I just caught the tail end of conversation. The CEO of transit wireless was on Bloomberg explaining how the rollout takes time but is now going forward at a more rapid pace in NYC. He then talked about a new contract with Toronto, Canada subway system. WSTL provides for Transit Wireless here in NYC and Toronto project could bode well if they do I good job for Trasit Wireless in NYC.
He was on "Talking Stock' show with Pim Foxx. Good exposure at least.
Disclosure-Long WSTL-core position.
Thanks for the post. NYC could be the first of many!!! I have been accumulating more shares and am looking forward to attending the annual shareholders meeting. I think we are going to ride the big mo for a couple of years as the company finds its sweet spot and synergies with Kentrox
Looking at the Transit Wireless website, they indicate that the project will be completed in April of 2017. This sounds like a great reoccurring revenue stream for Westell. Also, they discuss remote monitoring of the system. Hmm? I wonder if that means Kentrox?? Boy, if they could leverage this in other US or even international cities, we would have a home run. A Kentrox solution in each site would provide reoccurring revenue even after the projects are completed.