SOURCE: Yonder Media

www.yonderwireless.com

October 13, 2009 06:00 ET

Yonder Media Finalizes Latest Acquisition and Continues Its Rural Broadband Growth Strategy

Acquisition Expands Yonder Media's Premium Broadband Internet Services to 22 Rural Communities

RENO, NV--(Marketwire - October 13, 2009) - Yonder Media, a wireless broadband Internet provider focused on improving the quality of life by connecting rural communities, today announced that it has finalized its acquisition of SpeediWifi, a broadband provider based in Silver Springs, NV, which will be rebranded as Yonder Wireless.

With this latest acquisition, Yonder Media today serves 22 rural communities, continuing its aim to expand to 26 states through its Yonder Wireless group of operating companies.

Yonder Media, with its vision of delivering a premium Internet experience to underserved rural communities, features a customized Web portal under the YonderSpot banner that is expressly designed to meet the needs of the local community. The YonderSpot Community Web Portal provides content that is local, centralized, and rich with information. Yonder Media also offers high speed Internet connectivity tailored for local businesses and the means for valuable experiences such as distance education.

Yonder Media Service Benefits:

-- YonderSpot Community Portal -- News and Information that Fits your Town

-- Local Business Connectivity -- Broadband Allows Rural Businesses to Thrive

-- Distance Education -- The World's Most Powerful Tools Available at Home

"This latest acquisition of SpeediWiFi adds another rural market as we meet our goal to expand nationally," said Dirk Christiansen, President and COO of Yonder Media. "We will begin the transition and re-branding existing residential and business customers, allowing them to tap into premium and essential high-speed Internet services."

The finalized acquisition of SpeediWiFi adds to Yonder Media's previously announced acquisition of SureWest Communications' fixed broadband wireless assets, near Roseville, CA.

Yonder Media's rural broadband market potential stems from the 50 million Americans, 20 percent of the population, dispersed in communities who are underserved by existing service providers. Yonder Media will continue to expand its reach to deliver more reliable Internet services at competitive prices exclusively to rural communities.

Yonder Media

Yonder Media is the growing enhanced services provider exclusively committed to enriching the lives of rural Americans through cost-effective, wide reaching and dynamic wireless broadband services. Based in Reno, Nevada, Yonder Media, through its operating company, Yonder Wireless, today serves select communities within the western United States. For detailed information, visit: www.yondermedia.com

Contact Information

  • Media contacts:
    Yonder Media
    Dirk Christiansen
    Email Contact
    Tel: (925) 862-0225

    Allen and Caron
    Joe Allen
    Email Contact
    Tel: (212) 691-8087