Business
Edgewater Wireless Investor Update
(via TheNewswire) Ottawa, Canada / TheNewswire / September 19, 2017 - Edgewater Wireless S...
About this update from Edgewater Wireless Systems Inc.
[{"type":"text","content":"Edgewater Wireless Investor Update(via TheNewswire)\n\n \nOttawa, Canada / TheNewswire / September 19, 2017 - Edgewater Wireless Systems Inc. (YFI; TSX.V) is pleased to provide investors with an update on our business and activities.\n\n\n \nThe Cable Industry\n\n\n \nEdgewater Wireless continues to enjoy and benefit from membership in the CableLabs and UpRamp family.\n\n\n \nAs recently as July, we announced our selection by the 5th largest Cable Operator in the United States, Mediacom Cable, for deployment in the exclusive, 500-acre luxury resort, Watercolors. Located on the Florida panhandle (and thankfully spared from the wrath of Hurricane Irma), all of our access points powered by WiFi3 are installed in the high-density areas of the resort and performing well. Look for some updates in the upcoming months as we aim to expand our relationship with Mediacom, building on the successes to date.\n\n\n \nBuoyed by our early success with Mediacom, we're continuing to work with the five other operators and partners from our UpRamp Fiterator participation announced earlier this year -- varying in size, some are larger and some smaller than Mediacom -- and across several market verticals. Our strategy in the cable industry is to demonstrate that WiFi3 provides relief from the challenges associated with high-density or high-interference deployments in multiple market verticals such as; entertainment venues, hospitality venues, campuses and more. We are also opening new opportunities within the Cable Industry in the United States as well as Europe and Asia.\n\n\n \nAs an industry, Cable is the largest consumer of WiFi equipment and they're facing significant challenges to service and support their business and consumer customers. As we are all aware, WiFi increasingly faces service interruptions and performance issues due to the ever-increasing device density and interference issues. Through our engagement with the Cable Industry, we're focused on solving major hurdles as the exponential growth in wireless devices continues - many CableCos are planning for 40-60 devices in the home! Edgewater Wireless was recruited into the Fiterator Accelerator program to solve some of the most significant issues in Cable WiFi services today and the future.\n\n\n \nOn that note, through our continued focus on the Cable Industry, and buoyed by our rece...