Erf Wireless Inc (ERFB) 0.0002 $ERFB
Oilfield Communications Market to 2020 - The Market is set to Grow from USD 2.6 Billion in 2015 to USD 3.7 Billion in 2020
M2 - Mon Aug 10, 8:36AM CDT
Research and Markets (http://www.researchandmarkets.com/research/f28b5k/oilfield) has announced the addition of the "Oilfield Communications Market by Communication Technologies (Cellular Network, VoIP, Unified Communications, M2M, Microwave Communication, WiMax, VSAT, TETRA, Fiber Optics, WAN, LAN), Band Type (L Band, Ku Band, HTS) - Global Forecast to 2020" report to their offering. The deployment of advanced oilfield communication technologies and solutions such as VSAT, WiMax, TETRA networks enable oil and gas companies to reduce their overall costs significantly. Various other factors such as increasing demand for offshore oilfield communication solutions, increasing ICT expenditure, and telecom-based technological growth are catalyzing the overall growth of the oilfield communications market globally. Alcatel-Lucent, Huawei Technologies, Harris CapRock, Inmarsat, and ERF Wireless are some of the prominent players which are providing reliable oilfield communication solutions and services. It is forecast that the global oilfield communications market to grow from USD 2.6 Billion in 2015 to USD 3.7 Billion in 2020, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period of 2015-2020. Over the next 5 years, this market is expected to experience high traction in North America (NA), and the Middle East and Africa (MEA) regions. Companies Mentioned - Alcatel-Lucent International - ERF Wireless, Inc. - Harris Caprock Communications Inc. - Hermes Datacommunications International Ltd. - Huawei Technologies Co., Ltd. - Hughes Network Systems Llc - ITC Global - Inmarsat PLC - Redline Communications Inc. - Rignet Inc. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Oilfield Communications Market Analysis, By Solution 8 Oilfield Communications Market Analysis, By Communication Network Technology 9 Oilfield Communications Market Analysis, By Field Site 10 Oilfield Communications Market Analysis, By Service 11 Geographic Analysis 12 Competitive Landscape 13 Company Profiles 14 Appendix For more information visit http://www.researchandmarkets.com/research/f28b5k/oilfield
ALU: 3.74 (-0.04)
ERF Wireless Continues Balance Sheet Debt Reduction by Paying Off, Paying Down, and Restructuring Existing Loans
ACCESSWIRE - Wed Dec 10, 7:16AM CST
LEAGUE CITY, TX / ACCESSWIRE / December 10, 2014 / ERF Wireless Inc. (OTCQB: ERFB) announced today that on December 4, 2014, it closed its second lease schedule with its Senior Lender, WISPer Ventures Leasing LLC, in the amount of $1,250,435 under a $2,500,000 three-year Master Lease. Funds received previously under the first lease schedule of $403,000 were dedicated to the repayment of convertible debentures and that process is ongoing. Under the terms of the second lease schedule, the financing proceeds were used to retire our remaining ERF Wireless Inc. bridge loan and to restructure another term loan. Specifically, the unpaid existing balance of a $1,000,000 bridge loan with three individuals was completely paid off including penalty and interest. In addition, a term loan with Dakota Capital Fund LLC, a South Dakota limited liability company, and was paid down by $603,970.56 and the balance was restructured as an interest only one-year note due December 4, 2015.
ERF Wireless Focuses on CY 2015 with New Products and Services to Grow Revenues and Margins
ACCESSWIRE - Tue Nov 25, 8:07AM CST
Proceeds of Non-Core Network Sale Partially Used to Add Products, Expand Service Areas and Diversify Customer Base
ERF Wireless Announces Continued Repayment and Elimination of Convertible Debt
ACCESSWIRE - Wed Nov 12, 8:12AM CST
LEAGUE CITY, TX / ACCESSWIRE / November 12, 2014 / ERF Wireless Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced that it is continuing the process begun on November 3, 2014, to negotiate and pay off a significant portion of its convertible debt utilizing the initial funding under a new non-convertible funding program announced on November 5, 2014. As of the date of this press release, ERF Wireless, Inc. has completed the repayment and termination of the first three convertible debentures and is currently in negotiations with multiple others that are expected to be repaid pending final negotiated agreements. This repayment of convertible debentures is part of an overall ERF Wireless Inc. balance sheet restructuring process announced early in 2014 that was begun with the sale of a majority of the ERF Wireless residential wireless business line and was quickly followed by the payoff of the company's Senior Lender. Other balance sheet restructuring activities are currently under way and will be reported as they are completed.
ERF Wireless Begins Repayment and Termination of Convertible Debt
eTeligis - Wed Nov 05, 7:02AM CST
LEAGUE CITY, TX, United States, via ETELIGIS INC., 11/05/2014 - - ERF Wireless Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced that as of November 3, 2014, it has received the initial funding under a new non-convertible funding program and has begun the repayment and termination of a number of its outstanding convertible debentures. As of the date of this press release it had completed the repayment and termination of the first two convertible debentures and is in negotiations with multiple others that are expected to be repaid pending final negotiated agreements.
ERF Wireless Expands Focus on Oil and Gas Sector Service Business by Expanding Market Areas and Adding New Products
eTeligis - Tue Oct 28, 7:08AM CDT
LEAGUE CITY, TX, United States, via ETELIGIS INC., 10/28/2014 - - ERF Wireless Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced today that following its recent sale of the majority of its residential wireless business it is continuing to restructure its balance sheet and pay off certain debt as available resources dictate. In addition, ERF Wireless is expanding its geographical service areas as well as its product mix to continue to improve and grow its oil and gas sector service business throughout all of its service areas in Texas, New Mexico, Oklahoma, and Louisiana. More specifically, the Energy Broadband ("EBI"
oil and gas subsidiary of ERF Wireless is currently designing and constructing new networks in certain new oil and gas production areas of central Texas to supplement existing wireless network coverage already available to EBI through contractual agreements.
ERF Wireless Terminates All Senior Lender Debt with Full Repayment
ACCESSWIRE - Fri Sep 26, 7:17AM CDT
Funds Received From Non-Core Network Sale Partially Used to Retire Debt and Improve Balance Sheet
ERF Wireless Spins Off Multi-Million Dollar Asset Consisting of its Residential and Home Business Networks
ACCESSWIRE - Wed Sep 17, 1:02PM CDT
Sale Proceeds to be Used to Pay Debt and Improve the Company Balance Sheet
ERF Wireless Completes Multi-Million Dollar Sale of the Majority of its Residential and Home Business Networks
ACCESSWIRE - Wed Sep 17, 7:17AM CDT
LEAGUE CITY, TX / ACCESSWIRE / September 17, 2014 / ERF Wireless Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced today that the Company has completed its sale of a majority of its Wireless Internet Service (WISP) networks providing wireless broadband Internet to residential and home business throughout large areas of Texas. Sale proceeds from this multi-million dollar sale will be utilized to retire existing debt, support ongoing operations and improve the ERF Wireless balance sheet. The specific terms of the sale were not disclosed but ERF Wireless and its subsidiary Energy Broadband will continue to have exclusive access to the networks that were sold for the purpose of supplying broadband Internet services to its oil and gas customers through a multi-year contract with the buyer. In addition ERF Wireless and Energy Broadband have retained and will continue to own and operate wireless broadband networks primarily serving oil and gas customers in the Eagle Ford Shale of South Texas, the West Texas oil and gas regions of the Permian Basin, as well as wireless broadband networks in portions of New Mexico, Oklahoma, Louisiana, and the western Texas Panhandle.
Oilfield Communications Market to 2020 - The Market is set to Grow from USD 2.6 Billion in 2015 to USD 3.7 Billion in 2020
M2 - Mon Aug 10, 8:36AM CDT
Research and Markets (http://www.researchandmarkets.com/research/f28b5k/oilfield) has announced the addition of the "Oilfield Communications Market by Communication Technologies (Cellular Network, VoIP, Unified Communications, M2M, Microwave Communication, WiMax, VSAT, TETRA, Fiber Optics, WAN, LAN), Band Type (L Band, Ku Band, HTS) - Global Forecast to 2020" report to their offering. The deployment of advanced oilfield communication technologies and solutions such as VSAT, WiMax, TETRA networks enable oil and gas companies to reduce their overall costs significantly. Various other factors such as increasing demand for offshore oilfield communication solutions, increasing ICT expenditure, and telecom-based technological growth are catalyzing the overall growth of the oilfield communications market globally. Alcatel-Lucent, Huawei Technologies, Harris CapRock, Inmarsat, and ERF Wireless are some of the prominent players which are providing reliable oilfield communication solutions and services. It is forecast that the global oilfield communications market to grow from USD 2.6 Billion in 2015 to USD 3.7 Billion in 2020, at a Compound Annual Growth Rate (CAGR) of 7.4% during the forecast period of 2015-2020. Over the next 5 years, this market is expected to experience high traction in North America (NA), and the Middle East and Africa (MEA) regions. Companies Mentioned - Alcatel-Lucent International - ERF Wireless, Inc. - Harris Caprock Communications Inc. - Hermes Datacommunications International Ltd. - Huawei Technologies Co., Ltd. - Hughes Network Systems Llc - ITC Global - Inmarsat PLC - Redline Communications Inc. - Rignet Inc. Key Topics Covered: 1 Introduction 2 Research Methodology 3 Executive Summary 4 Premium Insights 5 Market Overview 6 Industry Trends 7 Oilfield Communications Market Analysis, By Solution 8 Oilfield Communications Market Analysis, By Communication Network Technology 9 Oilfield Communications Market Analysis, By Field Site 10 Oilfield Communications Market Analysis, By Service 11 Geographic Analysis 12 Competitive Landscape 13 Company Profiles 14 Appendix For more information visit http://www.researchandmarkets.com/research/f28b5k/oilfield
ALU: 3.74 (-0.04)
ERF Wireless Continues Balance Sheet Debt Reduction by Paying Off, Paying Down, and Restructuring Existing Loans
ACCESSWIRE - Wed Dec 10, 7:16AM CST
LEAGUE CITY, TX / ACCESSWIRE / December 10, 2014 / ERF Wireless Inc. (OTCQB: ERFB) announced today that on December 4, 2014, it closed its second lease schedule with its Senior Lender, WISPer Ventures Leasing LLC, in the amount of $1,250,435 under a $2,500,000 three-year Master Lease. Funds received previously under the first lease schedule of $403,000 were dedicated to the repayment of convertible debentures and that process is ongoing. Under the terms of the second lease schedule, the financing proceeds were used to retire our remaining ERF Wireless Inc. bridge loan and to restructure another term loan. Specifically, the unpaid existing balance of a $1,000,000 bridge loan with three individuals was completely paid off including penalty and interest. In addition, a term loan with Dakota Capital Fund LLC, a South Dakota limited liability company, and was paid down by $603,970.56 and the balance was restructured as an interest only one-year note due December 4, 2015.
ERF Wireless Focuses on CY 2015 with New Products and Services to Grow Revenues and Margins
ACCESSWIRE - Tue Nov 25, 8:07AM CST
Proceeds of Non-Core Network Sale Partially Used to Add Products, Expand Service Areas and Diversify Customer Base
ERF Wireless Announces Continued Repayment and Elimination of Convertible Debt
ACCESSWIRE - Wed Nov 12, 8:12AM CST
LEAGUE CITY, TX / ACCESSWIRE / November 12, 2014 / ERF Wireless Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced that it is continuing the process begun on November 3, 2014, to negotiate and pay off a significant portion of its convertible debt utilizing the initial funding under a new non-convertible funding program announced on November 5, 2014. As of the date of this press release, ERF Wireless, Inc. has completed the repayment and termination of the first three convertible debentures and is currently in negotiations with multiple others that are expected to be repaid pending final negotiated agreements. This repayment of convertible debentures is part of an overall ERF Wireless Inc. balance sheet restructuring process announced early in 2014 that was begun with the sale of a majority of the ERF Wireless residential wireless business line and was quickly followed by the payoff of the company's Senior Lender. Other balance sheet restructuring activities are currently under way and will be reported as they are completed.
ERF Wireless Begins Repayment and Termination of Convertible Debt
eTeligis - Wed Nov 05, 7:02AM CST
LEAGUE CITY, TX, United States, via ETELIGIS INC., 11/05/2014 - - ERF Wireless Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced that as of November 3, 2014, it has received the initial funding under a new non-convertible funding program and has begun the repayment and termination of a number of its outstanding convertible debentures. As of the date of this press release it had completed the repayment and termination of the first two convertible debentures and is in negotiations with multiple others that are expected to be repaid pending final negotiated agreements.
ERF Wireless Expands Focus on Oil and Gas Sector Service Business by Expanding Market Areas and Adding New Products
eTeligis - Tue Oct 28, 7:08AM CDT
LEAGUE CITY, TX, United States, via ETELIGIS INC., 10/28/2014 - - ERF Wireless Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced today that following its recent sale of the majority of its residential wireless business it is continuing to restructure its balance sheet and pay off certain debt as available resources dictate. In addition, ERF Wireless is expanding its geographical service areas as well as its product mix to continue to improve and grow its oil and gas sector service business throughout all of its service areas in Texas, New Mexico, Oklahoma, and Louisiana. More specifically, the Energy Broadband ("EBI"
oil and gas subsidiary of ERF Wireless is currently designing and constructing new networks in certain new oil and gas production areas of central Texas to supplement existing wireless network coverage already available to EBI through contractual agreements. ERF Wireless Terminates All Senior Lender Debt with Full Repayment
ACCESSWIRE - Fri Sep 26, 7:17AM CDT
Funds Received From Non-Core Network Sale Partially Used to Retire Debt and Improve Balance Sheet
ERF Wireless Spins Off Multi-Million Dollar Asset Consisting of its Residential and Home Business Networks
ACCESSWIRE - Wed Sep 17, 1:02PM CDT
Sale Proceeds to be Used to Pay Debt and Improve the Company Balance Sheet
ERF Wireless Completes Multi-Million Dollar Sale of the Majority of its Residential and Home Business Networks
ACCESSWIRE - Wed Sep 17, 7:17AM CDT
LEAGUE CITY, TX / ACCESSWIRE / September 17, 2014 / ERF Wireless Inc. (OTCQB: ERFB), a leading provider of enterprise-class wireless and broadband products and services, announced today that the Company has completed its sale of a majority of its Wireless Internet Service (WISP) networks providing wireless broadband Internet to residential and home business throughout large areas of Texas. Sale proceeds from this multi-million dollar sale will be utilized to retire existing debt, support ongoing operations and improve the ERF Wireless balance sheet. The specific terms of the sale were not disclosed but ERF Wireless and its subsidiary Energy Broadband will continue to have exclusive access to the networks that were sold for the purpose of supplying broadband Internet services to its oil and gas customers through a multi-year contract with the buyer. In addition ERF Wireless and Energy Broadband have retained and will continue to own and operate wireless broadband networks primarily serving oil and gas customers in the Eagle Ford Shale of South Texas, the West Texas oil and gas regions of the Permian Basin, as well as wireless broadband networks in portions of New Mexico, Oklahoma, Louisiana, and the western Texas Panhandle.
