67 WALL STREET, New York - July 21, 2014 - The Wall Street Transcript has just published its Wireless Communications & Telecom Report offering a timely review of the sector to serious investors and industry executives. This special feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.
Topics covered: Increased Competition in Wireless Space - Mobile Trends in Emerging Markets - China LTE Market - Hypercompetitiveness in Handset Market - Emerging Market Volumes
Companies include: Lumos Networks Corp. (LMOS) and many more.
In the following excerpt from the Wireless Communications & Telecom Report, the President and CEO of Lumos Networks Corp. (LMOS) discusses company strategy and the outlook for this vital industry:
TWST: To start, can you give us an overview of Lumos Networks?
Mr. Biltz: I like to describe Lumos Networks as a 100-year-old startup. Lumos became a publicly traded entity in late 2011, but its roots go back over 100 years in providing telephony services in three small rural counties in the Shenandoah Valley in Virginia. The company did that quite successfully for over 100 years.
Prior to our spinoff, Lumos began a journey to transform both products and services offered, and the geography where we offer them. Particularly since 2012, we have been focused on building a dense fiber-optic network to offer high-speed Ethernet and bandwidth services, underpinned by long-term contracts, to a variety of enterprise and carrier customers. Additionally, we have legacy telecom businesses, which formed the foundation for the great reputation on which we are building our current transformation.
TWST: Why do you use a fiber-optic network?
Mr. Biltz: Fiber optic is made from glass, and on each end of that glass, we put electronics that have the ability to send data at the speed of light. Fiber optics is the fastest known communication device or system that's been developed, and until the physicists figure there is something faster than speed of light, it will probably be the medium over which all high-speed data services traverse. Fundamentally, we bundle a series of strands of glass, and on each end, we put high-end electronics that convert data to light and then to packets, which we transmit using high-speed light. We use fiber optics because it is simply the fastest, most efficient method of sending data.
TWST: Now take that and explain how that fiber translates into your wireless offering.
For more of this interview and many others visit the Wall Street Transcript - a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs, portfolio managers and research analysts. This special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.