H.C. Wainwright (Rodman & Renshaw) Upgrades Towerstream (TWER) to Buy

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Go back to H.C. Wainwright (Rodman & Renshaw) Upgrades Towerstream (TWER) to Buy

Towerstream Reports Second Quarter 2015 Results and Business Update

August 10, 2015 4:00 PM EDT

MIDDLETOWN, R.I., Aug. 10, 2015 (GLOBE NEWSWIRE) -- Towerstream Corporation (NASDAQ: TWER) (the "Company"), a Fixed Wireless Fiber Alternative provider, announced results for the second quarter ended June 30, 2015 and provided a business update.

Operating Highlights and Business Update

Shared Wireless Infrastructure

Executed contracts in July 2015 with a leading carrier for the colocation of small cell equipment on shared wireless infrastructure. Contract executed with a global cellular connectivity company for the Internet of Things (IoT) which includes minimum purchasing commitments. Entered agreement with Syscom to provide wireless... More