Jeff Thompson President and CEO of Towerstream

Jeff ThompsonPresident and CEO of Towerstream

4G and the Broadband Stimulus:

Closing the Digital Divide

Towerstream delivers high speed wireless Internet access to businesses.

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Towerstream Background

Delivers high-speed, wireless broadband to businesses in the largest U.S. markets using 4G

High-margin, recurring revenue model with substantial network capacity

We own and control our entire network

Offers simple products that customers can understand and buy over the phone

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Broadband Stimulus Background

• Why do we need it? – Expanding access to broadband for all Americans

• Program overview– BTOP vs. BIP– What’s available?

• Benefits– Economic – jobs, jobs, jobs!– Lower priced broadband– Productivity gains

• Underserved/unserved areas– How does the government define it?– Urban AND rural

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The Application Process

• Requirements for applicants– Shovel ready– Net neutral– 20% match

• Where are we now?– 2,200 organizations applied

• Seeking a total of $28 billion• Service providers (including Towerstream)• Cities and towns• Non-profit organizations

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• Price– Wireless technology is always less expensive to deploy than wire line

– Cheaper to maintain and repair

– More bang for the government’s buck!

• Future proofed networks– 4G is the future of communications

– Allows for new applications with mobility and portability in mind

• Speed– Wireless offers a faster roll-out than wire line

– Networks will be faster with 4G – users can do more

– Create jobs more quickly with a sustainable technology

Why 4G?

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What’s Next?

• Delivery of funds to first tranche grant winners

• Second and third tranche applications

• Delivery of networks