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Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (HMMR) announced today that effective November 1, 2018 it has closed on the acquisitions of 1stPoint Communications, LLC, Open Data Centers, LLC and Shelcomm, Inc. the acquisition of Endstream Communications is pending regulatory approval. The terms of the acquisitions were released via an 8K on September 12, 2018 and amended on November 6, 2018. The structure of the acquisitions is both accretive and non-dilutive to common shareholders. “Upon closing the acquisitions Hammer now has all of the components in place to begin to execute on its ‘Everything Wireless’ strategy,” said Erik Levitt, Hammer’s Chief Executive Officer.
POINT PLEASANT BEACH, NJ / ACCESSWIRE / October 10, 2018 / Hammer Fiber Optic Investments Ltd., D/B/A Hammer Communications, a wholly owned subsidiary of Hammer Fiber Optic Holdings Corp. (HMMR) today filed a form 8-K with the SEC in regarding the decision to cease some of its services. The decision was as the result of a lease termination by Verizon Communications in its 28 Ghz spectrum. The lease was originally executed by Hammer Communications on December 15th, 2015 between Hammer Communications and Straight Path Communications.
POINT PLEASANT BEACH, NJ and PISCATAWAY, NJ / ACCESSWIRE / September 12, 2018 / Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (HMMR) announced today that it has signed a definitive agreement to acquire the stock of Open Data Centers, LLC, Endstream Communications, LLC and 1stPoint Communications, LLC and its subsidiaries. 1stPoint has strong intellectual property in over-the-top services such as SMS/texting and collaboration tools, virtual desktop and managed hosting services. Open Data Centers operates a carrier neutral colocation facility in Piscataway, New Jersey and an edge data center in Homewood, Alabama.
“This will expand our potential viewership reach from 100 million homes to a reach of over 400 million homes. Our goal in 2019 is to reach a billion homes worldwide per broadcast. This will make us one of the largest, most diversified business media platforms in the world,” states Vince Caruso, CEO of FMW Media Works Corp.
POINT PLEASANT BEACH, N.J. and PISCATAWAY, N.J., July 31, 2018 /PRNewswire/ -- Hammer Fiber Optics Holdings Corp. (HMMR) d/b/a Hammer Communications announced today that it has renewed its Letter of Intent to acquire 1stPoint Communications, Endstream Communications and Open Data Centers. "The industrial logic of the acquisition remains unchanged," said Erik Levitt, CEO of 1stPoint Communications. "The resulting entity will be perfectly positioned to be a market leader in wireless network deployment." Today Hammer provides DOCSIS over wireless triple play services to subscribers in its first deployment in Atlantic County.
ORLANDO, FL / ACCESSWIRE / July 17, 2018 / In real estate investing the axiom "Location, Location, Location" is a succinct and prevailing doctrine for success. For emergent public companies, ...
ORLANDO, FL / ACCESSWIRE / July 2, 2018 / A recent essay from Motley Fool sheds some important light on the significant turnaround for bell-cow optical communications stocks which saw significant gains in recent months, NeoPhotonics, Lumentum Holdings, and IPG Photonics most notably. Industry stocks had been beleaguered by numerous adverse factors including some hesitation on 4G equipment orders as telecoms figured out their 5G futures, a generational sea change in transceiver modules which created some stasis in ordering while it pans out and a near standstill in Chinese fiber optic equipment orders in 2017 and major trade issues for China's largest equipment vendors with the U.S., according to the report.
ORLANDO, FL / ACCESSWIRE / June 26, 2018 / By most estimations fiber optic technology is a superior means of data transfer, faster and more efficient. Enter Hammer Fiber Optic Holdings (OTCQB: HMMR). Hammer's technology accomplishes the last mile with a smart hybrid of fiber optic and wireless, making the last mile achievable.
Look back for but a moment and consider the rise of personal computing, the internet, wireless, cryptocurrency and more and their impact in the market and our way of life. According to the new market research report on "Optical Communication and Networking Market" the optical communication and networking market is expected to grow from USD 15.11 Billion in 2017 to USD 24.12 Billion by 2023, at a CAGR of 8.1% between 2017 and 2023. The forecast states that the growth of this market is driven by the growing data center deployments, and increasing internet penetration and data traffic.
When we first were introduced to Hammer Fiber Optic Holdings (OTCQB: HMMR) and their efforts in the fiber optic space we knew that fiber optic companies were getting more attention because of the increased introduction of fiber optic technology in the real world. In the piece "The Future of Fiber," the author speaks to the superiority of Fiber Optic technology, explaining, "Fiber-optic cable sounds like something out of a sci-fi film, and from all the talk, it'd be easy to think that it's just a marketing gimmick to upsell us on our internet packages.
New York, New York--(Newsfile Corp. - May 25, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled "Everything Wireless Approach Key to Capturing Nascent 5G Market," featuring Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR).To hear the NetworkNewsAudio version, visit http://nnw.fm/n9dnETo read the original editorial, visit http://nnw.fm/6yFitHammer Fiber Optics' (HMMR) patented AIR System was designed around and is based on ultra-high-frequency MMDS (multichannel multipoint distribution system), utilizing frequency division duplexing for upstream and downstream ...
Point Pleasant Beach, New Jersey--(Newsfile Corp. - May 17, 2018) - Hammer Fiber Optic Holdings Corp d/b/a Hammer Communications (OTCQB: HMMR) and 1stPoint Communications announced today the launch of their Mobile Network Services Provider program. Hammer will assist wireless Internet service providers and cable operators in second and third tier markets increasing their subscriber base quickly. Using patented AIR technology, Hammer can provide high speed wireless triple play service using the DOCSIS and pre-5G ...
New York, New York--(Newsfile Corp. - May 11, 2018) - NetworkNewsAudio announces the Audio Press Release (APR) titled "Telecommunications Companies Modernize, Diversify in Face of Competition," featuring Hammer Fiber Optics Holdings Corp. (OTCQB: HMMR).To hear the NetworkNewsAudio version, visit: http://nnw.fm/E3k0QTo read the original editorial, visit: http://nnw.fm/KTit0Hammer recently formed a new business unit, Hammer Sphere, under the Hammer Communications umbrella. This unit will have responsibility for the company's expanded IaaS cloud services that will enable ...
Point Pleasant Beach, New Jersey--(Newsfile Corp. - May 8, 2018) - Hammer Fiber Optics Holdings Corp (OTCQB: HMMR), d/b/a Hammer Communications, announced today that a letter of intent to acquire the stock of 1stPoint Communications, LLC and its subsidiaries, including Open Data Centers, LLC and Endstream Communications, LLC, has been executed by all parties. 1stPoint is a competitive local exchange carrier operating nationwide with intellectual property in services such as SMS/texting, collaboration tools and ...
Point Pleasant Beach, New Jersey--(Newsfile Corp. - April 17, 2018) - Hammer Fiber Optic Investments Ltd., a wholly owned subsidiary of Hammer Fiber Optic Holdings Corp. (OTCQB: HMMR), announced today it will be changing its DBA name from Hammer Fiber to Hammer Communications. This change comes with new visual brand improvements, a new website and new internal organization. The new website can be found at www.hammercomm.com. Remaining as a business unit of Hammer Communications, ...
POINT PLEASANT BEACH, N.J., Jan. 10, 2018 /PRNewswire/ -- New Jersey based wireless and fiber network operator, Hammer Fiber Optic Investments Ltd., a subsidiary of Hammer Fiber Optic Holdings Corp. (HMMR) announced the launch of their Virtual Private Network (VPN) service. Customers of this service connect and utilize the internet through their own encrypted connection and Hammer Fiber's VPN servers, allowing them private, unrestricted access. Utilizing Hammer Fiber's robust server infrastructure, this platform will allow users unparalleled security, privacy and anonymity. This launch is part of a suite of services that have been released in recent months and will continue to grow in early 2018 focused on infrastructure and carrier grade services. "We wanted to make sure that our customers had a way to connect and surf the internet away from the scrutiny of internet service providers, even ourselves.
POINT PLEASANT BEACH, N.J. , Jan. 3, 2018 /PRNewswire/ -- New Jersey based wireless and fiber network operator, Hammer Fiber Optic Investments Ltd., a wholly owned subsidiary of Hammer Fiber Optic Holdings ...