With its acquisition of 208 Local Multipoint Distribution Service (LMDS) band spectrum licenses, GeoLinks is poised to stake its claim in the GHz band world. If approved by the FCC, the transfer of licenses from Verizon to GeoLinks would make it the top holder of LMDS licenses in the 29/31 GHz bands, the company announced in a press release.
“Thanks to this acquisition,” said Skylar Ditchfield, co-founder and CEO at GeoLinks, “we will be able to deliver superior solutions to existing carriers in the largest cities in the U.S., expand service in suburban areas, and bring connectivity to more underserved markets, all while maintaining our commitment to excellence and reliability. We will also be able to further expand our closing of the digital divide in rural markets while bringing a service offering comparable to the urban markets.”
Once the deal goes through, GeoLinks will assume control of a total MHz/POP of 70,612,423,950. The spectrum license acquisition includes cities across the U.S. from New York, to Fort Lauderdale, to Los Angeles, to Minneapolis-St. Paul with many cities in between. GeoLinks has stated that it intends to maintain and expand its current customer base, delivering faster speeds on both fixed point-to-point and point-to-multipoint wireless services, as well as offering backhaul for 5G services.
“With this deal we will control our own airwaves and have the ability to provide gigabit and multi-gigabit speeds at lower prices and with fiber-like latency and jitter statistics to our customer base across these markets,” said Ditchfield.