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Airborne Wireless Network Closer to Providing Wholesale Broadband Service in The Sky

Airborne Wireless Network Signs MOU With Electric Lightwave Holdings, Inc., A Fiber, Cable, And Data Infrastructure Provider

Airborne Wireless Network today announced it has entered into an agreement with Electric Lightwave Holdings Inc that will accommodate a ground-based network segment critical to providing telcos and ISPs with wholesale, aircraft-based, airborne broadband service

Airborne Wireless Network (OTC QB: ABWN) is pleased to announce it has entered into an agreement with Electric Lightwave Holdings, Inc. ("Electric Lightwave"). This agreement creates a mutually beneficial relationship pursuant to which the ground segment of our contemplated Infinitus Super Highway will be supported by Electric Lightwave's 12,500-mile fiber optics cable and data center network, which is located throughout the Western United States, including an undersea cable link to the Hawaiian Islands.

Furthermore, we believe this agreement is significant, as it provides us access to strategic properties on which we may construct our ground stations.

With this agreement, we have moved closer toward creating the Infinitus Super Highway.

Jason T. de Mos, our Vice President of Business Development and Aviation Compliance, said, "This agreement will allow our contemplated Infinitus Super Highwayâ„¢, once implemented, to reach the end users.  Without a ground link, users would have no way to access our network.  This agreement with Electric Lightwave Holdings, Inc. provides that initial link to the ground, paving the way for ground segment partnerships for the remainder of the United States."

Also, pursuant to this agreement, Electric Lightwave has agreed to assist us with introductions and other support and advisory services during our testing phases through and including final system rollout.

On November 30, 2016, Zayo Group Holdings, Inc. announced it has entered into an agreement to acquire Electric Lightwave, formerly known as Integra Telecom, for $1.42 billion in cash.  We do not believe that Zayo's acquisition of Electric Lightwave will affect our agreement with Electric Lightwave.

Source; Airborne Wireless Network release


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