Falcon Broadband & Prime Time Communications to Merge
Falcon Broadband has signed a Letter of
Intent to merge with Prime Time Communications of Englewood, Colorado. The
proposed merger, which is subject to regulatory and other approvals, will
further enhance Falcon's service offerings and support the continued expansion
of its network within the City of Colorado Springs. The merger of Prime Time, an
industry leader in fiber-to-the-home services and Falcon, a locally-owned
company distinguished by its innovative network and high level of customer
service, will create a Colorado Springs-based service provider delivering
industry leading, cutting edge technology and services to local residents.
Prime Time will assist Falcon in its ongoing rollout of its fiber-to-the-home
network and the deployment of its IP-based television, voice and Internet
services. Prime Time's experience with deploying IP triple play networks will
allow Falcon to accelerate its deployment of this platform and the unique
services it can deliver.
IP-based networks represent the next phase in the evolution of delivering video
services. Todd Swanson, director of business development for Prime Time
Communications, cites the merging of the Internet and television as an example
of how IP-based networks will impact subscribers' lives by creating a truly
interactive environment. "Having access to high definition entertainment and
incredibly fast Internet speeds is just one aspect of the technology," he noted.
"IP Television will completely change the way we watch TV, in much the same way
that Digital Video Recorders and Video on Demand services are changing viewing
habits today."
Established in 2005 to provide IP-based television, voice and Internet services
to master-planned communities, Prime Time Communications has quickly become a
leader in the field and currently has over 4,000 active subscribers in nine
communities across the nation. Commenting on the partnership with Falcon, Mark
Wentzlaff, the company's president, said, "Falcon Broadband is known for
providing high quality services and we are
delighted to have the opportunity to work with them in building a next
generation triple play network that will set the Colorado Springs community
apart."
Randy DeYoung added, "Today's homeowners expect the latest technology and the
best products and services, and we are pleased that Prime Time will assist
Falcon in delivering that to our subscribers".
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