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NEW TO GROWTHWIRE? Growthwire is an investment and corporate venturing intelligence service meeting the unique needs of growth and alternative fund managers, CEOs and other business leaders. |
| Headline |
Broadband Provider Slashes Costs for Business Customers |
| Investment Stage |
Early-Stage |
| Sectors |
Telecoms - Wireless Telecoms - Infrastructure |
| Deal Value |
500,000 |
| Currency |
USA - US$ |
| Country/Region |
North America USA Florida |
| Summary |
My client provides high-speed wireless Internet access even in areas where DSL and cable are unavailable, competing effectively with wireline broadband providers. By providing guaranteed stable and static speeds, a Defense Department level of security and significantly broader bandwidth compared to DSL or cable this company will be an industry leader in the market it serves.
The management team is made up of industry leaders with extensive broadband experience and well respected industry knowledge and expertise.
There are currently three ways to participate in my client's growth. The three options are: to purchase one-to-many Distributorships, fractional shares in an existing distributorship and fractional shares into a new entity made up of 40 owned company markets.
Under a Distributor Agreement, my client is providing a total turn-key solution in each open market to provide its services. Distributors keep 35% of all net income. The cost per Distributorship is $500K with anticipated returns of 20% in year (1), 90% in year(2) and up from there. These projections do not include the additional revenue of a recent regional broadband carrier agreement with one of the largest re-sellers in the Southeast that is over and above our cash flow and return estimates.
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