RE: [WISPA] Covad Expands Broadband Wireless NetworkWithDataFloAcquisition
I believe that Doug (owner of Dataflo) is a member of this list (or maybe it's isp-wireless), but I think it's better to let him speak for himself -Charles --- WiNOG Wireless Roadshows Coming to a City Near You http://www.winog.com -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Tom DeReggi Sent: Saturday, October 14, 2006 9:44 PM To: WISPA General List Subject: Re: [WISPA] Covad Expands Broadband Wireless NetworkWithDataFloAcquisition DataFlo, What city are they based out of, Chicago? Were they bought because they were failing and got a good deal, or because they were flourishing? Tom DeReggi RapidDSL Wireless, Inc IntAirNet- Fixed Wireless Broadband - Original Message - From: Charles Wu [EMAIL PROTECTED] To: [EMAIL PROTECTED]; 'WISPA General List' wireless@wispa.org Sent: Friday, October 13, 2006 5:40 PM Subject: RE: [WISPA] Covad Expands Broadband Wireless Network WithDataFloAcquisition I love this... [quote] Broadband wireless allows the company to provide higher-capacity services. It can offer 100mbps on unlicensed band and 10mbps on licensed bands - speeds unavailable with DSL. Broadband wireless also enables [/quote] -Charles --- WiNOG Wireless Roadshows Coming to a City Near You http://www.winog.com -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Peter R. Sent: Friday, October 13, 2006 9:47 AM To: WISPA General List Subject: [WISPA] Covad Expands Broadband Wireless Network With DataFloAcquisition Covad Communications Group Inc. announced it will acquire the assets of DataFlo Communications LLC, a Chicago-based broadband wireless provider, adding a sixth market to its coverage area. Covad will acquire substantially all the assets of DataFlo for approximately $1.4 million in cash. For the full 2006 year, DataFlo expects to generate approximately $1 million in revenue. In keeping with Covad's profitability goals, the transaction is EBITDA accretive. The transaction is expected to close later this month subject to customary closing conditions and regulatory approvals. Covad already offers broadband wireless to Los Angeles, San Diego, San Francisco, Orange County and Las Vegas through its wireless subsidiary NextWeb, which it acquired earlier this year. Speaking at the Internet Telephony Conference Expo today, Claude Tolbert, Covad's senior vice president of product solutions planning and priorities, said the acquisition of NextWeb was primarily in response to regulatory uncertainty over the company's access to incumbent broadband networks. With that concern ameliorated, he said, the DataFlo deal is more of a continuation of an overlay network strategy. Broadband wireless allows the company to provide higher-capacity services. It can offer 100mbps on unlicensed band and 10mbps on licensed bands - speeds unavailable with DSL. Broadband wireless also enables Covad to turn up services more quickly, reducing intervals from 25 days for wireline to 10 days for wireless. It also enables the company to serve clientele with temporary needs. Tolbert said the DataFlo network is pre-WiMAX and serves businesses via a direct sales force. This distribution strategy, he added, will help Covad to balance its predominantly wholesale focus. -- Regards, Peter RAD-INFO, Inc. - NSP Strategist We Help ISPs Connect Communicate 813.963.5884 http://4isps.com/newsletter.htm -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.1.408 / Virus Database: 268.13.3/474 - Release Date: 10/13/2006 -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
Re: [WISPA] Covad Expands Broadband Wireless NetworkWithDataFloAcquisition
To us on the inside (ISP owners/operators), 1.4x annual revenue sounds cheap but when you are on the outside it is not so cheap. I know we would sell our ISP for this amount but there are very few qualified buyers in the ISP marketplace at this time these few are looking for 1x annual revenue type deals. So, 1.4x annual revenue is actually really good considering the market at this time. Shannon D. Denniston, Co-Founder KyWiFi, LLC - Mt. Sterling, Kentucky Your Hometown Broadband Provider http://www.KyWiFi.com Call Us Today: 859.274.4033 === $29.99 DSL High Speed Internet $14.99 Home Phone Service $19.99 All Digital Satellite TV - No Phone Line Required for DSL - FREE Activation Equipment - Affordable Upfront Pricing - Locally Owned Operated - We Also Service Most Rural Areas === - Original Message - From: Charles Wu [EMAIL PROTECTED] To: 'WISPA General List' wireless@wispa.org Sent: Sunday, October 15, 2006 11:42 AM Subject: RE: [WISPA] Covad Expands Broadband Wireless NetworkWithDataFloAcquisition Out of curiosity -- how is 1.4x annual revenue considered cheap Keep in mind...this is $$$ CASH $$$, not stock -Charles --- WiNOG Wireless Roadshows Coming to a City Near You http://www.winog.com -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Tom DeReggi Sent: Saturday, October 14, 2006 9:54 PM To: WISPA General List Subject: Re: [WISPA] Covad Expands Broadband Wireless Network WithDataFloAcquisition Which sounds like to me, DataFlow was in a distressed state, doing a firesale.. Tom DeReggi RapidDSL Wireless, Inc IntAirNet- Fixed Wireless Broadband - Original Message - From: Matt Liotta [EMAIL PROTECTED] To: [EMAIL PROTECTED]; WISPA General List wireless@wispa.org Sent: Friday, October 13, 2006 11:04 AM Subject: Re: [WISPA] Covad Expands Broadband Wireless Network With DataFloAcquisition Does anyone know anything about DataFlo? According to the press release it appears they were bought for 1.4x revenue, which seems awfully cheap. -Matt Peter R. wrote: Covad Communications Group Inc. announced it will acquire the assets of DataFlo Communications LLC, a Chicago-based broadband wireless provider, adding a sixth market to its coverage area. Covad will acquire substantially all the assets of DataFlo for approximately $1.4 million in cash. For the full 2006 year, DataFlo expects to generate approximately $1 million in revenue. In keeping with Covad's profitability goals, the transaction is EBITDA accretive. The transaction is expected to close later this month subject to customary closing conditions and regulatory approvals. Covad already offers broadband wireless to Los Angeles, San Diego, San Francisco, Orange County and Las Vegas through its wireless subsidiary NextWeb, which it acquired earlier this year. Speaking at the Internet Telephony Conference Expo today, Claude Tolbert, Covad's senior vice president of product solutions planning and priorities, said the acquisition of NextWeb was primarily in response to regulatory uncertainty over the company's access to incumbent broadband networks. With that concern ameliorated, he said, the DataFlo deal is more of a continuation of an overlay network strategy. Broadband wireless allows the company to provide higher-capacity services. It can offer 100mbps on unlicensed band and 10mbps on licensed bands - speeds unavailable with DSL. Broadband wireless also enables Covad to turn up services more quickly, reducing intervals from 25 days for wireline to 10 days for wireless. It also enables the company to serve clientele with temporary needs. Tolbert said the DataFlo network is pre-WiMAX and serves businesses via a direct sales force. This distribution strategy, he added, will help Covad to balance its predominantly wholesale focus. -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.1.408 / Virus Database: 268.13.3/474 - Release Date: 10/13/2006 -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/
RE: [WISPA] Covad Expands Broadband Wireless NetworkWithDataFloAcquisition
If I had a offer for 1.4x revenue in Cash, I would think about it... If I had a offer for 1.7x cash, I would cash in Gino A. Villarini [EMAIL PROTECTED] Aeronet Wireless Broadband Corp. tel 787.273.4143 fax 787.273.4145 -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Charles Wu Sent: Sunday, October 15, 2006 11:42 AM To: 'WISPA General List' Subject: RE: [WISPA] Covad Expands Broadband Wireless NetworkWithDataFloAcquisition Out of curiosity -- how is 1.4x annual revenue considered cheap Keep in mind...this is $$$ CASH $$$, not stock -Charles --- WiNOG Wireless Roadshows Coming to a City Near You http://www.winog.com -Original Message- From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On Behalf Of Tom DeReggi Sent: Saturday, October 14, 2006 9:54 PM To: WISPA General List Subject: Re: [WISPA] Covad Expands Broadband Wireless Network WithDataFloAcquisition Which sounds like to me, DataFlow was in a distressed state, doing a firesale.. Tom DeReggi RapidDSL Wireless, Inc IntAirNet- Fixed Wireless Broadband - Original Message - From: Matt Liotta [EMAIL PROTECTED] To: [EMAIL PROTECTED]; WISPA General List wireless@wispa.org Sent: Friday, October 13, 2006 11:04 AM Subject: Re: [WISPA] Covad Expands Broadband Wireless Network With DataFloAcquisition Does anyone know anything about DataFlo? According to the press release it appears they were bought for 1.4x revenue, which seems awfully cheap. -Matt Peter R. wrote: Covad Communications Group Inc. announced it will acquire the assets of DataFlo Communications LLC, a Chicago-based broadband wireless provider, adding a sixth market to its coverage area. Covad will acquire substantially all the assets of DataFlo for approximately $1.4 million in cash. For the full 2006 year, DataFlo expects to generate approximately $1 million in revenue. In keeping with Covad's profitability goals, the transaction is EBITDA accretive. The transaction is expected to close later this month subject to customary closing conditions and regulatory approvals. Covad already offers broadband wireless to Los Angeles, San Diego, San Francisco, Orange County and Las Vegas through its wireless subsidiary NextWeb, which it acquired earlier this year. Speaking at the Internet Telephony Conference Expo today, Claude Tolbert, Covad's senior vice president of product solutions planning and priorities, said the acquisition of NextWeb was primarily in response to regulatory uncertainty over the company's access to incumbent broadband networks. With that concern ameliorated, he said, the DataFlo deal is more of a continuation of an overlay network strategy. Broadband wireless allows the company to provide higher-capacity services. It can offer 100mbps on unlicensed band and 10mbps on licensed bands - speeds unavailable with DSL. Broadband wireless also enables Covad to turn up services more quickly, reducing intervals from 25 days for wireline to 10 days for wireless. It also enables the company to serve clientele with temporary needs. Tolbert said the DataFlo network is pre-WiMAX and serves businesses via a direct sales force. This distribution strategy, he added, will help Covad to balance its predominantly wholesale focus. -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- No virus found in this incoming message. Checked by AVG Free Edition. Version: 7.1.408 / Virus Database: 268.13.3/474 - Release Date: 10/13/2006 -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/ -- WISPA Wireless List: wireless@wispa.org Subscribe/Unsubscribe: http://lists.wispa.org/mailman/listinfo/wireless Archives: http://lists.wispa.org/pipermail/wireless/