Here To Serve Holding Corp.
ATT, Verizon, Wireless Carriers Increased Spending in Q3 & Q4 2015
MILTON, GA – September 2, 2015, Here To Serve Holding Corp. (OTC Markets: HTSC) - (www.htshc.com). In a recent article dated August 20, 2015 at www.FierceWireless.com, Monica Alleven reported positive movement by the four nationwide U.S. wireless carriers to ramp up their spending entering into the third and fourth quarters of 2015. Ms. Alleven sited several wireless industry analysts’ projections about the increased capex spending, the densification of their networks, as well as small cell and distributed antenna systems (DAS) systems.
With HTSC’s focus on the wireless, cable and utility industries, the Company is optimistic about their business plan and the stage of its execution at this point. As part of the recent article by Ms. Alleven, she determines, “The analysts estimate that AT&T will spend $2.5 billion in the third quarter versus the $2.1 billion it spent in the second quarter, and that T-Mobile will spend $1.2 billion in the third quarter versus the $1.1 billion it spent in the second quarter. Sprint (NYSE: S) and Verizon, however, are likely to spend less in the third quarter than the second quarter. According to their estimates, Sprint will spend $1.5 billion in the third quarter compared with the $1.6 billion it spent in the second quarter, and Verizon will spend $2.9 billion in the third quarter compared with the $3.1 billion it spent in the second quarter.”
To read more about the about the estimates for the wireless industry and specifically this article, please follow the link: http://www.fiercewireless.com/tech/story/analysts-att-t-mobile-likely-spend-more-capex-q3/2015-08-20?utm_medium=nl&utm_source=internal.
HTSC recently announced on September 1, 2015, it had secured several Letters of Intent to begin building an Infrastructure Company focused on the telecom, cable and utility markets. The Company believes the direction of capital spending by the large players in the industry will rely on our consolidated company to build its infrastructure. The Company anticipates closing these transactions before year end 2015.
ABOUT HERE TO SERVE HOLDING CORP. Here To Serve is a holding company with a mission to grow shareholder value and demonstrate positive cash flow through the acquisition of strong operational companies in the telecom, cable and utilities industry. HTSC currently owns roughly 3.2M shares of MRDN, Meridian Waste Solutions, Inc an OTCQB company.
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