(NEW YORK)–Telecom provider Hammer Fiber Optics (OTCQB: HMMR) announced the launch of its own video conferencing and telemedicine platform called HammerCall.
To get an idea how hot video conferencing is one only need to look at stocks Zoom Video Communication (NASDQ:ZM) and TelaDoc Health (NASDAQ:TDOC), with their explosive rise in both share price and user engagement.
HMMR announced the first phase includes video and audio conferencing, text, chat and webinar functionality. In subsequent phases the application will evolve into a full business telephony system capable of replacing even the most modern Voice-Over-IP phone systems entirely with mobile devices.
Based on the recent explosion of Zoom share price it’s no wonder many traders are starting to take notice of HMMR now trading just below $0.14 per share.
New Research Upgrade Issued
Hammer Fiber received an upgrade following this news from Ludlow Research based on their jump into video conferencing market, and extreme investor demand for work from home plays.
Ludlow Research expects to provide additional updates to this story in the coming days and weeks. If you would like to receive a copy of their research opinion, with price target, please register at https://wallstreetnewscast.com/investors/signup/
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Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact Investor Relations at email@example.com
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