Re: [WISPA] Selling ISP

I had a meeting a couple weeks ago with a company looking to buy us. They have deep pockets and were looking at cash only deal. If I'm looking to sell, it's obviously because I want to go in a different direction. The last thing I'd want to do is go through the enter sale process only to have to ta

Re: [WISPA] PMP100 Software Revisions

Ok...only aps and sms we use extensively are 900 which started at p9 hardware...so that explains why we weren't otherwise familiar... Sent from my Verizon Wireless 4G LTE Smartphone - Reply message - From: "Scott" To: "WISPA General List" Subject: [WISPA] PMP100 Software Revisions Dat

Re: [WISPA] PMP100 Software Revisions

P8 SMs will do hardware scheduling, thus they can run versions higher than V7.3.6, APs and back hauls do not support hardware scheduling prior to P9 (supposedly) thus they are limited to the older software-scheduling loads. Scott On Mar 19, 2014, at 5:19 PM, David Williamson wrote: > I would

Re: [WISPA] PMP100 Software Revisions

Ok...well...news to me :) Sent from my Verizon Wireless 4G LTE Smartphone - Reply message - From: "David Williamson" To: "WISPA General List" Subject: [WISPA] PMP100 Software Revisions Date: Wed, Mar 19, 2014 5:19 PM I would disagree.  We have P8 hardware on our network with 12.1 firmw

Re: [WISPA] PMP100 Software Revisions

I would disagree. We have P8 hardware on our network with 12.1 firmware installed on them. David Williamson Winchester Wireless From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of CBB - Jay Fuller Sent: Monday, March 17, 2014 1:48 AM To: WISPA General List

Re: [WISPA] Selling ISP

Primary housing is a different deal altogether. Unlike businesses, where you can get immediate repossession, you often can’t with housing. From: wireless-boun...@wispa.org [mailto:wireless-boun...@wispa.org] On Behalf Of CBB - Jay Fuller Sent: Wednesday, March 19, 2014 4:02 PM To: WISPA General

Re: [WISPA] Selling ISP

The going rate, we've seen (and has been discussed here many times), is about 1.5x annual revenue - Original Message - From: Eagle One Wireless To: 'WISPA General List' Sent: Wednesday, March 19, 2014 10:33 AM Subject: Re: [WISPA] Selling ISP We priced ours at 2.5x gross

Re: [WISPA] Selling ISP

So you're not taking the bet? :) If he was telling you that "a strong majority" of the seller-financed deals he did "ended with the sellers seeing less than promised for one reason or another," then that should have been a major red flag! That's not to say that he wasn't experienced-after 40

Re: [WISPA] Selling ISP

Real Estate for the most part, only appreciates. A business not run well, depreciates. Big difference. I own commercial real estate and a WISP. I have no issues seller financing real estate but have huge issues financing a WISP purchase. On Wed, Mar 19, 2014 at 5:03 PM, Cameron Crum wrote: > B

Re: [WISPA] Selling ISP

We are four months in on THIS deal and have made every payment. About two years ago we did another albeit smaller deal ...made every payment on it too. As a buyer...I guess I see this differently Sent from my Verizon Wireless 4G LTE Smartphone - Reply message - From: "Cameron Crum

Re: [WISPA] Selling ISP

Because there are foreclosure laws with homes, but have you ever tried evicting someone? It can take months. On Wed, Mar 19, 2014 at 4:01 PM, CBB - Jay Fuller wrote: > > Then why do people sell houses on owner financing ? > > Sent from my Verizon Wireless 4G LTE Smartphone > > - Reply messa

Re: [WISPA] Selling ISP

Justin, Sorry the people you know had some bad experiences. To give you counterfactuals from my own experience, I sold 2 of my 3 businesses "on contract," so to speak. One of the sales did go bad and I used liens that we included in the agreement language we negotiated to actually take the bu

Re: [WISPA] Selling ISP

Then why do people sell houses on owner financing ? Sent from my Verizon Wireless 4G LTE Smartphone - Reply message - From: "Justin Wilson" To: "WISPA General List" Subject: [WISPA] Selling ISP Date: Wed, Mar 19, 2014 3:50 PM Having been a part of a deal gone bad I recommend cash up f

Re: [WISPA] Selling ISP

Of course there are lots of ways to get money too, besides banks. When it comes down to it, I don't care where the money comes from, as long as it isn't my pocket. The guy we ended up using was an attorney and cpa and had done nothing but put together business sales of all kinds for the last 40 ye

Re: [WISPA] Selling ISP

Having been a part of a deal gone bad I recommend cash up front. Once you hand over the keys it¹s pretty hard to get it back. If you have to go to Litigation you are going to be spending money out of pocket for attorneys. I agree with Cameron. Cash at closing. If you don¹t do 100% cash at closi

Re: [WISPA] Selling ISP

My last acquisition? Mom, dad and seller, all in roughly equal portions. ;-) - Mike Hammett Intelligent Computing Solutions http://www.ics-il.com - Original Message - From: "Alex Perez" To: "WISPA General List" Sent: Wednesday, March 19, 2014 3:14:29 PM Subject: Re: [WIS

Re: [WISPA] Selling ISP

I understand your concerns. I've done tech/ISP M&A for years (including selling three of my own ISP and telecom businesses) since before I was a lawyer. Even now, I consult telecom and ISP clients regularly on how to structure deals and how to handle the labor and employment issues (since emp

Re: [WISPA] Selling ISP

Next time you talk to the business attorney or accountant, ask them "How many purchase agreements for ISPs, telecom companies, and Internet/web properties have you negotiated?" I'll bet you a beer at the next WISPA show that the answer is either "None" or "1" Doug From: wireless-boun...@wisp

Re: [WISPA] Selling ISP

Every business attorney and accountant has told me the same thing, cash only. On Wed, Mar 19, 2014 at 4:09 PM, Cameron Crum wrote: > Doug, > > The problem I see with that is that you will most likely have to take the > other party to court to enforce the terms of your agreement if one of the >

Re: [WISPA] Selling ISP

In a low interest rate market, I don't believe in financing any part of a selling business. But if there is some disagreement about how much it values, some kind of performance payment could be in order. But financing per se is not the role of seller; banks exist for that. Rubens On Wed, Mar 19

Re: [WISPA] Selling ISP

Cameron, On the flip-side, finding a traditional bank to finance the purchase of a WISP may be fraught with its own set of challenges, which don’t necessarily have anything to do with the quality of the business, its operations, *or* the knowledge of the purchaser. If anyone can refer others t

Re: [WISPA] Selling ISP

Doug, The problem I see with that is that you will most likely have to take the other party to court to enforce the terms of your agreement if one of the terms is breached. It could take months or even years to get a final judgement at which time there may be nothing left. This may be good advice

Re: [WISPA] Selling ISP

Of course! You have to have a willing seller and buyer to start. My point is that setting preconditions before you get started (as a buyer or as a seller) unnecessarily limits what you ultimately would be able to do. Don’t take options off the table until you have a specific deal to consider.

Re: [WISPA] Selling ISP

Depends on how bad you want to sell ...we don't always want to buy. Sent from my Verizon Wireless 4G LTE Smartphone - Reply message - From: "Hass, Douglas A." To: "WISPA General List" Subject: [WISPA] Selling ISP Date: Wed, Mar 19, 2014 2:08 PM Cameron— There’s lots of ways to struc

Re: [WISPA] Selling ISP

Cameron— There’s lots of ways to structure the deal so that you’re protected, even if the buyer is a complete imbecile and even if the buyer doesn’t have cash up front. If you want to sell or if you want to buy, don’t let the all-cash restriction prevent you from making a deal. If you end up

Re: [WISPA] Truck logos/wraps

On the UBNT forum there is an example of the one the guys in Alaska did. - Mike Hammett Intelligent Computing Solutions http://www.ics-il.com - Original Message - From: "Josh Luthman" To: "WISPA General List" Sent: Wednesday, March 19, 2014 9:39:06 AM Subject: [WISPA] Tr

[WISPA] For those of you who rely on public DNS

http://www.itnews.com.au/News/375278,google-dns-servers-suffer-brief-traffic -hijack.aspx Traffic to Google's commonly used public DNS service was rerouted over the weekend, meaning traffic with Domain Name System resolution queries destined for Google's servers ended up at a Venezuelan network in

Re: [WISPA] Selling ISP

The deal I did was about 60/40 upfront vs. financed. - Mike Hammett Intelligent Computing Solutions http://www.ics-il.com - Original Message - From: "Cameron Crum" To: "WISPA General List" Sent: Wednesday, March 19, 2014 1:44:40 PM Subject: Re: [WISPA] Selling ISP The

Re: [WISPA] Selling ISP

The seller is not a bank. Why should they take on all the risk? What happens if the buyer is a complete imbecile and runs the network into the ground and defaults on payments? Now you are in court suing for money you will most likely never see, and even if you retake possession of the network, it m

Re: [WISPA] Selling ISP

There's many more buyers out there. - Mike Hammett Intelligent Computing Solutions http://www.ics-il.com - Original Message - From: "Randy Cosby" To: "WISPA General List" Sent: Wednesday, March 19, 2014 11:00:34 AM Subject: Re: [WISPA] Selling ISP Is anyone actually bu

Re: [WISPA] Selling ISP

Yeah, starts at 1.5x and then goes up or down depending on how good it is\easy it is to integrate\speed to cost efficiencies. - Mike Hammett Intelligent Computing Solutions http://www.ics-il.com - Original Message - From: "CBB - Jay Fuller" To: "WISPA General List" Sent:

Re: [WISPA] Selling ISP

I've seen it said many times, "If the seller won't finance, you don't want to buy it." ;-) - Mike Hammett Intelligent Computing Solutions http://www.ics-il.com - Original Message - From: "Eagle One Wireless" To: "WISPA General List" Sent: Wednesday, March 19, 2014 10:33:

Re: [WISPA] Selling ISP

Is anyone actually buying right now? I haven't heard much about the big buyer (Jab) lately. On 3/19/2014 9:49 AM, CBB - Jay Fuller wrote: The going rate, we've seen (and has been discussed here many times), is about 1.5x annual revenue - Original Message - *From:* Eagle One

Re: [WISPA] Selling ISP

Yes, there is actually more acquisition activity "more than kicking the tires" going on right now than I have seen in a while. Join us at WISPAmerica 2014 in Little Rock, March 21st-28th Respectfully, Rick Harnish Executive Director WISPA 260-307-4000 c

Re: [WISPA] Selling ISP

Outside of financials, gear and how things are running today is going to have some impact. Everybody buys to increase their user base but if they are going to change out all the equipment then it holds less value, if they have to rewire every tower location to get it up to par then you get the pict

Re: [WISPA] Selling ISP

We were looking to buy last year and diddoubled our size, now we are adjusting. :) - Original Message - From: Randy Cosby To: WISPA General List Sent: Wednesday, March 19, 2014 11:00 AM Subject: Re: [WISPA] Selling ISP Is anyone actually buying right now? I haven't

Re: [WISPA] Selling ISP

Call me Jay.. 931-638-7873 On 3/19/2014 10:39 AM, CBB - Jay Fuller wrote: You also must provide financials - which you did not to us - last time you talked to us about selling. :) (not eagle one, but surfmore) - Original Message - *From:* Eagle One Wireless

Re: [WISPA] Selling ISP

You also must provide financials - which you did not to us - last time you talked to us about selling. :) (not eagle one, but surfmore) - Original Message - From: Eagle One Wireless To: 'WISPA General List' Sent: Wednesday, March 19, 2014 10:33 AM Subject: Re: [WISPA] Sellin

Re: [WISPA] Selling ISP

We priced ours at 2.5x gross revenue. We had about 10 companies contact us. I would say 5 were serious but they wanted us to finance it so we decided not to sell. Thanks, Kevin Melson Eagle One Wireless 1505 Hwy 72 E Corinth, MS 38834 662-287-1722 e...@e1w.com www.e1w.com -Original Messag

[WISPA] Selling ISP

What is the current rate for selling your ISP! I would like to sell, for health reasons. Thanks for your help! Jean ___ Wireless mailing list Wireless@wispa.org http://lists.wispa.org/mailman/listinfo/wireless

[WISPA] Truck logos/wraps

Looking at getting some stickers on the truck. I'd appreciate any examples and ideas you could share to get things moving for me. Josh Luthman Office: 937-552-2340 Direct: 937-552-2343 1100 Wayne St Suite 1337 Troy, OH 45373 ___ Wireless mailing list Wi

[WISPA] Re-Use 1 - A techincal discussion

Hi folks, I'm having an interesting dialogue about the subject topic offline. One of our engineers embedded in one of the largest BWA networks in North America (450+ base stations/over 70k CPE) has chimed in. His comments bear spreading to the community. The responding engineer cut his teeth ye