The ISP Store Partners with LightSquared to Deliver Wireless Broadband Services to its Extensive Roster of ISP Customers
RESTON, Va. and OREM, Utah, Jan. 6, 2012 /PRNewswire-USNewswire/ -- LightSquared™, a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and drive industry innovation, and The ISP Store, a wholesale aggregator of Internet services such as DSL, cable, VoIP and wireless that resells these services to hundreds of small- and medium-sized Internet Services Providers (ISPs) and Wireless Internet Service Providers (WISPs) across the country, have announced a wholesale agreement.
Under this agreement, The ISP Store will offer its growing base of ISP and WISP customers, which serves nearly three million end-users, a range of services that run on LightSquared's 4G-LTE network. Working with multiple backbone services, The ISP Store will provide ISPs and WISPs with services at highly competitive rates. By aggregating various Internet access services to deliver a cost-effective solution, The ISP Store enables its customers to generate recurring revenue. With access to the LightSquared network, those ISPs and WISPs can further enhance their current service portfolios by delivering advanced wireless broadband services at affordable rates.
"LightSquared's groundbreaking business model ensures that we can provide our customers with affordable access to state-of-the-art wireless technology," said William Calamia, president and chief executive officer of The ISP Store. "With LightSquared's network, our extensive roster of customers can now offer their nearly three million end-users affordable wireless services that will boost their ability to succeed in an increasingly competitive marketplace."
LightSquared's mission is to bring competition to the U.S. wireless market by offering access to a new 4G-LTE wireless network through a unique wholesale model. The ISP Store represents LightSquared's 35th wholesale customer, one of dozens of wireless carriers, device manufacturers, nationwide retailers, regional phone companies and mobile content providers who plan to use LightSquared's network to offer competitively-priced wireless service to their customers.
"The growing ISP and WISP communities are an essential channel for achieving LightSquared's vision of bringing world-class wireless broadband service to 260 million Americans," said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. "By introducing private-label wireless solutions based on LightSquared's network, The ISP Store is positioning itself to be a leading wholesale provider of all Internet products and services. We look forward to partnering with The ISP Store to help small- and medium-sized ISPs and WISPs across the country compete on a level playing field."
About LightSquared
LightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services—at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared's network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared.
About The ISP Store
The ISP Store, established in 2009, is a national wholesale provider of Internet services featuring an executive team with more than 20 years experience. The partners of The ISP Store have dedicated themselves to servicing Internet Service Providers (ISPs) and Wireless Internet Service Providers (WISPs) with backbone services such as Dialup, DSL, Cable, T1s and Wireless connectivity, under the ISPs' or WISPs' own label. During 2011, The ISP Store added extra-valued services, such as Private Labeled VoIP systems, Email, Web Hosting and 24 x 7 Tech Support. In 2012 The ISP Store plans to develop additional features for its clients, such as Total Turnkey ISP Solutions to include Dialup, DSL, Cable, Email and VoIP Packages, all backed with its first class 24 x 7 End-subscriber Tech Support Center. Additional information is available at www.theispstore.com.
Forward-Looking Statement
This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared's management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.
SOURCE LightSquared
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