This represents an enormous opportunity for TierOne to protect its markets from interference created by new competitors and capitalize on the emerging potential of WiMAX technologies
Dallas (PRWEB) June 11, 2008
TierOne Networks today announced it had been granted a nationwide FCC license to operate in the 3.6 GHz spectrum. TierOne is one of a handful of companies holding a 3.6 GHz license thereby creating "first mover" advantage.
"This represents an enormous opportunity for TierOne to protect its markets from interference created by new competitors and capitalize on the emerging potential of WiMAX technologies," said, Kevin Weaver, President & CEO. "Our management team remains on top of emerging trends and is focused on creating long term shareholder value by staying ahead of the technology curve".
The Federal Communications Commission grants licenses to fixed and mobile operators in the licensed 3.6GHz (3.65-3.7GHz). A number of national, non-exclusive licenses will be offered, with each licensee authorized to operate on all 50MHz of the band. The FCC is explicitly opening the band for WISPs, particularly to stimulate broadband access in rural areas. The Commission also supported opening the spectrum to enable the operation of emerging WiMAX technologies.
Any new equipment that WISPs may deploy will have to use contention-based protocols to avoid interference. The use of these protocols is the condition for allowing higher power operations in the band - a peak of 25 watts per 25MHz bandwidth, or one watt per 25MHz for mobile. These high power limits are important for covering sparsely populated rural areas.
Operators will hold their licenses for 10 years and can renew, assign or transfer or share base stations.
About TierOne Networks | http://www.tocn.com
TierOne Converged Networks, Inc. is a next generation Wireless Internet Service Provider ("WISP") headquartered in Dallas, TX. TierOne's management and technical knowledge is positioned to dominate rural WISP markets in the southwestern U.S. We provide wireless broadband services to smaller or secondary rural markets that are underserved by the Incumbent Local Exchange Carriers ("ILECs") and cable TV operators. Our FCC Licensed Broadband Network delivers inexpensive, high speed, low latency internet to underserved areas in the DFW area. In addition to expanding its business through strong organic growth, TierOne Networks is pursuing an active acquisition strategy of WISPs to expand its operations and to augment its organic growth initiatives.
TierOne is interested in acquiring Texas-based WISPs.
Inquiries should be directed to Ronald Celmer, CFO at (214) 217-8626 ext 2031.
TierOne's Commercial Office Building Solution finally offers building owners & managers the ability to profit from the "Fourth Utility" while offering tenants enhanced lower priced services, high-speed bandwidth, mobility solutions, IP communications, and maximum flexibility. Building owners & managers will also increase the bottom line with cost savings in energy, lighting & HVAC systems, building security & access.
For more information please contact Kevin Weaver, CEO at (214) 217-8626 ext 2003 or for service call 1-866-551-1367.