(NEW YORK)–Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR), a leading communications system integrator and tower service provider, received an upgrade by Ludlow Research based on the launch of its Virtual Private Network (VPN) service as a play against Net Neutrality repeal.
Net Neutrality Repeal
The FCC recently repealed the long standing issue of Net Neutrality, which is the principle that Internet service providers should enable access to all content and applications regardless of the source, and without favoring or blocking particular products or websites.
In short with Net Neutrality now repealed Internet Service providers (ISP) can now charge you the consumer for access to certain content on the Internet, and even particular websites.
VPN Play on Net Neutrality
Hammer Fiber (HMMR) recently announced the launch of their Virtual Private Network (VPN) service. Customers of this service connect and utilize the internet through their own encrypted connection and Hammer Fiber’s VPN servers, allowing them private, unrestricted access. Utilizing Hammer Fiber’s robust server infrastructure, this platform will allow users unparalleled security, privacy and anonymity.
Daniel Corbe, Director of Network Operations at Hammer Fiber commented, “We wanted to make sure that our customers had a way to connect and surf the internet away from the scrutiny of internet service providers, even ourselves. Recently, the monitoring of internet usage and potential restriction on that usage have created a demand for customers to maintain their freedom.”
The launch of HMMR Virtual Private Network (VPN) could quickly put Hammer Fiber, and its stock, on a number of radars of champions for this cause as a play against the repeal of Net Neutrality.
Possible Acquisition Target
In July 2017, Hammer Fiber Optic Holdings Corp (HMMR) announced they had teamed up with Go Long Wireless, Ltd. (GLW), which holds 12 GHz Multichannel Video Distribution and Data Service (MVDDS) spectrum in 49 U.S. markets, reaching a population in excess of 29 million.
This new partnership enables Hammer Fiber to expand its successful business model of delivering a bundle of high speed broadband, TV, and VoIP phone service to these additional 49 markets, including underserved rural communities.
The Company’s ability to reach into 49 states, both urban and rural, could position Hammer Fiber as a potential acquisition target for last mile delivery for some of the bigger players in the space, like Google Fiber (NASDAQ:GOOGL) or AT&T AirGig (NYSE:T).
Case in point, take a look at what happened to Straight Path Communications, Inc. (STRP), an owner of much sought after bandwidth spectrum. STRP held a large inventory of 28 GHz and 39 GHz millimeter wave spectrum used in mobile communications that would give a new owner an advantage in 5G development. Well this set off a bidding war between Verizon (NYSE:VZ) and AT&T that sent Straight Path stock from around $35 a share to high of $230 in just one month.
Verizon and AT&T were seeking to gain an edge in the race to develop out a fifth-generation network (5G) that would offer faster downloads and boost internet-reliant products such as self-driving cars.
To download the report on HMMR please visit https://ludlowresearch.com/reports
Hammer Fiber was last closed Wednsday at around $4.00 per share, and is traded on the OTCQB Exchange under ticker symbol “HMMR”.
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About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Fiber, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. For more information visit http://www.hammerfiber.com
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