Skyriver Communications Reaches Profitability In Ontario, California Market.
SAN DIEGO, March 5, 2003
-- Skyriver Communications, Inc. announces today its Ontario, Calif. and surrounding communities market reached profitability ahead of schedule and only 10 months after commercial launch. Covering the communities of Ontario, Chino, Rancho Cucamonga, and portions of Fontana and Pomona, Calif., the Skyriver broadband wireless access network covers geography with a population of approximately 434,000 people and 8,200 small to medium enterprises.
The Ontario metro area, which was projected to achieve profitability in mid-2003, has proven a desirable business environment. Market acceptance is very high, and subscriber additions have averaged 27.3% month over month growth for the 10-month period ending February 28, 2003. Revenues have also seen a dramatic increase, growing in excess of 25% monthly for the first 10 months of commercial activity.
"Our tremendous achievements in this market are a result of our ability to execute a success-based business model and keep our focus on the customer. The advantages of reliability, faster installation times and lower cost, compared to other broadband alternatives are not only why we win new subscribers and distribution partners, but it's also why we keep them," said Skyriver CEO Trent Anderson.
Skyriver Communications Inc. counts among its subscribers in the Ontario area the City of Ontario and City of Montclair as well as hundreds of small to medium enterprises in the area.
About Skyriver Communications
Skyriver Communications, Inc., founded in September 2000 and headquartered in San Diego, is a wholesale wireless broadband access (BWA) provider of low cost, high speed Internet access services. Skyriver deploys and operates last-mile broadband networks in San Diego County and Ontario, California, with plans to expand to other market areas in 2003. Wireless broadband access service can be installed within three business days, and typically is less expensive than traditional wireline services such as business grade DSL and T-1s.
To see if your business location falls within the coverage area, please visit the company Web site at www.skyriver.net
or contact one of Skyriver's distribution partners. For more information on the reseller program or for distribution information, call Scott Redman, vice president of sales, at 858-812-5296.