”), a wholly owned subsidiary of the Juniper Group, Inc..
Management’s strategic focus is to support the growth of its operations by increasing revenues, managing costs and creating earnings growth. The Company’s strategy is to seek strategic acquisitions to guarantee its growth in the broadband and wireless infrastructure business. The Company is directing its infrastructure services and its marketing effort to a national customer base utilizing subcontractors.
Broadband Installation and Wireless Infrastructure Services
The Company’s broadband installation and wireless infrastructure services are conducted by Tower West and Ryan Pierce both are wholly owned subsidiaries of JSI. The Company’s wireless broadband and wireless installation services are performed on a national basis. Tower West’s services are aimed at supporting the demand in the deployment and maintenance of wireless and tower systems services with leading telecommunication companies. Ryan Pierce’s services are aimed at providing site surveys, tower construction, microwave system and software installations for leading telecommunications companies.
Tower West’s operations primarily consist of infrastructure services for the maintenance of broadband and wireless towers and other structures. Tower West is able leverage its abilities to perform its infrastructure services on a nationwide basis by using local subcontractors in various regions that it obtains contracts throughout the United States. As a result of using subcontractors, Tower West should be capable of providing its services anywhere within the United States.
Our current clients include: Clearwire, , currently in process of building out nationwide mobile WIMAX network and is on track to cover over 120 million people in 80 markets by the end of 2010, BCI Communications, Inc., American Tower, Maxton Technology, and Communication Construction Group, supporting Verizon on the FTTP Path Creation (FIOS) project. Tower West’s dynamic business protocol has added a new dimension to the Company’s overall business abilities. We expect to utilize our new abilities to provide our wireless and broadband infrastructure services nationwide.
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