Latest News
Competitive Companies, Inc. (CCI) Acquires 40 Carrier-Grade Microwave Towers from Worldwide Communications, Inc.
RIVERSIDE, Calif., Nov 05, 2008 — Competitive Companies, Inc. (CCI) (CCOP) has entered into a letter of intent to acquire (“40”) carrier-grade microwave towers originally constructed by AT&T and MCI, from Worldwide Communications, Inc. The towers purchased, valued at more than $2,000,000, are strategically located in alternate tier markets in 13 states in the United States. This acquisition of network assets is a significant contribution to Competitive Companies Inc.'s growing portfolio of technology, applications, and content delivery platforms, and provides a compelling advantage in the rural market wireless industry as it grows its network presence and broadband IP services in the United States.
The new 40 tower network provides a critical link for CCI to fully enable a Broadband IP-based network in conjunction with the Company's existing fiber optics core fixed wireless equipment and technology, and allows pursuance of lucrative rural market demand for broadband-IP services (including VOIP, data, multi-media, and interactive services). The tower assets will afford CCI oversight and control of a robust network, whereby WIMAX and CDMA 2000 network providers will seek to align with CCI to enable their service platforms for broadband IP services.
