If I had a offer for 1.4x revenue in Cash, I would think about it... If I had a offer for 1.7x cash, I would cash in ....
Gino A. Villarini [EMAIL PROTECTED] Aeronet Wireless Broadband Corp. tel 787.273.4143 fax 787.273.4145 -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Charles Wu Sent: Sunday, October 15, 2006 11:42 AM To: 'WISPA General List' Subject: RE: [WISPA] Covad Expands Broadband Wireless NetworkWithDataFloAcquisition Out of curiosity -- how is 1.4x annual revenue considered "cheap" Keep in mind...this is $$$ CASH $$$, not stock -Charles ------------------------------------------- WiNOG Wireless Roadshows Coming to a City Near You http://www.winog.com -----Original Message----- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Tom DeReggi Sent: Saturday, October 14, 2006 9:54 PM To: WISPA General List Subject: Re: [WISPA] Covad Expands Broadband Wireless Network WithDataFloAcquisition Which sounds like to me, DataFlow was in a distressed state, doing a firesale.. Tom DeReggi RapidDSL & Wireless, Inc IntAirNet- Fixed Wireless Broadband ----- Original Message ----- From: "Matt Liotta" <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]>; "WISPA General List" <wireless@wispa.org> Sent: Friday, October 13, 2006 11:04 AM Subject: Re: [WISPA] Covad Expands Broadband Wireless Network With DataFloAcquisition > Does anyone know anything about DataFlo? According to the press > release it > appears they were bought for 1.4x revenue, which seems awfully cheap. > > -Matt > > Peter R. wrote: >> Covad Communications Group Inc. announced it will acquire the assets >> of >> DataFlo Communications LLC, a Chicago-based broadband wireless provider, >> adding a sixth market to its coverage area. >> >> Covad will acquire substantially all the assets of DataFlo for >> approximately $1.4 million in cash. For the full 2006 year, DataFlo >> expects to generate approximately $1 million in revenue. In keeping >> with Covad's profitability goals, the transaction is EBITDA >> accretive. The transaction is expected to close later this month >> subject to customary closing conditions and regulatory approvals. >> >> Covad already offers broadband wireless to Los Angeles, San Diego, >> San >> Francisco, Orange County and Las Vegas through its wireless subsidiary >> NextWeb, which it acquired earlier this year. >> >> Speaking at the Internet Telephony Conference & Expo today, Claude >> Tolbert, Covad's senior vice president of product solutions planning >> and priorities, said the acquisition of NextWeb was primarily in >> response to regulatory uncertainty over the company's access to >> incumbent broadband networks. With that concern ameliorated, he said, >> the DataFlo deal is more of a continuation of an overlay network >> strategy. >> >> Broadband wireless allows the company to provide higher-capacity >> services. It can offer 100mbps on unlicensed band and 10mbps on >> licensed bands - speeds unavailable with DSL. Broadband wireless also >> enables Covad to turn up services more quickly, reducing intervals >> from 25 days for wireline to 10 days for wireless. It also enables >> the company to serve clientele with temporary needs. >> >> Tolbert said the DataFlo network is pre-WiMAX and serves businesses >> via a >> direct sales force. This distribution strategy, he added, will help Covad >> to balance its predominantly wholesale focus. >> > > -- > WISPA Wireless List: wireless@wispa.org > > Subscribe/Unsubscribe: > http://lists.wispa.org/mailman/listinfo/wireless > > Archives: http://lists.wispa.org/pipermail/wireless/ > > > -- > No virus found in this incoming message. > Checked by AVG Free Edition. > Version: 7.1.408 / Virus Database: 268.13.3/474 - Release Date: > 10/13/2006 > > -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
