SOURCE: WENR Corporation

July 19, 2012 07:15 ET

Satview Broadband in Discussions to Acquire Cable Systems

RENO, NV--(Marketwire - Jul 19, 2012) - Satview Broadband, Ltd., a subsidiary of WENR Corporation (PINKSHEETS: WNRC), announced today, it is in discussions with various cable operators to acquire up to five additional cable systems. The Company is reviewing documentation, financials and market potential. These systems are located in western states with close proximity to Satview's current operations. If these systems are acquired, the Company's subscriber base would more than double.

Additionally Satview has acquired 50% of the remaining Jackpot, Nevada system it did not own. Terms were not disclosed.

About Satview Broadband, Ltd.

Satview Broadband, Ltd., headquartered in Reno, Nevada, is a wholly-owned subsidiary of WENR Corp., and has been in operation for ten years. Satview holds franchise systems in six markets with plans to expand.

About WENR:

WENR Corporation is a media holding company, which has two wholly owned subsidiaries, Satview Broadband, Ltd. and Ngensolutions LLC.

The foregoing contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Such forward-looking statements involve certain risks and uncertainties. The actual results may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

Contact Information

  • Contact:
    WENR Corporation
    Dan Green