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Details - Information last confirmed on December 22, 2020
Unique and pioneering telecommunications investment with established Internet Service Provider (ISP) that provides reliable, fast, affordable and secure high speed, 4G, LTE and, 5G, LTE broadband Internet connectivity to underserved communities across the United States and Canada, including rural homes, places of work, schools, hospitals and more.
Investment structure involves parent company ISP and investor entering into a profit-sharing Joint Venture (JV). Parent company designs, orders and installs the access points and towers as well as providing ongoing maintenance for all equipment and system infrastructure. Parent company also procures local subscribers from underserved areas. Investor purchases and pays for equipment (antenna’s, ground equipment, etc.) necessary to transmit the high-speed Internet and owns a defined territory that will be continually developed with additional towers, access points and equipment. Parent company and investor share in operating expenses and profits, 50-50. Note: this is not an acquisition.
With more than 16,000 subscribers across 11 states, the parent company ISP has assembled a highly experienced leadership team sourced from the telecommunications industry with more than decades of experience and a proven record of success.
According to the Federal Trade Commission, almost 20 million Americans – 6 percent of the population – still lack access to fixed broadband service at threshold speeds. In rural areas, nearly one-fourth of the population —14.5 million people—lack access to this service. In tribal areas, nearly one-third of the population lacks access. Even in areas where broadband is available, approximately 100 million Americans still do not subscribe. This is the opportunity to bring reliable, fast and secure Internet connections to rural areas across the United States and earn an aggressive return on investment.
Additional investment features include:
- Wireless Internet access is a major commodity and profits in this space are very high
- Parent company ISP supplies the support, training, billing system and internet tracking devise for any outages
- Investor can be as active in the JV as they would like, or they can be a passive JV partner
- This is not a franchise, so there are no royalties or advertising fund contributions
- No significant organized competition in this rural space
- Additional revenue streams include Internet TV and Internet Protocol TV, Voice Over Internet Protocol and home security
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