Business
Hammer Announces Completion of First West Africa Market: Freetown, Sierra Leone
Hammer Announces Completion of First West Africa Market: Freetown, Sierra Leone.
About this update from Hammer Technology Holdings Corp.
[{"type":"text","content":"\nPISCATAWAY, N.J., Aug. 12, 2019 (GLOBE NEWSWIRE) -- Hammer Fiber Optics Holdings Corp’s (OTCQB: HMMR) announced that its subsidiary in Sierra Leone, Hammer Wireless (SL) Ltd., completed construction of its first network deployment in Freetown, the country’s capital city. The first sector is operational and two additional sectors are planned for rapid deployment, which will provide coverage for the majority of the city, which has a population of over 1.1 million.\n “We are very proud of this accomplishment,” said Michael Cothill, Hammer’s Chairman, who is responsible for overseeing the operations in West Africa on behalf of Hammer’s Board. A native of South Africa, Mr. Cothill has over 30 years of experience working on the African sub-continent. “We look forward to executing on the Board’s vision in Sierra Leone.” Hammer has begun marketing its business class Internet services on its high speed network, which includes products with download speeds capable of exceeding 100 megabits per second. Hammer leverages the patented Air© Technology to offer a very efficient infrastructure that can deliver very high speed service over long distances, making it more efficient than other modern network technologies, including many planned 5G implementations. “We already have salespeople on the ground, working on capitalizing on our investment in the market,” said Ahmed Lamin, Hammer’s local Managing Director, who is responsible for operations, accounting and finance for the subsidiary. “We have a strong team and the support of an involved local Board of Directors to accomplish our objectives.” “We are very pleased with the progress. We have established the foundation in the region and are looking forward to rapid expansion in other countries, with innovative products to serve our clients with the latest state-of-the-art technologies,” said Eric Maire, the Executive Chairman of Telecom Financial Services SA (“TFS”) in Switzerland, who has provided the operational capital and the management of the project to date. “The wireless network provides the ideal platform for our digital transformation projects.” “This deployment will be the template for Hammer’s operations worldwide, including the United States and t...