Friday, April 17, 2009

StockGuru Featured Company: Omnicity Corp. (OMCY.OB)

Omnicity Corp. is focused on providing broadband access, including advanced services of voice, video and data, in un-served and underserved small and rural markets. The company aims to be the premier consolidator of rural market broadband nationwide. Omnicity plans to do this by offering a total broadband solution and through organic growth as well as acquisitions, while partnering with Rural Electric Municipal Cooperatives and Rural Telephone Companies.

Since its inception in 2003, Omnicity has grown to be one of the largest rural WISPs in the Midwest. The company’s value proposition is providing internet access to rural America nationwide at a significantly lower cost than wire or fiber optics. Providing high speed internet access in rural areas is currently a hot business and in the future Omnicity anticipates providing many other value-added services for its customers including telecommunication (VOIP) and video on demand.

Omnicity has a management team with extensive WISP, financial and public company expertise as well as the experience necessary to consolidate many WISPs through the company’s roll-up strategy. Meeting with top policy aides for U.S. Senators and Congressmen Mike Pence and Dan Burton, Omnicity executives have conducted a series of meetings to make their views known to the lawmakers on critical policy elements and on the disbursement of the $7.85 billion in telecommunications related grants for rural broadband deployment.

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