License Provides a Clear Differentiator Between the Company
and Smaller Wireless Providers
BOSTON – April 08, 2008 – Pipeline Wireless, Boston’s leading wireless broadband provider, today announced that the company’s request a nationwide license to provide WiMAX wireless services in the newly released 3.65 GHz band (3650-3700 MHz) has been awarded by the Federal Communications Commission (FCC). Pipeline Wireless, which boasts one of the lowest customer turnover rates in the industry, is a full-service, WiMAX-ready, services provider offering Internet access to businesses in the greater Boston, Fall River and New Bedford, Mass. markets.
Pipeline Wireless, which covers nearly 2,100 square miles of Eastern Massachusetts, expects to be fully WiMAX compliant in about 60 days. The company’s FCC license will give Pipeline Wireless the ability to provide high-quality, high-bandwidth services over a quasi-licensed frequency. This reduces the possibility of interference, provides higher link budgets, and allows the company to offer a no-truck-roll installation to its customers, thereby lowering installation costs.
“As a leading wireless network provider, Pipeline Wireless will be able to broaden our service offerings and our customers will reap the benefits of utilizing WiMAX technology," said Michael Daly, President and CEO, Pipeline Wireless. “Our application was approved and we are excited to deploy WiMAX technology in our coverage area.”
With the FCC license in its portfolio, Pipeline Wireless is now poised to offer its multipoint, multi-megabit services to customers in near-line-of-sight and non-line-of-sight situations, due to the lower frequencies used in 3.65GHz WiMAX deployments, while still using carrier-class equipment and low-cost customer premises equipment. This ability is a clear differentiator between Pipeline Wireless and most of the area’s smaller wireless providers, which don’t have the capability to offer WiMAX due to its cost and complexity, particularly in highly congested RF areas.
WiMAX will enable Pipeline Wireless to service multiple customer profiles on the same platform, eliminating the need to separate low- and high-bandwidth customers while delivering an even wider range of services for both private networks and Internet circuits – all at the same high quality of service Pipeline Wireless customers have come to expect from the company.
About Pipeline Wireless
Pipeline Wireless is Boston’s leading wireless Internet Service provider, delivering fast, reliable and affordable high-speed Internet access to hundreds of businesses throughout Eastern Massachusetts. Pipeline’s scalable and secure broadband services are delivered to businesses over a state-of-the-art fixed wireless network that guarantees "always on" Internet access at T-1 and higher speeds. The company, founded in 2003, pledges quick installation at a cost 40 to 60 percent lower than traditional Internet Service Providers and the company’s exceptional Service Level Agreement (SLA) guarantees bandwidth, low latency, low packet loss and 99.99 percent uptime. For more information, please visit www.pipeline-wireless.com
About Vencore Capita
Vencore Capital was founded by entrepreneurs who have served emerging-growth companies with venture debt financing for the past 20 years. Vencore distinguishes itself from other lenders by its commitment to provide capital earlier in a company's lifecycle — prior to traditional venture-capital financing — and through its willingness to do smaller deals with more flexible structures and pricing. Their approach is to match the size, structure and pricing to the clients' risk profiles. Their deals typically range from $50K to $2M. For more information, please contact Tim O’Loughlin at (781) 416-5124 or tim@vencorecapital.com.
