Friday, August 23, 2013

ERF Wireless, Inc. (ERFB) Increases Customer Base with Continued Expansion of High Speed Internet Service

ERF Wireless provides crucial infrastructure wireless broadband communications products and services to a broad range of customers in mainly rural oil and gas exploration areas of North America. The company also delivers high quality broadband services – an essential means of communication services – to residential, oil and gas, educational, health care, and regional banks in rural areas. ERF Wireless has followed a business strategy to acquire the best wireless broadband service companies in order to provide high-speed internet service to private entities, cities, municipalities, and the public.

ERF Wireless employs a business strategy that has shifted the company into a leading position in the United States as one of the largest WISP’s. Additionally, ERF Wireless has recently concentrated its focus on using its networks to provide large-scale wireless broadband to regional healthcare facilities and education institutions. The company plans to continue its resilient strategy of building and operating wireless broadband networks through a mixture of acquisitions, strategic partnerships, and new network construction.

Energy Broadband, Inc. (EBI) is the division of ERF that facilitates communication channels to remote areas where, in the past, the ability to communicate effectively and rapidly had been non-existent. This development has provided drilling operations and exploration activities the very important advantage of communicating and strategizing with remote offices and field personnel, therby reducing operating expenses and increasing sales revenue.

The ERF Wireless Internet Service Provider (WISP) Division presents customized technology solutions for business customers by employing network professionals responsible for custom-design, implementation, and maintenance of networks in several locations. It also offers partnerships with Microsoft, Dell, Cisco, and certifications that are recognized and accepted in the industry. This particular division also delivers an essential product called erfVault, which is an affordable online backup solution process for businesses.

ERF Wireless filed its form 10-Q with the SEC reporting results for the quarter ending June 30, 2013. The company’s financial results indicate its continuous business strategy and investment in delivering network and communication services to the oil and gas industry. The company reported overall consolidated revenues of $1,563,000 for the quarter ending June 30, 2013. Importantly, the company indicated increases in its customer growth base and enterprise network services with the addition of bank branches. The company’s Energy Broadband subsidiary reported revenues of $2,014,000 for the six months ending June 30, 2013. The company remained constant in its Gross Profit margins over the 12-month period ending June 30, 2013.

ERF is comprised of four divisions supplying wireless broadband product and services: Enterprise Network Services (Banks, Educational Institutions, and Healthcare Facilities), Bundled Wireless Services (WISP), Network Operations (overall Operational Support), and Wireless Messaging Services (Product Manufacturing and Maintenance). The company also claims the wholly owned subsidiary, Energy Broadband, Inc. (Oil & Gas). Complete information can be found at the company websites: www.erfwireless.com, www.energybroadband.com, and www.erfwireless.net.

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