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November 29, 2007

Podium Venture Group, Inc. Subsidiary Coastal Broadband Experiences 300% Revenue Growth

By Calvin Azuri, TMCnet Contributing Editor

Podium Venture Group, Inc had announced that its subsidiary (Pink Sheets: PDVP) - Coastal Broadband – has witnessed a 300% growth in revenues for November 2007 over November 2006, according to a press release. Coastal Broadband offers turnkey wireless broadband solutions. The company provides residents, small businesses and school campuses with Intranet connectivity and Internet access.



In rural communities, wireless broadband and networking solutions have taken a long time in being introduced. Since the number of service providers offering these services is very few, the process of introducing these services has been further delayed. In such a scenario, providers like Coastal Broadband offer a ray of hope and customers in these areas can look forward to leveraging next-generation technology for their business and personal needs.
Established in 2002, Coastal Broadband Inc. is a Georgia based Corporation that offers Wireless Broadband and Networking Solutions to rural communities and schools across the Southeast. Coastal Broadband is certified for US Department of Agriculture ERATE and US Small Business Administration HUB-Zone.
Currently, Coastal Broadband offers its services to more than 4500 school children, educators and administrators in seven school facilities. In addition to this, the company has hundreds of commercial and residential wireless Internet subscribers and the numbers are constantly increasing. The service areas of the company cover areas from Glynn County in Southeast Georgia and extend all the way to Calhoun County near the Alabama border.
 “Coastal Broadband continues to exceed all expectations we had for them. Coastal Broadband was expected to grow at a steady rate, but their performance to date has been exceptional,” Rob Loud, President of Podium Venture Group, was quoted as saying in the report. “The growth Coastal Broadband has them well on the way to having revenues of over $1 million in 2008. Ron Ham continues to find new business opportunities and close deals.”
Podium Venture Group Inc. (http://www.podiumvg.com) is a holding company that has holdings in wireless broadband, disaster recovery and business continuity, real-estate, and sports apparel. Coastal Broadband (http://www.coastalbb.com) is a subsidiary of Podium Venture Group. The company is a wireless broadband provider in Southern Georgia.
Podium Venture Group’s holdings are represented by Noh Limits Consulting (http://www.nohlimits.com) in the disaster recovery & business continuity markets. The milestone achieved by its subsidiary adds to the company’s list of achievements in the recent past.
Want to learn more about the topic covered in this article? Check out TMCnet’s White Paper Library, a collection of in-depth information on relevant topics affecting the IP communications industry. This information is free to registered users.
 
Calvin Azuri is a contributing editor for TMCnet.


 







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