WirelessDevNet.com Press Release
Towerstream Completes Acquisition of Delos Internet in Houston
Middletown, RI - March 5, 2013 - Towerstream Corporation, a leading 4G and Small Cell Rooftop Tower company, completed its acquisition of Delos Internet ("Delos") which operates in Houston, Texas.
"We are pleased to close the Delos acquisition which expands our national presence to 13 markets including 9 of the 10 largest in the country," stated Joseph Hernon, Chief Financial Officer. "This marks our fifth acquisition to date and we continue to seek opportunities in existing and new markets."
Jeff Thompson, CEO will be presenting at today's Deutsche Bank Securities 2013 dbAccess Media, Internet & Telecom Conference from 3:25p.m. - 4:00p.m. EST. Investors and other interested parties may access a live webcast of the presentation by visiting the following URL: http://www.media-server.com/m/p/3us5ir73.
Mr. Thompson will discuss the company's recently formed subsidiary, Hetnets Tower Corporation, created to facilitate the growth of Towerstream's shared wireless infrastructure business as well as discuss the company's acquisition program including the closing of Delos Internet based in Houston, its fifth acquisition to date.
About Towerstream Corporation
Towerstream (Nasdaq:TWER) is a leading 4G and Small Cell Rooftop Tower company. The company owns, operates, and leases Wi-Fi and Small Cell rooftop tower locations to cellular phone operators, tower, Internet and cable companies and hosts a variety of customers on its network.
Towerstream was originally founded in 2000 to deliver fixed-wireless high-speed Internet access to businesses and to date offers superior broadband services in over 13 urban markets including New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Houston, Nashville, Las Vegas-Reno and the greater Providence area. For more information on Towerstream services, please visit http://www.towerstream.com/ and/or follow us @Towerstream.