I am pleased to introduce the exhibitors for the 2012 Broadband Conference (Building our Connected Future: Minnesota’s Better with Broadband!). Today our featured exhibitor is LocaLoop.
LocaLoop Inc. offers rural areas a profitable 4G turnkey business solution to bring affordable broadband Internet to rural communities
LocaLoop’s proven 4G wireless solution enables our service provider partners to profitably sell affordable fixed and mobile broadband Internet service in rural areas.
LocaLoop leverages its patented cloud technology and business model:
- LocaLoop’s Software-as-a-Service (SaaS), LocaLoopNet™ operating and customer management platform.
- Proven 4G hardware from established vendors.
- Network/planning/engineering/project management expertise.
- Automated Marketing and Sales tools.
The turnkey business solution is offered in a Pay-as-you-Grow approach and as a consequence, up-front capital requirements are dramatically reduced and ongoing operating costs are proportionally distributed across the subscriber base. Any local phone company, Internet provider, utility or municipality is now able to partner with LocaLoop to quickly create a profitable 4G broadband Internet business.
LocaLoop has under the synKro™ brand launched its first rural 4G turnkey joint venture (www.synkrosouthwest.com ) with Southwest Minnesota Broadband Systems (www.mysmbs.com ), covering eight rural cities in southwest Minnesota. In this region, LocaLoop’s 4G wireless broadband Internet complements SMBS Fiber to the Home (FTTH) service by reaching beyond fiber’s economic viability. Additionally, LocaLoop is providing mobility, a feature which FTTH cannot provide.
www.localoop.com
www.synkrosouthwest.com
LocaLoop Press Release:
Minnesota Poised To Lead In Next Generation Rural Broadband Adoption
LocaLoop ‘takes to the cloud’ delivering affordable 4G wireless and mobile broadband Internet service to underserved communities
Contact:
LocaLoop, Inc.
Carl-Johan Torarp
612-327-3303
cjtorarp@localoop.com
Duluth, MN — November 14, 2012 – Approximately 50 million Americans living in 20 million rural households have limited or no access to high-speed broadband Internet, according to a 2010 U.S. government study. Closing this “digital divide” must be a major driver in regional economic development and Minnesota is on the cusp of leading in the solution, according to a Minnesota technology entrepreneur.
“Now is the time for Minnesota to solve the digital divide without any need for taxpayer money,” said Carl Johan Torarp, speaking at the Blandin Foundation’s 2012 Broadband Conference being held in Duluth.
Torarp is the CEO and founder of Minneapolis-based LocaLoop, Inc., an Internet software technology company created exclusively for the advancement, management and deployment of affordable wireless broadband Internet services in rural communities.
While industry-standard 4G technology is being deployed in high-density metro markets serving tens of millions of users, extending high-speed fiber to individual homes in rural areas is uneconomical, Torarp said. “Sweden tried, but abandoned the effort because it cost up to $5,000 per home,” he said. Major carriers will continue to ignore underserved rural markets as they concentrate on deploying 4G technology in high-density urban markets, he added.
LocaLoop’s patented technology enables a different approach, reaching remote users via relatively low cost wireless transmission sites and cloud-based business management through joint ventures with local providers to deliver both mobile and fixed broadband Internet.
“We put the network operating center, business management software and mobility ‘into the cloud’ creating an efficient, profitable turn-key platform for local providers,” Torarp said.
LocaLoop, Inc. through its wholly-owned subsidiary SynKro Southwest, LLC, recently signed a five-year contract to do just that in the Southwest Minnesota Broadband Services (SMBS) subscriber area in Jackson, Nobel and Cottonwood counties.
“Minnesota can show the way in closing the 4G availability gap for rural markets,” Torarp concluded.
About LocaLoop
LocaLoop, Inc. is the first mobile 4G service provider in America created exclusively for the advancement, management and deployment of affordable wireless broadband Internet services in rural and underserved communities. LocaLoop’s patented 4G cloud technology provides a profitable business platform in partnership with local providers while delivering an optimized broadband Internet user experience. For more information, go to http://www.localoop.com/