THE LAST MILE IS ABOUT TO BE CONQUERED
From time to time technologies appear that render previous technologies obsolete and bring new benefits to the users. Consider how we consume and listen to music. The shift from vinyl records to cassette tape brought mobility and a bigger choice of music in automobiles. Then tape became compact disk for greater fidelity and longer continuous playing times. And now we’ve moved from CDs to MP3 players that let us carry 10,000 songs in our shirt pockets.
Consider what the advent of the computer did for business. Prior to the introduction of computers, few businesses would say they “needed” them. Today, they cannot conceive of life without them.
This same phenomenon is about to happen in the telecommunications industry. There is a significant “last mile gap” in the global communications industry and for too long, there has been no viable means to deliver true broadband functionality to homes and businesses
IMPORTANT DIFFERENCES
It is important to grasp the significance of these technologies with their use and demand in the global market. These points merit emphasis:
- As an infrastructure, copper wire will never serve as an ultra- broadband delivery medium. The dominant telcos have a massive investment in copper wire which will be difficult for them to replace.
- There is “pent up” and growing demand for private and Internet delivered broadband enabled services.
- User defined last mile broadband has been the “holy grail” of the communications industry since the advent of the Internet and there is irrefutable validation of the market demand for broadband enabled services.
- Within the last 6-8 months, the entire industry has firmly embraced wireless technologies as a last mile solution.
- The wireless industry is the fastest growing sector of the communications industry and one of the only current investment opportunities promising substantial returns.
- Reception is vital to the viability of a wireless broadband technology and we have identified no other company/technology with a comparable capability. This is a very significant point, and among broadband delivery mediums, we believe that our systems are an “order of magnitude” better than any broadband delivery medium that has emerged in the industry to date.
- Though not factored in the included financial projections, the revenue potential of full VPN applications and services (second only to ISP revenues), fiber-sized wireless backhaul and infrastructure solutions both in developed markets and third world countries is tremendous.
