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CoConnect starts deployment of a metropolitan wireless mesh network in St. George, Utah
March 22, 2005
SALT LAKE CITY -- CoConnect, Inc. , a marketer of ultra high-speed wireless Internet access, VoIP and IPTV/VoD products, is pleased to announce today that it has officially started the deployment of its Metropolitan Wireless Mesh network in the St. George Utah market.
The deployment of 200 Wireless Communication Nodes and the build-out of a Carrier Class Backbone Network will allow CNTI the ability to acquire up to 50,000 new customers in the St. George area. The Metro Mesh Network will be a free service with access at 56K and will include service plans ranging from $14.95 for 256K, $24.95 for 512K, $34.95 for 1.5Mbps and $39.95 for up to 45Mbps. Allowances for commercial accounts will be adjusted. CNTI estimates that year-end 2005 subscriptions could reach 12,500 subscribers and should exceed total subscriptions of 30,000 by year-end 2006. These projections should provide CNTI with an average of $350,000 in monthly revenue by year-end 2005 and an estimated $840,000 monthly by year-end 2006.
Tim Thayne, CEO of CoConnect stated, "We are very excited to see this day finally come to fruition. We have been preparing for this deployment for over two years. When completed, within the next 30-60 days our network will be the largest Wireless Metro Mesh network of its kind. Residents of the St. George Community will for the first time have access to services such Ultra High Speed Internet, VoIP, IPTV and Video On Demand, surf the Internet, watch TV and Movies or talk on the phone all while sitting at the park, or a son's baseball game."
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