Thanks. I always appreciate your insights in these (and other) matters. What did you think about Towerstream's potentially taking a more surgical view of the spectrum, as in, "eying slices of the much-less expensive adjacent A and B spectrum blocks?" --
In earlier times a wireless play like Towerstream would be out wooing the larger incumbents, particularly the once-Inter-Exchange Carriers (IXCs, IECs, etc., may they rest in piece) as an alternative to digging up the local streets, or as a means of providing customers with diversity and redundancy. During the mid-Eighties, for example, wireless CLEC outfits like LOCal Area TElecommunications (LOCATE), whose assets I believe were acquired by what became WinStar Wireless during the mid-Nineties, routinely cut deals with MCI, AT&T, Sprint and other interstates as a means of bypassing (or providing redundant paths for) incumbent LEC services.
Getting back to Towerstream, I find its opposite approach somewhat refreshing. Today, however, one doesn't as readily "attach" to IXCs like they did before, opting, instead, to connect to ISPs for broader reach. And those ISPs today happen to be (guess who?) the incumbent LECs (and lets not forget the MSOs), in the main.
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