Towerstream keeps on kicking telco butt!

Using WiMax to offer competitive T-1 and up service levels to business, virtually on demand and at a big discount, Towerstream’s revenues grew by 53% in the last quarter. WiMax enables Towerstream to bypass the telco last mile infrastructure (and the need to lease access), giving the firm a ultimate pricing flexibility and instant deliverability.

CEO Jeff Thompson said: “These strong results reflect the continued maturation of both our newer markets and our sales force.  Over the past 12 months, we have significantly increased the number of account executives and the customer pipelines developed by our expanded sales force is beginning to yield results.  Our Internet-based marketing initiatives, and the success of our mid-range product offering of 8 mbps at $999 per month, are also driving sales growth.” (Firece Broadband Wireless)

Commercial access is one of the telecom guy’s biggest profit makers, with operating margins in excess og 90%. If Towerstream and  others like them continue to make inroads into the commercial access business, the T-1 jackpot will be over.