TMCnet News
ACREBroadband Announces Plan To Connect Every Acre - 12 Investor Town Halls ScheduledCEDAR RAPIDS, Iowa, April 4, 2017 /PRNewswire/ -- ACREBroadband is bringing rural Iowa the same broadband access enjoyed by Iowans in urban areas. Finally bridging the digital divide that leaves many Iowans with poor or non-existent internet access, this revolutionary grassroots movement will ultimately connect every acre of the state with reliable, high-speed internet service. ACREBroadband's innovative digital network will embed high-capacity cellular radios on thousands of pylons across the state to form a geometric grid that will capture and direct internet signals. According to ACREBroadband's CEO / CTO Philip Kennedy, the company will start building in rural Tama and neighboring counties in late spring 2017. "When complete, the system provides homes with high-speed broadband Internet access. It extends the same capability to farm buildings, farm field operations and rural commercial businesses using both fixed and mobile applications," said Kennedy. The platform will meet the needs of rural areas, supporting agriculture (AgTech) and infrastructure (DOT, education, utility, economic development) tools and applications. Qualified Investors Invited to Learn More The company will launch an equity drive with meetings in the following Iowa cities:
Additional meeting information is available here. ACREBroadband plans to seek equity capital from Accredited Investors in a US Securities and Exchange Commission compliant 506(c) private placement offering by ACRE Network Iowa, LLC. This investment provides ownership in the proposed telecommunications infrastructure and business. Qualified investors can email ACREBroadband directly.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/acrebroadband-announces-plan-to-connect-every-acre---12-investor-town-halls-scheduled-300434323.html SOURCE ACREBroadband, Inc 
|