NEW YORK, May 10, 2018 (GLOBE NEWSWIRE) -- via NetworkWire — NetworkNewsWire ("NNW"), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR), a client of NNW and telecommunications company investing in the future of wireless technology.
To view the full publication, titled “Telecommunications Companies Modernize, Diversify in Face of Competition,” visit: http://nnw.fm/W3xHg /
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).”
About Hammer Fiber
Hammer Fiber Optic Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology whose holdings include Hammer Fiber Optic Investments, Ltd. D/B/A Hammer Communications, a New Jersey-based Internet Service Provider (ISP) that offers internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. Hammer Fiber serves residential and small business markets with high capacity broadband, voice and video through both direct fiber as well as its wireless fiber platform, Hammer Wireless® AIR technology. For more information, visit the company’s website at www.HammerComm.com.
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Forward-Looking Statements
This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. All forward-looking statements are inherently uncertain as they are based on current expectations and assumptions concerning future events or future performance of the company. Readers are cautioned not to place undue reliance on these forward-looking statements, which are only predictions and speak only as of the date hereof. In evaluating such statements, prospective investors should review carefully various risks and uncertainties identified in this release and matters set in the company's SEC filings. These risks and uncertainties could cause the company's actual results to differ materially from those indicated in the forward-looking statements.
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