LightSquared and Aircado to Bring Wireless Broadband to “Micropolitan” Markets Across the Country
Cities with populations of 10,000-100,000 will soon have greater wireless access and the latest wireless devices at affordable prices.
RESTON, Va. and REDMOND, Wash. – October 12, 2011 – LightSquared, a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and drive industry innovation, and Aircado, the wireless broadband service provider for smaller towns and cities, have signed a wholesale agreement that will enable Aircado to deliver high-speed mobile data services to its customers across the country.
Aircado serves “micropolitan” towns and cities; areas representing 20 million people across the United States that are underserved by the larger wireless carriers. Operating on LightSquared’s nationwide network, Aircado will be able to offer its customers affordable and reliable high-speed wireless services, operating on the latest devices for use at home and on the go.
“With LightSquared’s nationwide 4G-LTE network, we can implement our unique community-based business model and deliver wireless broadband services to small but important towns throughout America,” said Loren Wengerd, Aircado CEO. “LightSquared’s network and attractive wholesale-only economics allow us to advance the delivery of our services in the markets we plan to serve at a dramatically quicker pace, while offering competitively priced products to our growing base of customers."
“Aircado’s commitment to bring broadband services to “micropolitan” markets aligns well with LightSquared’s mission to deliver wireless broadband to all Americans,” said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. “We are pleased to partner with Aircado as it furthers its plans to provide much-needed communications services to smaller towns and cities throughout the United States.”
LightSquared’s mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services – at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared’s network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com , www.facebook.com/LightSquared and www.twitter.com/LightSquared.
Headquartered in Redmond, WA, Aircado is a privately held wireless broadband service provider. The company’s goal is to expand its offering of affordable, reliable, secure community-based wireless internet services for smaller towns and communities. For more information call (855) AIRCADO or visit www.aircado.com.
CONTACT: Josh Lefkowitz
Company: Burson-Marsteller for LightSquared
Tel: (212) 614-5012
CONTACT: Andy Pedack
Tel: (855) AIRCADO Ext. 7004
Forward Looking Statement
This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared’s management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.
Aircado Brings Next-Generation Wireless Internet to Small Town America
(REDMOND, WA) MARCH 15, 2011 - Aircado announces high-speed wireless internet service to smaller cities and towns in the US. Aircado is focused on creating a better internet access option in Micropolitan markets (cities with approximately 10,000-100,000 population) via a proven 4G wireless data platform.
Aircado brings a unique application of wireless technology which is met with an increasing demand for faster internet and anywhere access. In the last year, 4G wireless technology has seen significant reductions in infrastructure costs and increases in throughput. Aircado is building a 4G wireless data network to offer competitively priced fast internet with mobility and convenience that is not available with existing wireline internet service offerings.
"The time is right for this technology in these micropolitan markets," observes Loren Wengerd, Aircado CEO. "Much like the early days of cellular phones, we are witnessing a transformation in the way that people use the internet. They don't want to be tethered to their desk or even to their home. They want to have high speed internet when and where they want it. We believe that this is especially true in smaller towns where there are fewer connection options than in the largest cities."
For Aircado, micropolitan cities represent a distinct market opportunity that is not on the radar screen for larger service providers. "Larger providers aren't there yet and a newcomer is needed." according to Wengerd, "We don't expect to see this technology available from major service providers until they have built out their 4G services in the 'NFL cities' first."
Scalable technology and business platform
"In our target markets, we represent a clear alternative to DSL and cable, and we plan to overbuild them." explains Aircado COO, Andy Pedack. "We are prepared to rapidly scale our network to meet pent up demand in dozens of smaller cities and towns across the US. The access and speed that we can provide in these markets will be largely unmatched by wireline providers as we deploy over the top of their aging copper infrastructure. We can light up a whole city-wide hotspot and begin provisioning customers in just a few short months."
Aircado has been working closely with manufacturers to evaluate its different spectrum and technology alternatives to expand our footprint, capacity and offerings. "We like what we are seeing with the available 4G equipment today. The technology is proven and the costs have come down dramatically in the last couple years," explained Aircado CTO, Kyle Yoder, "Our options at hand make it possible to build a fast, secure, reliable service at a fraction of the cost of other earlier-built networks. We have the benefit of being a 'fast-follower', leveraging the benefit of the R&D that has been done by the industry and technology pioneers. We feel really good about our timing here around the available 4G technology."
Since a whole town will have a canopy of high-speed coverage, Aircado subscribers will have the option of accessing their internet service both in their home as well as anywhere else around town. Aircado plans to begin launching mobile internet in new and existing markets in the fall of this year, and at price points that are affordable and competitive.
Headquartered in Redmond, WA, Aircado is a privately held wireless broadband service provider. The company's goal is to expand its offering of affordable, reliable, secure community-based wireless internet services for smaller towns and communities. Aircado offers wireless broadband products and services. For more information call (855) AIRCADO or visit www.aircado.com.
CONTACT: Andy Pedack
Tel: +1 (855) AIRCADO Ext. 7004