----- Original Message ----- From: Tom DeReggi [mailto:[EMAIL PROTECTED] To: [EMAIL PROTECTED], WISPA General List [mailto:[EMAIL PROTECTED] Sent: Thu, 05 Apr 2007 18:30:44 -0800 Subject: Re: [WISPA] Is your ISP worth more than 1.2x ?
> Hogwash. > > Speak Easy is also an ISP that has a business model that sells under cost. > Therefore a lower value than an ISP with high profit margins. > > Reasons why Towerstream was evaled at over 20x annual (market cap). > > Tom DeReggi > RapidDSL & Wireless, Inc > IntAirNet- Fixed Wireless Broadband > You are correct Tom. Of course, market conditions vary and thus market cap will as well. -Dee Alaska Wireless Systems 1(907)240-2183 Cell 1(907)349-2226 Fax 1(907)349-4308 Office www.akwireless.net > > ----- Original Message ----- > From: "Peter R." <[EMAIL PROTECTED]> > To: "WISPA General List" <wireless@wispa.org> > Sent: Monday, April 02, 2007 9:34 PM > Subject: Re: [WISPA] Is your ISP worth more than 1.2x ? > > > > Speakeasy was not a WISP. > > > > *Middletown, RI—Jan. 30, 2007—*Towerstream (OTCBB: TWER.OB), a leading > > > fixed wireless Internet provider, today announced the launch of its Hi-Vi > > T1+ wireless broadband solution in the Seattle metropolitan area. The > > company has acquired Speakeasy's wireless broadband network assets in > > Seattle, enabling Towerstream to deliver high availability wireless > > broadband to area businesses with 99.999% reliability for a fraction of > > traditional carrier costs. The Company will also partner with Speakeasy, a > > > national small business-focused voice and data services provider, for > > distribution of fixed wireless broadband services in major cities > > throughout the country. > > > > Speakeasy at the time of sale to Best Buy was a hosting company, > > non-facilities based ISP, and VOIP Provider. > > Speakeasy sells nationwide leasing the access from various carriers > > through WTG ( a reseller). > > > > 1.2x is about right for a Business ISP. > > > > Regards, > > > > Peter @ RAD-INFO, Inc. > > > > > > > > > > George Rogato wrote: > > > >> Speakeasy went for 1.2x annual revenue. What is a smaller isp worth? > >> > >> http://www.speakeasy.net/press/pr/pr032707.php > >> > >> > >> Best Buy anticipates a closing date for the transaction in the first > >> quarter of its 2008 fiscal year. Following the close, Speakeasy would > >> operate as a wholly owned subsidiary of Best Buy. The company disclosed > >> the purchase price of approximately $97 million, which represents > >> approximately 1.2 times Speakeasy's calendar year 2006 revenue of $80 > >> million. Best Buy currently expects the transaction to be neutral to > >> fiscal 2008 earnings. > > -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
