Latest News
Competitive Companies Inc. (CCI) Poised to Take Advantage of $2 Billion Government Funding Program With the Acquisition of Worldwide Carrier-Grade Microwave Towers
RIVERSIDE, Calif., Nov 25, 2008 — Competitive Companies Inc. (CCI) (CCOP) has completed the acquisition of (“40”) carrier-grade microwave towers originally constructed by AT&T and MCI, from Worldwide Communications, Inc. The towers purchased, valued at $1,998,761, are strategically located in alternate tier three and tier four markets in 13 states across North America. The acquisition will provide significant advantageous in the application of funding from the U.S. Department of Agriculture RUS Funding Program. The RUS Funding Program, approved by Congress in 2002, provides for the issuance of more than $2 Billion in funding for the development of broadband Internet services throughout America's Heartland.
CCI, with its existing fiber optics core fixed wireless equipment and its proprietary propagation technology, allows for the aggressive pursuance of lucrative rural market demand for the delivery of 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.
