Towerstream Corporation (OTCQB: TWER) is a Fixed Wireless Fiber Alternative company delivering high-speed Internet access to businesses. The company offers broadband services in 12 urban markets including New York City, Boston, Los Angeles, Chicago, Philadelphia, the San Francisco Bay area, Miami, Seattle, Dallas-Fort Worth, Houston, Las Vegas-Reno, and the greater Providence area, where the company is headquartered. In 2014, Towerstream launched its On-Net fixed-wireless service offering On-Net building tenants access to dedicated, symmetrical high-speed Internet connectivity, with a premier SLA, at market-setting prices. Founded in 1999 by Philip Urso (MCF Communications, eFortress) and Jeffrey Thompson (eFortress), Towerstream held its first public offering in January 2007 and traded on the NASDAQ Capital Markets under symbol TWER. In November 2016 the stock had declined in price, was delisted from NASDAQ, and moved to the over-the-counter market. Business Broadband Service Towerstream offers service plans from 1.5 Megabit/sec to 1 Gigabit/sec. Bandwidth is available in various increments, is symmetric (bi-directional/duplex) and has a standard installation time of 3–5 days. The service supports voice-over-internet-protocol VoIP, bandwidth-on-demand, virtual private networks VPN, wireless redundancy, and bundled data and video services. Wi-Fi network In the middle of 2010, Towerstream started deploying a test Wi-Fi network in Manhattan using 802.11g/n technology with plans to sell wholesale access to carriers for Mobile data offloading in areas of mobile congestion. Towerstream reported that it supported 250,000 connections per day, and moved an average of one terabyte of data per day across the network. In January 2011, Towerstream announced it planned to expand its pilot Wi-Fi network in Manhattan and add San Francisco and Chicago. As of August 2011, Towerstream's Wi-Fi network in Manhattan consisted of over 1000 access points offering 200 Mbit/s each. In August 2011, Towerstream announced its Manhattan Distribution Network which uses its Wi-Fi network as a distribution platform for daily deal sites and mobile app providers. As of September 2013, Towerstream had almost 2,000 outdoor Access Points deployed across Manhattan, and substantial deployments in Miami, Chicago, and San Francisco. Towerstream is a current member of the Wireless Broadband Alliance and was one of the first to gain Interoperability Compliance Program (ICP) certification from the WBA. In November, 2013 the company announced they will be using their existing network to support the WBA in an upcoming Wi-Fi live roaming experience to demonstrate the Wireless Broadband Alliance's Next Generation Hotspot initiative at the Wi-Fi Global Congress in Beijing, China. Towerstream