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Competitive Companies, Inc. (CCI) Acquires 40 Carrier-Grade Microwave Towers from Worldwide Communications, Inc. 11/5/08 - Competitive Companies, Inc. (OTC Bulletin Board: 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. Competitive Companies, Inc. (CCI) is a Nevada Corporation with its principal offices in Riverside, California. The Company began operations in 1998 to provide telecommunication services of data, voice and video to multiple dwelling units (MDU's) throughout concentrated tier one market areas of the United States. As Congress passed "open access" legislation to the MDU marketplace, larger and greater capitalized organizations made it exceedingly more difficult for the Company to compete. Thus CCI has refocused its concentration to the rural communities of America's Heartland to deliver data and voice utilizing fixed wireless as its primary delivery choice. CCI has assembled a management team with collectively more than 30 years of telecommunications experience including RF engineering, software development, automation design and deployment, technical and customer support and direct design, development and deployment of wide area networks in rural communities. The Company is aggressively extending its current fixed wireless footprint across America's rural communities utilizing its unique partnership programs. For more information on the company, please visit http://www.cci-us.com/ . Keywords: cdma, microwave towers, Competitive Companies, Inc., AT&T, MCI, Worldwide Communications, Inc.,13 states, United States |
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