(NEW YORK)–Hammer Fiber Optic Holdings Corp (OTCMKTS: HMMR) has seen volume in its stock rise since announcing their planned launch of Cable TV, Phone, and Internet services into the Baltimore market.
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Hammer Fiber recently announced 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. 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 at around $10 per share 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
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