NetworkNewsWire
Editorial Coverage: Telecommunications companies are under
threat (http://nnw.fm/BrM3f) from over-the-top (OTT) services
that enable consumers to communicate over the internet via
streaming content and apps such as Skype, WhatsApp and Viber. These
services currently handle over 80 percent of messaging traffic, and
more than a third of all global voice traffic is channeled through
Skype. This astounding level of competition demands that
telecommunications companies focus on modernizing their operations
and creating strategies to develop new products or services if they
hope to achieve sustainable growth. One of the companies at the
forefront of innovative strategy implementation is Hammer
Fiber Optics Holdings Corporation (HMMR)
(HMMR
Profile), a telecommunications
company investing in the future of wireless technology and fiber
optics. Other significant players in this industry include
Verizon Communications Inc. (VZ),
Amazon.com, Inc. (AMZN), Alphabet Inc.
(GOOG) and Comcast Corporation
(CMCSA).
Recent Restructuring
Hammer Fiber Optics (HMMR) is an internet
service provider (ISP) offering internet, voice, video and data
services in New Jersey, as well as carrier services in Philadelphia
and New York. It serves both residential and commercial markets
with high-capacity broadband, voice and video through direct fiber
as well as its wireless fiber platform, Hammer Wireless® AIR
technology.
The holdings of Hammer Fiber Optics include Hammer Fiber Optic
Investments, Ltd., D/B/A Hammer Communications. This company
formerly traded under the name of Hammer Fiber but was renamed,
restructured and rebranded in April 2018.
Hammer Communications manages the company’s residential and SME
services delivered by terrestrial fiber optics and its proprietary
fixed wireless technology, as well as its VoIP services. The
company also has two separate business units under its control:
Hammer Fiber and Hammer Sphere. Hammer Fiber is responsible for the
delivery and management of the company’s fiber optics services.
Hammer Sphere manages the company’s rapidly growing platform for
cloud services and hosting.
Following the restructuring announcement Hammer Communications
CEO Mark Stogdill said, “We are excited about this evolution for
Hammer. Hammer is quick to respond to the market’s needs and ensure
the best quality of service for our customers. This move will help
us to better communicate the services we offer and commit our
resources where they can best serve the customer experience as we
continue to grow and expand our service offerings (http://nnw.fm/8q5PJ).”
First Acquisition
In addition to restructuring, Hammer Communications announced
yesterday that a letter of intent to acquire the stock of 1stPoint
Communications, LLC, and its subsidiaries, including Open Data
Centers, LLC, and Endstream Communications, LLC, has been executed
by all parties (http://nnw.fm/7Ckxe). 1stPoint is a competitive local
exchange carrier operating nationwide with intellectual property in
services such as SMS/texting, collaboration tools and carrier
switching. Endstream Communications offers wholesale voice services
worldwide. Open Data Centers operates a carrier-neutral colocation
facility in Piscataway, N.J., and will provide the brick-and-mortar
capacity to further Hammer’s growth.
This the first acquisition for Hammer Communications. Adding
these assets and related entities position Hammer Communications as
a bona fide player in the cloud services arena. The assets,
revenue, client base and strong management team at 1st Point
position HMMR for significant growth moving forward.
Hammer’s Proprietary Fixed Wireless
Technology
Finally, Hammer Communications recently completed the initial
development phase of its advanced LTE fixed wireless system,
designed and built using its proprietary wireless technology. In
conjunction with technology partners in Europe, the company has
been running both laboratory and field trials on the live network
of a prominent LTE mobile operator for the past 12 months, and the
results have surpassed all expectations. This expansion adds
ultra-high capacity cellular broadband applications to the
company’s product portfolio, which includes wholesale services
including backhaul support for cellular network operators.
This latest innovation was designed to complement Hammer
Communications’ core business of residential service. With the
large amount of bandwidth the system can deliver, as well as the
large number of users it can connect, the company expects this
initiative to position it as a leader in future 5G technology. This
new service will leverage the fixed LTE system in conjunction with
Hammer’s Fixed Wireless DOCSIS 3.1 system, already in place, to
deliver high-capacity broadband to markets across the Unites States
at substantially lower costs than traditional wireline mechanisms,
including fiber. The company will start live field testing of the
new system in early 2018, with service availability anticipated
later in the year.
Michael Cothill, Executive Chairman of Hammer Communications,
noted that “5G is the inevitable next step in the evolution of
telecommunications, and we are proud to be on the front lines of
developing the technology to support the vision of things to come.
We believe this system fits perfectly into our overall ecosystem,
and pairing this platform with our existing DOCSIS platform is
going to expand our reach, and extend our next generation fixed LTE
initiative to included wholesale services to both the mainstream
LTE operators and competitive carriers across the USA (http://nnw.fm/Yc0NX).”
Expanding Services into the Cloud
Hammer recently formed a new business unit, Hammer Sphere, under
the Hammer Communications umbrella. This unit will have
responsibility for the company’s expanded IaaS cloud services that
will enable its clients to host their products via the company’s
leading-edge server infrastructure, fiber network and data
center.
Hammer Sphere will provide a robust and modern server
infrastructure, fiber network architecture and data center that
enable efficient hosting and fast delivery of clients’ products.
Its range of services will enable client companies to eliminate the
extensive costs associated with the establishment and maintenance
of a corporate data center, while harvesting the benefits of
cloud-based services.
All these initiatives indicate Hammer Communications’ commitment
to deploying strategies to provide modern and cutting-edge
telecommunications solutions that will enable it to grow and
prosper. The company is ably supported in its endeavors by a
seasoned leadership team with extensive experience and
understanding of the telecommunications industry, including sales,
marketing, engineering, construction and business development.
Other Companies in the Telecommunications
Space
Verizon Communications Inc. (VZ) — With a
market cap of almost $198 billion, Verizon is one of the largest
telecommunications companies in the world. The company offers
communications, information and entertainment products and services
to consumers and businesses around the globe. Its wireless segment
provides wireless, voice and data, internet access, multimedia,
international travel and IoT network access services.
Verizon is gearing up to invest in 5G network capability
following the Federal Communications Commission’s recent decision
to remove regulatory roadblocks to the implementation of this
technology. Along with Cisco and Juniper Networks, the company is
using software-defined networking (SDN) technology to combine all
its existing service edge routers for Ethernet and IP-based
services into a single platform to improve network operational
efficiency and increase functionality and flexibility.
Amazon.com, Inc. (AMZN) — Through its
subsidiary, Amazon Web Services (AWS), the company provides
on-demand cloud computing platforms to individuals, companies and
governments on paid subscription basis. Its technology enables
subscribers to access a fully-fledged virtual cluster of computers
24/7 through the internet via server farms throughout the
world.
AWS offers over 90 services, including computing, data storage,
networking, database, analytics, application services, deployment,
mobile, developer tools and a platform for IoT. AWS was the
standout performer of Amazon’s stable of subsidiaries in the last
quarter of 2017. Amazon reported net sales of $51 billion, a
massive increase of 42.9 percent over 2016, with net sales
increasing by 39 percent over the previous quarter.
Alphabet Inc. (GOOG) —
Alphabet is the newly formed holding company for Google and other
subsidiaries. The Google segment of Alphabet’s business includes
internet products such as Ads, Android, Chrome, Commerce, Google
Cloud, Google Maps, Google Play, Hardware, Search and YouTube. It
offers digital content, enterprise cloud services, hardware
products and other miscellaneous products and services.
Google is also launching a new investment program aimed at
early-stage startups to provide financial resources, access to
Google features and tools, and the Google Cloud Platform. In
addition, the company will offer promotional support to young
companies. This investment program will support startups using
Google Assistant’s in the travel, hospitality and gaming
industries.
Comcast Corporation (CMCSA) —
Comcast is the largest cable company in the United States. Its
cable communications segment offers video, high-speed internet,
voice, security and automation services to both residential and
business customers via its XFINITY brand. The company also provides
business services that include Ethernet network and cellular
backhaul services to mobile network operators. Comcast’s high-speed
internet segment is growing rapidly, reaching $4.2 billion in the
last quarter, representing an increase of 8.2 percent
year-over-year.
On May 2, 2018, the company announced a multimillion dollar
investment in the expansion of its fiber-based network in Arlington
and Alexandria, providing access to an additional 350 businesses
directly and benefiting hundreds more. Comcast is one of the
fastest growing Ethernet providers in the United States and serves
20 of the top 25 markets.
These companies are all striving to improve their
telecommunications offerings in an ongoing drive to provide
high-quality products and services for their customers. Their
efforts to provide the highest quality services will lead to
company growth and stave off the competition from OTTs, which are
often beset by poor connectivity and communication quality
problems.
For more information on Hammer Fiber Optics Holdings
Corporation, please visit Hammer Fiber Optics (HMMR).
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