(NEW YORK)–Hammer Fiber Optic Holdings Corp (OTCMKTS: HMMR) could be looking to gain market share from Comcast by expanding their triple play broadband services into the Baltimore market.
Hammer Fiber announced this week that it was set to launch Internet, phone and television services to residential and small/medium-sized business customers throughout Baltimore, MD region. The service deployment will utilize “pre-5G” technology to leverage 12 GHz spectrum holdings, provided by Go Long Wireless, to bring ultra high-speed wireless broadband to Baltimore and 49 total markets across the United States.
Through their partnership with Go Long Wireless, Hammer Fiber will utilize “pre-5G” technology to bring high-speed broadband services to residential and business customers throughout the city.
Seeking Market Share
The main players providing budled services in the Baltimore market seem to be FioS, which is owned by Verizon (NYSE:VZ), with the majority being managed by Comcast (NYSE:CMCSA).
The launch of Hammer Fiber’s Phone, TV, and Data services into Baltimore may be a sign they are looking to go after a portion of that market share by providing bundled triple play services at a competitive price to what Comcast may charge.
Mark Stogdill, the CEO of Hammer Fiber commented, “We are thrilled to be bringing these services to the great people and businesses of Baltimore. We’re making good on our promise to deliver lightning fast and affordable broadband to key markets across the United States — Baltimore being a strategic market for us, as this launch more than doubles our current coverage. This is good news for the people who currently have slow broadband in their area at the moment as they can use somewhere like USave when the services are launched to find the most affordable deal for them. Together with our widely successful launch of services in Atlantic City, Baltimore is the first step towards a national roll-out. We’re continuing to grow as planned.”
This indicates Hammer Fiber roll-out may only just be starting, and we could see more cities coming online over the next 12-months across the U.S.
Hammer Fiber recently teamed up with Go Long Wireless, Ltd. (GLW), a company based in Sarasota Florida that holds 12 GHz Multichannel Video Distribution and Data Service (MVDDS) spectrum in 49 U.S. markets. The partnership enables Hammer Fiber to expand its successful business model of delivering a bundle of high-speed broadband, TV, and VoIP phone service to both urban and traditionally underserved rural communities.
Using off-the-shelf DOCSIS (3.0 or 3.1) modems, the Hammer technology platform leverages cable-ready architecture and is highly scalable due to its low cost and ease of installation. Services are delivered at a fraction of the cost incurred by competing fixed fiber or cable-based networks.
The Company stated they would be making additional announcements about the Baltimore launch as services are deployed. Further inquiries about this announcement, future market roll-outs and general company information can be made to Frank Pena at firstname.lastname@example.org
Hammer Fiber is currently traded on the OTC Market under the ticker symbol “HMMR”
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
About Go Long Wireless
Go Long Wireless, LTD is a Florida based wireless spectrum holding company with an extensive spectrum portfolio designed to enable ultra-broadband services to rural and urban communities across the U.S. For more information please email email@example.com
This is NOT a solicitation to Buy or Sell any security, but rather is for informational purposes only. Content contained herein includes facts, views, opinions and recommendations of individuals and organizations deemed of interest. Wall Street Newscast (“WSNC”) does not guarantee the accuracy, completeness or timeliness of, or otherwise endorse these views, opinions or recommendations, or give investment advice. WSNC, its affiliates, or directors, may or may not hold a position in the above security from time to time, and investors are encourage to consider this as a possible conflict of interest when reviewing this information. In Compliance with SEC Rule 17B Wall Street Newscast was compensated one thousand two hundred dollars for ongoing media advisory services, and thus should be considered a possible conflict of interest when reviewing this report and information. WSNC, or its affiliates, may hold a position in above securities from time to time, and thus should be considered a possible conflict of interest when reviewing this report and information. These investments may involve a high degree of risk, thus investors are highly encouraged to consult with a financial advisor before any and all investments.
Safe Harbor Statements:
This website includes statements that may constitute forward-looking statements made pursuant to the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although the Company believes that the expectations reflected in such forward-looking statements are based on reasonable assumptions, such statements are subject to risks and uncertainties that could cause actual results to differ materially from those projected.
Small and Micro cap, or ‘penny stocks’, involve a high degree of risk, and we highly encourage investors to consult with a financial advisor before making any and all investment decisions when investing in these type of securities.
- Dynavax (DVAX) Receives $27M Vaccine Purchase Order from CDC - July 1, 2020
- As COVID-19 Cases Spike Look to PPE Stocks: $LAKE $APT $GTXO - June 15, 2020
- Spike in COVID Cases May Spell Risk Off for Overvalued Stocks and Markets - June 7, 2020
- Riot Blockchain (RIOT) a Hedge on Inflation as Bitcoin Rallies - May 13, 2020
- Stock Valuations Could Set Stage for Potential Bubble Burst - May 9, 2020
- Centennial Resource (CDEV) Boosts Liquidity $468M as WTI Crude Breaks Above $20 Barrel - May 4, 2020
- Companies Should Prepare IT Spending to Thrive in New Normal - April 16, 2020
- Great Elm Capital (GEC) Provides Ventilators and Respiratory Care Equipment - April 15, 2020
- FujiFilm (FUJIY) to Ramp Up Production of Avigan for Treatment of COVID19 - April 15, 2020
- GTX Corp (GTXO) Begins Selling KN95 Face Masks for Coronavirus Outbreak - April 8, 2020