- CEO
- Philip J. Urso
- Full Time Employees
- 44
- Sector
- Communication Services
- Industry
- Telecommunications Services
- Address
- Tech 3 Building Middletown RI United States of America 02842
- IPO Date
- Jan 24, 2007
- Business
- Towerstream Corporation (OTCQB: TWER) provides fixed wireless broadband services as a fiber alternative, delivering high-speed dedicated Internet access to commercial and residential customers across multiple urban markets in the United States. The company offers business class Internet solutions including single-tenant fixed wireless broadband, scalable symmetrical bandwidth from 1.5 Mbps to 10 Gbps with guaranteed 99.99% uptime, on-net services for multi-tenant buildings, temporary Internet deployments for events or short-term needs, wholesale dedicated access to carriers and partners, residential high-speed unlimited data plans, Internet backup and failover, voice over IP (VoIP) solutions, and POTS replacement services; these offerings support bandwidth on demand, virtual private networks, disaster recovery, bundled data and video, and rapid installation within 3-5 days. Founded in 1999 and headquartered in Middletown, Rhode Island, Towerstream operates in 12 key markets such as New York City, Boston, Chicago, Los Angeles, San Francisco Bay area, Philadelphia, Miami, Seattle, Dallas-Fort Worth, Houston, Las Vegas-Reno, and Providence-Newport, serving businesses, residential users, property managers, and wholesale partners through direct sales and channel programs. In recent years, the company has maintained its focus on network expansion and service reliability without publicly reported major acquisitions, funding rounds, or strategic alliances since its 2016 NASDAQ delisting to OTC markets, continuing to emphasize fixed wireless infrastructure as a cost-effective, low-latency alternative to fiber for enterprise and consumer connectivity.