FTWR - Some DD
Been watching for awhile looking for bottom. They look to be bleeding money, but the fanboys are saying they are going to finally reach positive cashflow this year. They are in an attractive sector. I think they deal with 4G type technology.
FiberTower Corporation is a backhaul and access transport provider focused primarily on the wireless carrier market. With its extensive spectrum footprint in 24 GHz and 39 GHz bands, carrier-class microwave and fiber networks in 13 major markets, customer commitments from six of the leading cellular carriers, and partnerships with the largest tower operators in the U.S, FiberTower is considered to be the leading alternative carrier for wireless backhaul.
FiberTower was formed in 2000 to address the weakest link in rapidly evolving wireless networks - backhaul. Backhaul is defined as the all-important transport piece between a carrier’s cell site (base station at the cell tower) and its switching facility.
Due to the rollout of mobile broadband access networks, bandwidth demand in the wireless network is rising exponentially, putting considerable strain on a decades-old copper infrastructure designed to backhaul voice traffic. Today, with the advent of wireless data, carriers seek scalable, flexible and cost-effective backhaul alternatives that will support their 3G and 4G broadband initiatives. Such alternatives, including microwave and fiber, are the new evolution in wireless backhaul.
AI
