[SatNews] Following last month’s announcement of their intent to co-develop a fixed wireless broadband service, DISH (NASDAQ: DISH) and NTELOS Holding Corp. (NASDAQ: NTLS) have now deployed broadband service in rural Virginia using wireless spectrum in the 2.5GHz range. Broadband service speeds at the initial test sites are ranging from 20 to more than 50Mbps.
“This trial delivers speeds several times faster to our home than the wireline service that we have been using,”said Anthony Gingerich, Waynesboro resident and nTelos employee. “Streaming video is a very good experience through the fixed broadband connection and the overall Internet experience has improved for our family.”
As part of the demonstration, nTelos and DISH have activated two wireless tower test sites in the Blue Ridge Mountains near Waynesboro and Afton, Virginia. Ericsson and Alcatel-Lucent have provided equipment and assisted in the installation. The trial differentiates itself from prior fixed broadband services by relying on professionally installed rooftop devices at customers˙ homes that are intended to deliver significant gain and throughput advantages over inside-the-home antenna solutions. DISH has deployed BandRich ruggedized outdoor routers with built-in high-gain antennas to receive the 2.5GHz LTE signal.
“With nearly a fifth of American households underserved by broadband, a fixed wireless solution delivering true broadband speeds will bring improved broadband options to potentially millions of consumers,” said Tom Cullen, DISH executive vice president of Corporate Development. “DISH has a nationwide workforce of professional technicians that can be dispatched to install both a satellite dish for our video service and an antenna for broadband on the same roof at the same time.”
“nTelos is extremely encouraged by the level of progress we’ve achieved since announcing our co-development project with DISH less than three weeks ago. This has been a true team effort, bringing together the talents and expertise of various vendor partners to accelerate the completion of our LTE core and to design and install fixed broadband wireless technology within the nTelos footprint,” said James A. Hyde, CEO of NTELOS Holdings Corp. “We are excited to test this first of its kind offering, with an emphasis on further shrinking the service gap of underserved, rural communities. As we prove out the concept and refine the offering, we are confident this partnership will build value for all our stake holders.”
DISH and nTelos have not disclosed details on the duration of the trial service or plans for expansion beyond the test sites.
Additionally, DISH Network Corporation (NASDAQ: DISH) has extended the expiration of the previously announced tender offer to acquire all of the outstanding shares of Class A Common Stock of Clearwire Corporation. The offer is at $4.40 per share, net to the seller in cash, without interest, less any applicable withholding taxes, until 12:00 midnight (New York City time) at the end of the day on Tuesday, July 2, 2013, unless further extended or earlier terminated.
The tender offer was previously scheduled to expire at 12:00 midnight (New York City time) at the end of the day on Friday, June 28, 2013. Certain other modifications to the previously announced tender offer were also announced today on an amendment to the Schedule TO filed with the SEC and available at www.sec.gov.
Colbent Corporation, the depository for the tender offer, has advised that, as of the close of business on Tuesday, June 11, 2013, approximately 245,411 shares of common stock of Clearwire were validly tendered and not validly withdrawn from the tender offer.
