The current economic climate is forcing consumers to reduce cable and satellite services while taking advantage of soaring on-demand Internet video solutions. Certainly, during tougher economic times, consumers become very motivated to explore less expensive entertainment options. Netflix™, which delivers over 17,000 streaming on-demand titles in addition to rapidly mailing new releases, has become a phenomenon with consumers offering prices as low as $8.99 per month. Investors are certainly pleased with Netflix’s™ stock which has more than tripled in value over the last two years against the worst economic backdrop that the U.S. has seen since the 1930’s.
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In early 2009, the U.S. Congress directed the Federal Communications Commission (FCC) to develop a National Broadband Plan to ensure every American has “access to broadband capability”. Congress also required that the plan include a detailed strategy for achieving affordability and maximizing use of broadband to advance “consumer welfare, civic participation, public safety and homeland security, community development, health care delivery, energy independence and efficiency, education, employee training, private sector investment, entrepreneurial activity, job creation and economic growth, and other national purposes.” The Plan aims to enable 100 million U.S. homes to have affordable high-speed services of at least 100 megabits per second in download speeds. Read more here »



On February 10th, 2010, Google published a “request for information” (RFI) seeking input from local government, community groups and members of the public. The RFI is in conjunction with Google’s plans to build and test ultra-high speed broadband networks in a small number of trial locations across the country delivering Internet speeds more than 100 times faster than what most Americans have access to today with 1 gigabit per second, fiber-to-th-home connections. Google states they will offer service at a competitive price to at least 50,000, and potentially up to 500,000 people. Read more here »





As you can see, there remains a large and urgent unmet need for last-mile bandwidth distribution solutions worldwide. Additionally, the evolution of the Internet into a television delivery and real-time visual communication platform has increased the demand for much higher speed connections to people’s homes. This is confirmed by the fact that major companies are committing to spending billions of dollars rolling out very expensive fiber-to-the-home systems. Of the world’s one billion Internet users, only 6.2% are on broadband of any kind. And this “broadband” is typically 100 times slower than what fiber-optics or Gigaband networks can provide. Governments worldwide consider broadband a fundamental key to economic growth. Many countries are investing in infrastructure and clearing regulatory hurdles for extending broadband access to their citizens.

In the U.S., the FCC recently announced that current broadband solutions are wholly inadequate in terms of performance and coverage to support the needed growth of new services and the economy. They have encouraged the development of low-cost wireless solutions that can deliver up to 100 times current “broadband” performance levels—exactly what gigaband networks is working to commercialize. Analysts cite Korea as a country that transacted 30% of its GDP on broadband as early 2002 because of their commitment to widespread broadband coverage. In the US, the Brookings Institution projects that universal broadband could grow the economy by $300B annually, and the White House has called for government to focus on making broadband access universal and has provided 7 billion in subsidies to encourage more wireless network deployments. A $100B or greater worldwide opportunity awaits equipment suppliers if several technological barriers can be overcome by the industry.


We believe that Gigaband Networks has the foundation necessary to capitalize on tomorrows Internet needs and is positioned to capture a significant portion of this enormous worldwide opportunity. Armed with its’ intellectual property, US patented solutions and a management team composed of industry veterans with over 40 years of successful experience from AT&T, SBC Communications, Bell Atlantic and Lawrence Berkeley Labs, Gigaband Networks is addressing these urgent needs today.