RESTON, Va. and LOS ANGELES, Calif. — January 5, 2012 — LightSquared™, a wholesale carrier building a nationwide wireless broadband network that will create consumer choice and drive industry innovation, and Broadcore, a nationwide provider of all-in-one business communications services with comprehensive client support, have signed a wholesale services agreement that will enable Broadcore to deliver its solutions over LightSquared’s 4G-LTE network.
Broadcore offers an extensible suite of business-class hosted unified communications services, including VoIP, video, IM and presence, conferencing and mobility communications, which are ideally suited for midmarket businesses and organizations in the public sector. With LightSquared, Broadcore not only has a reliable 4G wireless broadband network on which they can run their solutions, the company will also be able to reduce the time it takes to deploy broadband services for its customers.
“Broadcore is focused on offering the most efficient next-generation communications solutions possible so our clients can make their business processes more effective,” said Monty Ferdowsi, president and founder of Broadcore. “With LightSquared, we can more quickly deploy our solutions using an advanced, nationwide wireless broadband network and reduce our clients’ total cost of ownership.”
Broadcore is LightSquared’s 34th wholesale customer, and part of a rapidly growing ecosystem that includes wireless carriers, device manufacturers, nationwide retailers, regional phone companies and mobile content providers.
"LightSquared is enabling Broadcore to more cost-effectively deliver their rich portfolio of hosted communications services to their customers," said Sanjiv Ahuja, chairman and chief executive officer of LightSquared. "Delivering their solutions over LightSquared’s network is a competitive differentiator and supports Broadcore`s commitment to comprehensive client support."
LightSquared's mission is to revolutionize the U.S. wireless industry. With the creation of the first-ever, wholesale-only nationwide 4G-LTE network integrated with satellite coverage, LightSquared offers people the speed, value and reliability of universal connectivity, wherever they are in the United States. As a wholesale-only operator, LightSquared will deploy an open 4G wireless broadband network to be used by existing and new service providers to sell their own devices, applications and services — at a competitive cost and without retail competition from LightSquared. The deployment and operation of LightSquared’s network represent more than $14 billion of private investment over the next eight years. For more information about LightSquared, please go to www.LightSquared.com, www.facebook.com/LightSquared and www.twitter.com/LightSquared.
Broadcore is a provider of hosted unified communications services for businesses. Through an extensible, highly scalable IP communications system, Broadcore offers a unified communications platform for voice (VoIP), video, and mobility communications across the enterprise and multi-location businesses. Broadcore's solutions allow the enterprise to increase employee productivity, accelerate business processes, and improve customer care through tight integration of dispersed communications endpoints for office, mobile, or call center employees.
Broadcore offers lowered total cost of communications ownership by assuming the cost burdens associated with data redundancy, infrastructure expansions, technology obsolescence risks, system scalability, and new feature integration and updates. By removing the costs associated with infrastructure and additional IT staff to maintain increasingly complex communications technologies, Broadcore allows its clients and their IT organizations to focus on their core competencies while remaining current with the latest communications technologies.
With over twenty years of providing telephony communications and hosted UC to over 120,000 users, Broadcore offers faster and easier deployment of communications capabilities within the enterprise, resulting in employee productivity and business agility with minimum interruption to business operations. For more information, please go to www.broadcore.com
Burson-Marsteller for LightSquared
Tel: (212) 614-5012
Forward Looking Statement
This release contains forward-looking statements and information regarding LightSquared and its business. Such statements are based on the current expectations and certain assumptions of LightSquared's management and are, therefore, subject to certain risks and uncertainties. The forward-looking statements expressed herein relate only to information as of the date of this release. LightSquared has no obligation to update these forward-looking statements to reflect events or circumstances after the date of this release, nor is there any assurance that the plans or strategies discussed in this release will not change.