U.S. Wireless Online is a conglomeration. Originally it was started by
buying at bankruptcy the assets of late firms like Darwin Networks. A
few years later they merged with Air2LAN (Jai Baghat's old company) out
of Jackson, MS. They then rolled up a number of WISPs. So they got old
MY customers, some Wi-Fi customers, some hotspot business, some
traditional WISP business, etc. Lots of different brands in there,
including us among many others.
So I suppose it'd be tricky to get a good count that we easily compare
with WISP pure play type business.
AVP WISP Markets
From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On
Behalf Of George Rogato
Sent: Tuesday, January 02, 2007 4:17 PM
To: [EMAIL PROTECTED]; WISPA General List
Subject: Re: [WISPA] US Wireless Online Sells 50.1 Percent
I wonder how many subs US Wireless has?
Peter R. wrote:
US Wireless Online Sells 50.1 Percent Ownership Stake to Sutioc
Tuesday January 2, 2007
Operational Management and Support Services to be Provided by IElement
LOUISVILLE, Ky., Jan. 2, 2007 (PRIME NEWSWIRE) -- US Wireless Online,
one of the nation's largest wireless broadband network operators,
announced today that it has completed the sale of a 50.1% ownership
stake to Sutioc Enterprises, Inc.
In conjunction with the transaction, which closed on December 27,
Sutioc has entered into an agreement with IElement Corporation, Inc.
whereby IElement will provide certain management and support services
US Wireless. As part of the agreement, IElement will provide out
customer service, technical support, network management, accounting,
billing and collection services as well as act as an advisor to US
Wireless' current management team. IElement is a nationwide provider
advanced communication services and Voice over Internet Protocol
solutions with a network presence in 18 major markets in the United
States, including facilities in Los Angeles, Dallas and Chicago.
At the time of the sale, Sutioc and US Wireless were able to retire
$3.5 million in US Wireless' debt.
US Wireless also expects to quickly benefit from efficiencies
from the transactions including the ability to streamline its
and reduce administrative and operational costs. In addition, US
Wireless will soon be able to offer its current and new customers a
complete suite of voice and data products and services through
IElement's product offering.
``The combination of US Wireless' organization and network facilities
with IElement's management experience, infrastructure, broad product
range and service capability should significantly improve the
competitive position,'' commented Rick E. Hughes, CEO of US Wireless
Online, Inc. ``We look forward to working with Sutioc and IElement. We
anticipate leveraging their strengths and resources to resume the
and expansion of our business in the near future.''
Additional announcements relating to the transaction, new product
launches, Wi-Fi Pittsburgh and other evolving developments are
in the near future.
About IElement Corporation:
IElement, based in Dallas, Texas, is a facilities-based nationwide
communications service provider that offers state-of-the-art
telecommunications services to small and medium sized businesses
(``SMBs''). IElement provides broadband data, voice and wireless
services by offering integrated T-1 lines as well as a Layer 2 Private
Network and VOIP solutions. These solutions provide SMBs with
internet access, customizable business solutions for voice, data,
wireless, internet, and secure communications channels between the SMB
offices, partners, vendors, customers and employees without the use of
firewall or encryption device. IElement has a network presence in 18
major markets in the United States, including facilities in Los
Dallas and Chicago. For more information on IElement, please visit
About US Wireless Online:
US Wireless Online owns and operates one of the nation's largest
wireless Internet broadband networks with significant coverage areas
Alabama, Florida, Indiana, Kentucky, Mississippi and Pennsylvania. The
Company provides commercial wireless Internet access and related
applications and services in the rapidly growing wireless broadband
industry. US Wireless Online is headquartered in Louisville, Kentucky.
For more information on US Wireless Online, Inc. please visit