Corridor Communications Corp. Launches Its Wireless Broadband Service Throughout Its Mesa, Arizona Cable TV Franchise and Beyond
October 20 2004 - 1:24PM
PR Newswire (US)
Corridor Communications Corp. Launches Its Wireless Broadband
Service Throughout Its Mesa, Arizona Cable TV Franchise and Beyond
MESA, Ariz., Oct. 20 /PRNewswire-FirstCall/ -- Corridor
Communications Corp. (OTC:CORR) begins to offer Wireless Broadband
service within and beyond its franchise territory in Mesa, Arizona.
The area covers all of the 15000 homes in the franchise plus
another 75000 homes once fully deployed. Corridor through Eagle
West has entered a strategic marketing and deployment arrangement
with Alpha Communications of Arizona. Alpha will immediately begin
to jointly market the service to all the customers belonging to
Eagle West. Corridor now can provide broadband service via cable
and wireless dual technology in the Mesa expanded market. WI-FI and
high-speed Internet services are being deployed to all the Eagle
West franchises and the company expects to have several additional
markets operational in the next 30 days. J. Michael Heil Chief
Executive Officer of the Company stated, "Both companies have
dedicated their efforts to this project and Alpha has been locating
and erecting tower locations in order to provide service not only
to the Eagle West customers but to those who have limited service
options in nearby areas. Now that the infrastructure for Mesa is in
place we will be aggressively marketing to our current customer
base. Our strategy when we acquired Eagle West was to overlay
wireless broadband, and Mesa being one of our most significant
franchises is now up and running. We will continue to enhance our
services in Mesa and at the same time we have already begun the
engineering required to roll out wireless in additional markets
with Eagle West." About Corridor Communications Headquartered in
Mesa, Arizona with operations in Oregon, Nevada and Arizona,
Corridor Communications, Inc. is an integrated wireless Internet
service provider (WISP) and Cable television provider offering
high-speed Internet, free and pay television, and data services to
residents and businesses. The Company plans to implement a
growth-through- acquisition strategy by targeting small to mid size
Cable providers and Dial Up Internet Service Providers (ISP) in
areas underserved by current broadband multi system operators. The
growth strategy will also focus on creating partnerships with
existing hot spot management companies while building company owned
hotspots to create ubiquitous coverage or "Hot Zones" that
encompass entire cities. Corridor's IP-Based technology supports
all hardware meeting Wi-Fi 802.11(x) standards operating in an
unlicensed spread spectrums (2.4 GHz and 5.7 GHz), and can be
deployed far less expensively than comparable copper and cable
technologies. The company also plans to leverage its network build
out for other services that may include voice and video. For more
information about Corridor Communications, please visit the
Company's web site at http://www.corridorcommunications.com/ "Safe
Harbor" statement under the Private Securities Litigation Reform
Act of 1995: This release contains forward-looking statements that
are subject to risks and uncertainties, including, but not limited
to, the impact of competitive products and pricing, product demand
and market acceptance, new product development, reliance on key
strategic alliances, availability of raw materials, the regulatory
environment, fluctuations in operating results and other risks
detailed from time to time in the company's filings with the
Securities and Exchange Commission. Our forward-looking statements
are based on currently available information which management has
assessed but which is dynamic and subject to rapid and even abrupt
change due to risks and uncertainties that affect our business,
including the unpredictability of future revenues and limited
visibility into future demand on which to base our forecasts; the
current uncertainty in our marketplace which may impact expected
demand, customer selection criteria and sales cycle; our ability to
execute on product deliverables and major customer contracts,
slower economic growth generally, slower adoption of broadband
technology, or cutbacks in information technology spending; and
factors beyond our control such as power outages or work stoppages
at key customers. CONTACT: Investor Relations at Corridor
Communications Corp., 480-380-5855, or DATASOURCE: Corridor
Communications Corp. CONTACT: Investor Relations of Corridor
Communications Corp., +1-480-380-5855, or Web site:
http://www.corridorcommunications.com/
Copyright