Satview Broadband in Discussions to Acquire Cable Systems
19 July 2012 - 9:15PM
Marketwired
Satview Broadband, Ltd., a subsidiary of WENR Corporation
(PINKSHEETS: WNRC), announced today, it is in discussions with
various cable operators to acquire up to five additional cable
systems. The Company is reviewing documentation, financials and
market potential. These systems are located in western states with
close proximity to Satview's current operations. If these systems
are acquired, the Company's subscriber base would more than double.
Additionally Satview has acquired 50% of the remaining Jackpot,
Nevada system it did not own. Terms were not disclosed.
About Satview Broadband, Ltd.
Satview Broadband, Ltd., headquartered in Reno, Nevada, is a
wholly-owned subsidiary of WENR Corp., and has been in operation
for ten years. Satview holds franchise systems in six markets with
plans to expand.
About WENR:
WENR Corporation is a media holding company, which has two
wholly owned subsidiaries, Satview Broadband, Ltd. and
Ngensolutions LLC.
The foregoing contains forward-looking information within the
meaning of The Private Securities Litigation Act of 1995. Such
forward-looking statements involve certain risks and uncertainties.
The actual results may differ materially from such forward-looking
statements. The company does not undertake to publicly update or
revise its forward-looking statements even if experience or future
changes make it clear that any projected results (expressed or
implied) will not be realized.
Contact: WENR Corporation Dan Green 435-709-8350
www.wenr.net
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