Fibertower Corp. (FTWRD)

DALLAS, Oct. 21, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring communications company FiberTower Corp. (Nasdaq:FTWR). The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.

The investment report on FiberTower Corp. (Nasdaq:FTWR) should be of particular interest to other communications companies: MetroPCS Communications Inc. (NYSE:PCS), iPCS Inc. (Nasdaq:IPCS), AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ).

The full report is available at: http://www.stockpreacher.com/n/FTWR

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FiberTower Corp. (FTWR) is one of the largest alternative backhaul providers in the United States, serving six of the top eight wireless carriers, utilizing its strategic partnerships with tower operators to deploy carrier-class networks in major markets and holding near-nationwide spectrum assets in 24 and 39 GHz bands. As of June 30, 2009, the Company has deployed 3,118 sites, of which 2,795 had billing customers.

Message Board Search for FTWR: http://www.boardcentral.com/boards/FTWR

In the report, the analyst notes:

"FTWR has customer agreements with nine wireless carriers in the United States and holds separate service agreements with MCI Communications, Verizon Business and Qwest Communications, as their fixed wireless partner on the General Services Administration Networx contract to provide fixed wireless government-grade primary transport and physically diverse network transport services. The service agreement with Verizon Business also allows it to provide government-grade services for other Verizon Business-managed contracts. Currently, the Company provides services to 6,332 billing customer locations in 13 major markets, including Atlanta, Boston, Chicago, Cleveland, Dallas/Fort Worth, Denver, Detroit, Houston, NJ/NY, Pittsburgh, San Antonio/Austin/Waco, Tampa and Washington DC.

"Since the beginning of the year, the Company has executed six contracts with wholesale customers. These contracts cover a wide range of services including DS3s, OC3s and Ethernet. FTWR also made progress in its government business during the second quarter. The Company has agreements in place with two major carriers that are pursuing business under the General Services Administration Networx contract. These agreements identify FTWR as the fixed wireless partner for delivering bandwidth to the 185 federal agencies covered by the networks procurement vehicle."

To read the entire report visit: http://www.stockpreacher.com/n/FTWR

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