Followers | 351 |
Posts | 13836 |
Boards Moderated | 19 |
Alias Born | 12/31/2004 |
Wednesday, October 06, 2010 4:58:42 PM
Deal expected to generate substantial revenue in 2009 and have immediate
impact on OIBDA
NEW HOPE, Minn.--(BUSINESS WIRE)--September 16, 2009--
Multiband Corporation (NASDAQ:MBND) has signed a national contracting
Agreement with a major satellite broadcasting entity. The Agreement provides
for the installation and servicing of the video components for network
services for the provider. Significant construction activity is planned for
the current fiscal year, with follow-on business expected for 2010 and
beyond. The contract is expected to have an immediate impact on operating
performance, with the first project already completed in Texas in the third
quarter of 2009.
"The contract win and scope and scale of the projects associated with the
program further illustrate Multiband's advantageous competitive positioning
in its targeted markets of satellite broadcasting and broadband
communications. Further, it is evidence of our close alignment with our
major customers and partners and provides additional growth opportunities
for our Company. It will have an immediate impact on our revenues and
operating income," said Jim Mandel, CEO of Multiband Corporation.
About Multiband Corporation. Multiband Corporation (www.multibandusa.com) is
the largest DIRECTV installation provider and an enabler of video and
triple-play solutions to the MDU segment. The company employs approximately
3,900 professionals, has over 30 Field Offices, and serves customers in all
48 of the lower continental U.S.
CONTACT: Multiband Corporation
Jim Mandel, CEO, 763-504-3000
SOURCE: Multiband Corporation
Copyright Business Wire 2009
Transforming Alzheimer's Treatment: Innovative Combinations to Boost Cognition • PFE • Oct 2, 2024 9:00 AM
Unitronix Corp Unveils Cryptocurrency Investment Portfolio Strategy • UTRX • Oct 2, 2024 8:40 AM
Integrated Ventures, Inc Reports Total 2024 Revenues Of $5,863,935 vs $3,862,849 for 2023. • INTV • Oct 1, 2024 9:00 AM
Nightfood Signs Letter of Intent to Acquire Los Angeles Cooking School, Integrating Automation and Robotics with World-Class Culinary Training • NGTF • Oct 1, 2024 8:30 AM
ZenaTech, Inc. (NASDAQ: ZENA) To Commence Trading Today • COOP • Oct 1, 2024 7:00 AM
Element79 Gold Corp secures loi for launching tailings reprocessing business in Arequipa, Peru • ELMGF • Oct 1, 2024 6:38 AM