OVERVIEW
ERF Wireless Inc. is a fully reporting public company trading on the NASDAQ electronic OTC bulletin board exchange under the symbol ERFW. The company provides wireless broadband communications products and services on a nationwide basis to enterprise, commercial and retail users.
The core focus of ERF Wireless is the acquisition and/or construction of strategically placed wireless broadband networks to provide delivery of reliable, bundled high-speed wireless broadband services, including Internet bandwidth, voice, security and limited video services for regional banks, the oil and gas industry, healthcare institutions, enterprise, commercial, residential and private entities, as well as cities and unincorporated municipalities.
The primary objective of ERF Wireless is the generation of a profitable recurring revenue base from highly satisfied wireless broadband customers. This base of recurring revenue is being generated through a combination of growth in the existing ERF Wireless networks, as well as an aggressive strategy to acquire the most promising competing broadband networks.
THE MARKET
The market for wireless broadband products and services has grown dramatically over the past few years and is expected to dominate all wireless markets over the next ten years.
Most Americans today obtain broadband access to the Internet through wired connections such as cable or telephone-line DSL, although broadband wireless technology is beginning to play an increasingly important role in Internet access. Such wireless technologies include Ultra Wideband (UWB), Wi-Fi, WiMax and 3rd Generation (3G) cellular networks.
Wireless broadband provides a truly versatile communication medium that is less expensive than a wired solution, faster to implement, and can be configured for one or more applications. Given the wireless technology gains and the Federal Communications Commission's (FCC) adoption of an order to restructure frequencies within one of the several bands used for wireless broadband communication, ERF Wireless firmly believes that wireless broadband will become a "third pipe" as both an alternative and extension to DSL and cable modem services, the two chief means of delivering high-speed Internet service today.
Although wireless broadband has been in use for a number of years, the recent advent of industry standards has made it possible to link the many small systems into a more robust wide area network and this is accelerating the growth of the wireless broadband industry.
Traditionally, the typical wireless broadband network has been a small startup that has been local in operation and severely under-funded. There are exceptions to this rule, but they are few compared to the patchwork of individual companies that make up the majority of the wireless broadband service provider networks currently in operation in North America.
There have been a number of reasons for this pattern of growth, including the existing infrastructure of the incumbent ILEC wireline carriers and the growth of DSL and cable modem data delivery capabilities. However, while these resources have been significant to a subset of customers, they have failed to measure up to many customers' expectations of having continuous connectivity wherever they may be.
While it is acceptable for Internet connectivity to be provided by a DSL or cable modem when one is available, the typical American Internet user frequently requires connectivity in a number of locations, including outside locations as well as mobile situations. Only a very robust wide area wireless broadband environment can meet all of these challenges.
THE ERF WIRELESS BUSINESS STRATEGY
ERF Wireless believes that it is in the unique position to be able to take advantage of this particular moment in time when the wireless broadband industry is going through a metamorphosis from a diverse group of individual small networks with limited interoperability to a new growth industry dominated by larger networks with wide-area interoperability and economies of scale. This change in the wireless broadband industry will not occur overnight, but rather over the next five to ten years. And, those companies that build larger networks and expand their revenue bases will be well rewarded when they utilize these wireless broadband networks to serve some of the most profitable enterprise customers, such as the regional banking, oil and gas, healthcare and petrochemical industries, as well as traditional residential and commercial customers.
The ERF Wireless business strategy is composed of three major components:
- The first component is to assemble a first-class public company with both the business and technical expertise and the experience to manage a large wireless broadband network and recurring-revenue customer base on a nationwide basis.
- The second component of this business strategy is to locate the "best of breed" of the existing wireless broadband networks in North America and to acquire the more advantageous of these networks through the leverage of the liquidity of the public company.
- The third component of this business strategy is to link all of these diverse networks together with industry standard hardware and software to provide a seamless wireless broadband coverage over a large part, if not all, of the North American market. By that time, such a wireless broadband network will certainly be of interest to the much slower moving ILECs or other large wireless network players.
Recent Releases
Nov 5, 2009
ERF Wireless Ranked Number 113 Fastest Growing Company in North America on Deloitte's 2009 Technology Fast 500(TM)
Oct 21, 2009
ERF Wireless and Partnership Broadband Enter into a Strategic Agreement to Deliver Digital Oilfield Solutions to North Central Texas
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Events
Mar 4, 2009
Shareholder Conference Call Webcast
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