Hammer Fiber Optics Holdings Corp (OTCQB: HMMR) has begun construction of its networks in Sierra Leone and Dominica. The first phase of both networks, which includes the deployment of wholesale voice and SMS services in each market, is progressing on schedule. POP selections have been made and network equipment has either been delivered in country or is en route into the market. Hammer announced that the first services in these markets would be available in its third fiscal quarter, ending April 2019.
“Hammer has now entered its next phase of development,” said Erik Levitt, Hammer’s CEO. “The acquisitions made last quarter have been fully integrated, and we now look forward to building into the new markets we have established.” Hammer announced its partnership with Wikibuli to deploy its wholesale network and retail wireless facilities in Dominica in December of 2018. The announcement of its first deployment in West Africa in Sierra Leone followed in January. “We will grow organically in our new markets as well as through acquisition.”
“Our accomplishments last quarter have laid the foundation for Hammer’s future,” said Michael Cothill, Hammer’s Chairman and a veteran of the African wireless marketplace. “We look forward to expanding our operations in West Africa, the Eastern Caribbean and in the United States.” Hammer is deploying its “Everything Wireless” strategy across multiple markets both as an operator and using strategic partnerships under its Mobile Network Service Provider Program.
“We are proving that Everything Wireless can be deployed effectively in any market, anywhere in the world,” said Kristen Vasicek, Hammer’s COO, who oversees Hammer’s global marketing strategy. “We plan to set the standard for connectivity for the global citizen.” Hammer’s Air Technology provides a high speed, triple play service for residential and business customers, while also providing a high-speed backhaul for LTE networks, WiFi and other mobility services as well as Smart City networks. Hammer’s OTT technology includes a robust SMS platform and high speed voice switching platform that addresses the needs of both the mobile network, enterprise clients and other carriers.
“Technology is only one piece in solving the world’s connectivity puzzle. Hammer’s combination of global reach, local experience and advanced technology makes us unique in the marketplace,” added Levitt. “I have the utmost confidence in our team. The trust and respect that we have built over the last decade provides the ideal environment for us to accomplish our objectives.”
Hammer Fiber Optics Holdings Corp. (OTCQB:HMMR) is a telecommunications company investing in the future of wireless technology. Hammer’s “Everything Wireless” go to market strategy includes the development of high-speed fixed wireless service for residential and small businesses using its wireless fiber platform, Hammer Wireless® AIR, Over-the-Top services such as voice, SMS and video collaboration services, the construction of smart city networks and hosting services including cloud and colocation. For more information contact Frank Pena at firstname.lastname@example.org.
Forward Looking Statements
This press release contains projections and other forward-looking statements regarding future events or our future financial performance. All statements other than present and historical facts and conditions contained in this release, including any statements regarding our future results of operations and financial positions, business strategy, plans and our objectives for future operations, are forward-looking statements (within the meaning of the Private Securities Litigation Reform Act of 1995, Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended). These statements are only predictions and reflect our current beliefs and expectations with respect to future events and are based on assumptions and subject to risk and uncertainties and subject to change at any time. We operate in a very competitive and rapidly changing environment. New risks emerge from time to time. Given these risks and uncertainties, you should not place undue reliance on these forward-looking statements. Actual events or results may differ materially from those contained in the projections or forward-looking statements. Forward-looking statements in this release are made pursuant to the safe harbor provisions contained in the Private Securities Litigation Reform Act of 1995