Thursday, November 3, 2011

ERF Wireless (ERFB) Diversifies to Ensure Stability and Continued Growth

At a time when companies are losing money and reducing their work force, ERF Wireless is experiencing a boom. With year-over-year revenue growth of 212%, CEO Dr. Dean Cubley says that he is having a hard time keeping up with all of the business.

Texas based ERF Wireless is a wireless communications company with a broad market presence through 4 divisions:

• Bundled Wireless Services, providing Internet, voice, data, and video services across the country
• Enterprise Network Services, providing high-speed data and voice communications for banking
• Network Operations, providing maintenance of wireless broadband networks
• Wireless Messaging Services, providing wireless broadband system design and implementation

Since its founding, ERF Wireless has acquired 16 companies, mostly wireless companies in rural areas and, most recently, in oil and gas producing regions. Today the company is the nation’s leading provider of secure wireless networks for the regional banking industry and is one of the largest wireless Internet Service Providers (WISPs) in the country.

In addition, ERF Wireless has a wholly owned subsidiary, Energy Broadband, Inc., that provides wireless broadband to major oilfield producers, including data transmission to and from drilling rigs and production wells worldwide. Being based near Houston, the company is close to the energy industry. As the energy industry expands, moving into new territories, ERF Wireless is able to serve the companies as well as associated people and businesses. Although their current focus is in the southwest and south central states, the company plans to open an office in North Dakota, where there is also an energy boom.

ERF Wireless’ stated business strategy is to acquire and develop small wireless networks in rural areas, reaching out to additional businesses to grow the networks. If unable to directly acquire, ERF Wireless is open to partnering to build its base. It’s the company’s overall diversification that gives it a stable outlook and the opportunity for continued growth in an otherwise bad economy.

For additional information, visit the company’s website at www.ERFWireless.com

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