Towerstream Corporation (TWER)
Towerstream Corporation operates in the Telecommunications Services industry of the Communication Services sector, headquartered in Middletown, RI, US. The stock last traded at $0.01, up 0.00% on the session, giving a market capitalisation of $3,984. On trailing twelve-month figures it carries a trailing P/E of -0.00, a net margin of -41.5%. Its beta of -329.75 implies it has historically moved less than the broad market.
Towerstream Corporation, operating with its subsidiaries, delivers high-speed fixed wireless broadband connectivity to commercial clients throughout the United States. The company utilizes a proprietary wireless network that operates on both licensed and unlicensed radio frequencies to provide a comprehensive suite of internet solutions. These offerings include adaptable bandwidth-on-demand, critical wireless redundancy, secure virtual private networks (VPNs), robust disaster recovery capabilities, and integrated data and video services. Towerstream's business-grade internet options feature dedicated single-tenant solutions, where a radio receiver/transmitter is exclusively assigned to a client's building, as well as efficient "on-net" services designed to connect multiple buildings simultaneously, proving cost-effective for high-bandwidth users. Moreover, the company provides temporary internet access for short-term client needs in locations where conventional fiber, copper, or cable infrastructure is absent or financially prohibitive. They also supply wholesale internet services, delivering dedicated access and point-to-point transport solutions with bandwidth choices ranging from 5Mbps to 10Mbps through their fixed wireless infrastructure. Towerstream serves businesses in major metropolitan areas such as New York City, Boston, Chicago, Los Angeles, San Francisco, Seattle, Miami, Dallas-Fort Worth, Houston, Philadelphia, Las Vegas-Reno, and Providence-Newport. The company's services are distributed through its internal direct sales team. Established in 1999, Towerstream Corporation maintains its headquarters in Middletown, Rhode Island.
Towerstream Corporation is most often compared with the following Communication Services names: