It’s an Exciting Moment for Telecommunication Infrastructure Growth


It’s an exciting moment for the growth of telecommunication infrastructure, especially in places that aren’t New York City or Los Angeles.

While the “big three” companies will continue to fight each other in urban markets, rolling out things like 5G and battling for the best densification, there’s enormous space for the hundreds of smaller companies who are looking to serve small towns and rural environments, which became even more attractive in 2020.

“The new race is the rural race. That’s where the Tier 2s, the Tier 3s, the munis, the co-ops and the electric utilities are really playing a role,” said Tom Counts, CEO of 3-GIS. “The electric utilities have a number of factors pushing them. They’ve seen declining revenue for the last decade. They’ve been looking at, ‘How do I do revenue replacement?’ But at the same time, boom, you’ve got (Rural Digital Opportunity Fund) funding that’s come out and COVID hitting everyone, and people have run to the woods. They’re sheltering in place, working from home and the race to be able to successfully allow them to do that is on, and it is on big time.

“With SSP, who has a fantastic reputation and position all across the utility space, we are finally going to be well-prepared to answer that call.”

SSP had long been hoping to work with a company like 3-GIS, though CEO Skye Perry joked that Counts at first ignored his calls.

“As we’ve grown we were primarily a service provider,” Perry said. “What we saw when we looked at 3-GIS is they come from the opposite direction as far as product-first. They’re a completely product-oriented business. They certainly do services, too, with their products, but they’ve really focused on not getting into the customization business, which is a tremendous move for a product provider.

“As we bring these (organizations) together with their complementary backgrounds and offering, as I go through and sort of articulate the synergistic opportunities between us, that probably gets me just as excited as anything. We do different things, but when we bring it together, we’re going to do all of it a whole lot better.”

Follow us on social media for the latest updates in B2B!

Twitter – @MarketScale
Facebook – facebook.com/marketscale
LinkedIn – linkedin.com/company/marketscale

Follow us on social media for the latest updates in B2B!

Image

Latest

student athletes training
The Anticipation of Record Heat Must be the Concern of Educational Institutions and the Safety of their Student Athletes
April 17, 2024

Temperatures around the globe are continuing to set new records, and as a result, universities now face increasing challenges in ensuring the safety and performance of their student athletes.  Rising mercury poses risks of heat-related illnesses and affects the athletic performance and recovery of student athletes. Educational programs on recognizing the symptoms of heat […]

Read More
HVAC building efficiency goals
Improving HVAC Systems Plays a Key Role for Meeting Building Efficiency Goals
April 17, 2024

In today’s rapidly advancing world, the role of HVAC systems for building efficiency goals has become a pivotal topic for businesses and property owners alike. With energy costs soaring, the shift towards more energy-efficient systems isn’t just a luxury—it’s a financial imperative. Building efficiency upgrades could slash global energy demand by 12% and save […]

Read More
Generative AI Remains at an IP and Privacy Crossroads
April 17, 2024

As artificial intelligence becomes increasingly integrated into our daily lives and business operations, the conversation around its ethical and legal implications grows louder. It’s clear that generative AI will continue to face legal battles; applications from oncology, to mental health services, to the classroom, are raising questions about AI’s ethics and the consequences of […]

Read More
strategic Capital allocation
Strategic Capital Allocation Can Help Businesses Leverage Employee Knowledge and Collaboration for Better Returns
April 17, 2024

Strategic capital allocation, a critical aspect of business management often emphasized by investment experts like Warren Buffett, involves more than just distributing financial resources; it’s about strategic investment that drives long-term value. Firms are increasingly recognizing the need to integrate capital allocation with broader corporate strategies, ensuring that investments are not only financially sound […]

Read More