FTWR - Sector: Services---Industry: Communications Services

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FiberTower Corp. is Today's Focus Stock on
MicroStockProfit.com

Press Release Source: MicroStockProfit.com On Tuesday May 31, 2011, 6:50 am EDT

DALLAS, May 31, 2011 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring FiberTower Corp. (Nasdaq:FTWR - News). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.



The full report is available at: www.microstockprofit.com/lp/FTWR



FiberTower Corp. (FTWR) is an alternative provider of facilities-based backhaul services to wireless carriers. Backhaul is the transport piece between a carrier's cell site (base station at the cell tower) and its switching facility. As of March 31, 2010, the company provided services to 6,207 billing customer locations at 2,776 billing sites in 13 markets throughout the United States and had master service agreements with nine U.S. wireless carriers. The service agreement with Verizon Business allows the company to provide government-grade services for other Verizon Business-managed contracts. The company's portfolio of market-based 24 GHz and 39 GHz licenses, extending to over 99% of the United States, is ideal for high-capacity broadband backhaul and transport, delivering the coverage, capacity and quality that carriers, enterprises and government agencies need to handle rapidly rising broadband data demand from their clients.



This newsletter has been helping traders make great investment decisions on FTWR; click here for a 25% discount offer.



In the report, the analyst notes:



"Shares of FTWR soared past 36% gains in Friday's trading, closing the session at $1.52. The stock has gained about 116% over the last three trading days. FTWR saw high trading volume on Friday, with over 8.6 million shares changing hands during the session -- nearly 12 times the 10-day average volume."



"FTWR posted services revenue net of early termination liability (ETL) of $21.3 million for the quarter, an increase of 23% from the same period in 2010. The Company's average monthly revenue per deployed site net of ETL was $2,142, up from $1,842 reported in the first quarter of 2010."



To read the entire report visit: www.microstockprofit.com/lp/FTWR



See what investors are saying about FTWR at http://www.stockhideout.com



Get breaking news on FTWR at http://thestockmarketwatch.com/



MicroStockProfit.com is a small-cap research and investment commentary provider. MicroStockProfit.com strives to provide a balanced view of many promising small-cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the public information available on them. For more information on MicroStockProfit please visit: http://www.microstockprofit.com



MicroStockProfit.com Disclosure



MicroStockProfit.com is not a registered investment advisor and nothing contained in any materials should be construed as a recommendation to buy or sell any securities. MicroStockProfit.com is a Web site wholly owned by BlueWave Advisors, LLC. Neither MicroStockProfit.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. Please read our report and visit our website, MicroStockProfit.com, for complete risks and disclosures.


Contact:
Brian [email protected]

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Profile: 

FiberTower Corporation
185 Berry Street
Suite 4800
San Francisco, CA 94107
United States - Map
Phone: 415-659-3500
Fax: 415-659-0007
Website: http://www.fibertower.com

Details   
Index Membership: N/A
Sector: Technology
Industry: Wireless Communications
Full Time Employees: 142


Business Summary   

FiberTower Corporation provides facilities-based backhaul and premise access services to wireless carriers, government, and enterprise markets in the United States. It provide backhaul services by utilizing its wireless spectrum assets and fiber relationships to construct and operate high-coverage, high-capacity hybrid microwave and fiber networks. The company provides carrier-grade connectivity over its licensed spectrum to enterprises located in on-net and off-net buildings. It offers transport services based on various protocols, such as time division multiplexing (TDM), SONET, and Ethernet. As of March 31, 2010, the company provided services to 6,207 billing customer locations at 2,776 billing sites in 13 markets, including Atlanta, Boston, Chicago, Cleveland, Dallas/Fort Worth, Denver, Detroit, Houston, New York/New Jersey, Pittsburgh, San Antonio/Austin/Waco, Washington DC/N. Virginia/S. Maryland, and West Florida. FiberTower Corporation is headquartered in San Francisco, California.


Business Overview

BRIEF: For the fiscal year ended 31 December 2010, Fiber Tower Corporation's revenues increased 20% to $55.7M. Net loss totaled $48M vs. a profit of $2.1M. Revenues reflect an increase in service revenues. Net loss reflects an increase in cost of service revenues, a rise in sales & marketing expenses, an increase in depreciation & amortization expenses, decreased interest income and the absence of gain on early extinguishments of debt. http://www.fibertower.com

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FiberTower Corporation (NASDAQ:FTWR): Shares of FiberTower Corporation are trading higher today. FiberTower Corporation provides wireless, high-speed, point-to-point telecommunications services to major wireless carriers, enterprises, and government agencies. The Corporation provides backhaul services to wireless carriers in markets in the United States.

Day's Range: 1.59 - 2.09
52wk Range: 0.73 - 4.87
Volume: 6,265,112
Avg Vol (3m): 498,628
Market Cap: 84.98M
P/E (ttm): N/A
EPS (ttm): -1.00
Div & Yield: N/A (N/A)


Technicals
Most Actives
Percentage Gainer

Last Price Quote is:
84.55%above 13-day EMA
21.86%above 50-day EMA
RS Rating: 6 

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New Opportunity in Wireless Emerges -- Research Report on Clearwire Corporation and FiberTower Corporation

announced its research report highlighting Clearwire Corporation (NASDAQ:CLWR - News) and FiberTower Corporation (NASDAQ:FTWR - News). Full content and research is available at www.EquityMarketsInc.com/research.php.


Equity Markets is covering FiberTower Corporation for its focus on facilities-based backhaul services to wireless carriers. As of December 31, 2009, the Company provided services to 6,317 billing customer locations at 2,788 billing sites in 13 markets throughout the United States; had master service agreements with nine wireless carriers in the United States; had relationships with fiber service providers giving the Company access to over 1,000 mobile switching centers (MSCs) and 125,000 fiber-based aggregation points, and owned a national spectrum portfolio of 24 gigahertz (GHz) and 39 gigahertz wide-area spectrum licenses. The full research report on FiberTower Corporation (NASDAQ:FTWR - News) is available here: www.EquityMarketsInc.com/researchfile4891.php.

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Our mission at Equity Markets is to be the best source of content and research, while educating, enlightening and informing investors. Equity Markets combines street smart analysts and professional market researchers to provide investors with detailed company profiles and market coverage.

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