This item is part of Stockwatch's value added news feed and is only available to Stockwatch subscribers.Here is a sample of this item:MediaG3 Announces the IW4G WiMAX Launch of Service Availability in the Silicon Valley 2009-11-27 08:55 ET - News Release SANTA CLARA, CA
-- (MARKET WIRE)
-- 11/27/09 
MediaG3, Inc. (PINKSHEETS: MDGC) is pleased
to report the progress on the Company's developing WIMAX service roll-out
strategy in the United States.
MediaG3 announces that the Company's expansion plan is advancing
impressively in Silicon Valley Metropolis. Recently, the Company announced
a successful service launch in Keizer, Salem and Portland, Oregon, Las
Vegas, Nevada and Boise, Idaho. This is part of the Company's 19 state
market roll out of the Company's revolutionary WIMAX services.
The addressable market, demographics, and Company estimated revenue metrics
for broadband internet services in the Silicon Valley metro markets include
the following statistics:
1) Estimated Silicon Valley metro market shows a potential subscriber
base of 1,764,999.
2) Percentage of households using broadband and wireless services are
74%.
3) Available broadband and wireless subscriber base is 1,306,099
households.
4) A very conservative estimated market share to be captured by MediaG3
being 5%.
5) Estimating subscribers' revenues exceed $3,265,000/year initially.
The remainder is available to Stockwatch subscribers. If you would like to give the Stockwatch system a try,
click here for a free 30 day trial subscription. |