Yesterday, Tstream reported earnings. Within the 10-q, under the Management Comments, was a comment that they have signed a new national carrier contract. On the call, Jeff was asked who it was. He declined to say, but he did say that when they sign the 3rd contract, "the flood gates will open". My opinion is that, so far, Verizon and ATT are not among those that have signed.
Jeff said that they are expanding the offering in new markets and that this summer will be very busy signing up new contracts and building out new nodes. Towerstream has a first mover advantage and will likely be best of breed in the new category.
jWells
Understanding opportunities in stocks that participate in "The Data Revolution" If you like my content, please look at one of my "commercials".
Friday, May 11, 2012
Monday, May 7, 2012
Towerstream $TWER Future Developments
Some catalysts are on the near horizon for Tstream. Tomorrow, Tuesday May 7th at 11:35 am Jeff Thompson, CEO Towerstream is the keynote speaker discussing small cell technology and the evolution of the tower business at the Summit. This is great exposure for tstream and it also confirms my thesis that tstream's network is the natural evolution of the tower business. And, its very very early. In fact, no one really "gets it" yet. But Mario Gabelli said he will be there. I'm hoping this speech gets some more big institutions interested in what Jeff is doing at Tstream and causes some short covering. If this happens and the earnings call is good, we could see the stock move up to around $6, maybe a bit higher. Look for more on this a bit later.
jWells
CTIA Wireless Summit Schedule: http://www.ctiawireless.com/events/eventdetails.cfm/1467
jWells
CTIA Wireless Summit Schedule: http://www.ctiawireless.com/events/eventdetails.cfm/1467
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