Towerstream Examining Strategic Alternatives
Towerstream, which offers a fixed-wireless alternative to fiber, said Monday its board is examining possible strategic repositioning. Towerstream said it hired Bank Street Group as its independent financial adviser as it explores strategic alternatives. "After reviewing the core assets of…
Sign up for a free preview to unlock the rest of this article
Timely, relevant coverage of court proceedings and agency rulings involving tariffs, classification, valuation, origin and antidumping and countervailing duties. Each day, Trade Law Daily subscribers receive a daily headline email, in-depth PDF edition and access to all relevant documents via our trade law source document library and website.
the company, the Board has decided to work much more closely with other operators which have had a difficult time penetrating important markets," said CEO Ernest Ortega. "Towerstream's footprint in a dozen Tier 1 markets enable it to reach nearly 400,000 buildings. We already provide high speed broadband services to over 2,800 buildings in those markets, and carriers are looking to our leading footprint as a means of serving their own customers."