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Towerstream to expand operations?

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New South Florida Office Results in 30% Increase in Number of Account Executives

© Mike Hodges

Towerstream Corporation (Nasdaq:TWER), a Fixed Wireless Fiber Alternative provider, announced the opening of a second sales center location in Southern Florida, one of the fastest growing areas of the country. The Company has initially hired two sales managers and nine account executives, and plans to increase the number of account executives to approximately twenty by the end of the year.

“South Florida has become a hub for telecommunication companies and call centers, which gives Towerstream access to a talent pool with an impressive level of experience and success in the industry,” stated Matthew Tooker, Vice President of Sales. “Our recently launched service offering of 100 Mbps of bandwidth for $699 per month continues to garner traction and we believe that our new sales team will help drive that growth higher over the balance of 2015.”

“Talented sales professionals are always hard to find and we are excited to welcome our new employees to the Towerstream organization,” noted Joseph Hernon, Chief Financial Officer. “The cost of opening our new sales office was relatively modest but has significantly strengthened our best-of-class sales and marketing organization.”

To date the company offers its broadband services in 12 urban markets including New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Houston, Las Vegas-Reno, and the greater Providence area. In 2014, Towerstream launched its On-Net fixed wireless service offering building owners and property managers a redundant and reliable dense urban network that directly connects with Towerstream’s fiber backbone. On-Net building tenants have access to 100 Mbps of dedicated, symmetrical Internet connectivity, with a premier SLA.

HetNets Tower Corporation was formed in January 2013 as a wholly owned subsidiary of Towerstream Corporation (Nasdaq:TWER), and offers a neutral host, shared wireless infrastructure solution, either independently or as a turnkey service. Its wireless communications infrastructure is available to wireless carriers, cable and Internet companies in major urban markets where the explosion in mobile data is creating significant demand for additional capacity and coverage.

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