With COMPTEL (News - Alert) PLUS being a show most commonly related to its Ethernet services and equipment providing attendees, it was no surprise that wireless backhaul was a major trend at the Fall show this week in Orlando, FL.
One specific company that had a large presence in the fiber optic market at COMPTEL and refers to wireless backhaul as its only business is Tower Cloud.
Although a large percentage of attendees at the show this week reside in the Ethernet and wireless backhaul space, Tower Cloud sets itself apart by standing behind the company’s carrier-grade, wireless backhaul solutions and fiber optic networks that bring agility, predictability and reliability to the market. By utilizing pure Ethernet and SONET broadband technologies, Tower Cloud operates a fiber-focused network to backhaul voice, video and data from cell sites for wireless carriers.
TMCnet had the opportunity to sit down with Ron Mudry, President and CEO of Tower Cloud in Orlando, FL, this week at COMPTEL PLUS. Aside from explaining how Tower Cloud differentiates itself in the marketplace and the company’s involvement at the show, Mudry also shared two announcements the company is very proud of and used the event as a platform to promote to like minded companies in the industry.
Tower Cloud focuses on backhaul to its networks in the Southeastern region of the United States since the company is very familiar and knowledgeable with providing services in that area and sees it as an immense opportunity for growth.
One announcement that Tower Cloud made includes a big accomplishment for Tower Cloud as they were recently recognized by PC Magazine as supporting the nation’s fastest 3G and 4G network in Atlanta, GA.
With the launch of its wireless backhaul network in Atlanta, Tower Cloud has built out an enhanced backhaul infrastructure network for three wireless carrier 3G and 4G networks. Tower Cloud's pure Ethernet broadband network consistently delivers the high quality backhaul needed to enable faster mobile user access.
The second announcement revolved around news of $49 million in funding that was raised by Tower Cloud and its investors to expand the Atlanta backhaul network. Mudry referred to the reason behind the large amount raised had to do with the vast opportunities in the mobile backhaul industry right now, particularly with the adoption of smartphones and tablets proving how critical the mobile evolution is becoming for businesses.
Led by two of its existing investors, the Burton Partnership and Knology (News - Alert), Inc., Tower Cloud will use the latest funding round to expand into new markets throughout Florida, Georgia, South Carolina, and Alabama.
Other existing investors in the young company include: Sutter Hill Ventures, El Dorado Ventures, Ballast Point Ventures, Kinetic Ventures, ITC Partners Fund and Noro-Moseley Partners. Joining the group were The Florida Growth Fund and CLR Investors, according to Tower Cloud officials.
Stefanie Mosca is a Managing Editor for TMCnet, with a particular focus in wireless technologies as well as mobile and IP communications. She holds a master's degree in journalism from Quinnipiac University and a bachelor's degree in communication from the University of New Haven. To read more of her articles, please visit her columnist page or follow her on Twitter (News - Alert) @stefaniemosca.
Edited by Stefanie Mosca