TECH Stock Trades UP on News of Wireless Services
Post# of 85171
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Welcome to the Internet in Rural America
“Life in the Slow Lane”
“… my download speed is crawling along at 0.61 Mbps. Five hours later, at 4:21 p.m., it's only 2.12 Mbps.”
“ By the Federal Communications Commission's latest estimate, which uses figures from 2016, 24 million Americans, or 7.7 percent of the population, are going without.”
“In rural areas it's far worse. Roughly 39 percent of rural Americans lack access to high-speed broadband, compared with just 4 percent of urban Americans, the FCC said.”
Ruralink Wireless Commences Construction of its First Wireless Broadband Network in Crockett, Texas
Rift Valley Resources Corp (RVR:CSE) through its subsidiary Ruralink Wireless has begun construction of its 25 Mbps wireless broadband network located in Crockett Texas, the first of a planned 130 regional rural networks throughout the US, representing a market of over 44 million people.
Ruralink has teamed up with USA based ARK Multicasting, Inc. who recently announced an agreement with Microsoft for rural broadband and distributed cloud services.
ARK Multicasting controls 280 TV licenses in the US and will create its new Hybrid Broadcast Broadband network. Of these, 130 television licenses are in rural markets, providing substantial coverage to the targeted rural residential, businesses and government facilities.
The companies will conduct a two-phase pilot program in Crockett, Texas to leverage the use of licensed TV broadcast spectrum with unlicensed TVWS radio spectrum to create a highly efficient and cost-effective solution providing wireless broadband internet access in rural areas.
Crockett, Texas will be one of the first markets served by Ruralink. Upon completion of successful trials, Ruralink will move to expand its footprint and regions served with its unique approach of the mixing of mature and disruptive technologies to serve these communities, such as those brought by ARK Multicasting to finally deliver on the long overdue promise of true broadband internet connectivity to rural markets.
About Ruralink Wireless, Inc.: Ruralink is an innovative solutions-driven company founded by executives with extensive experience in wireless, fiber, satellite, and related communications technologies and services. The company's core focus includes:
· Deployment and operations of low-cost, highly reliable, wireless broadband ISP access networks in underserved areas.
· Access to broadband internet content, applications, and services, designed to improve the lives of people living in market areas that do not have cost effective broadband ISP services.
· Design and deployment of enhanced TV White Space internet access infrastructure and user devices supporting innovative products and service applications enabled by wireless broadband Internet access.
About ARK Multicasting, Inc: ARK is a television-based IP content delivery network operator leveraging the new ATSC 3.0 standard serving the rapidly expanding Over the Top (“OTT”) internet video market. ARK is combining the “one-to-millions” efficiency of broadcasting for distribution of broadband IP content in concert with high capacity local storage at consumer locations essentially creating a massively “distributed data center” specifically targeted at rural and under-served areas of the United States.
Trading Symbol: RVR: CSE
https://www.ruralinkwireless.com/
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