EAG: No One-Trick Pony, Big Installs for IT Services Division
Although we feel that it’s OK for investors to drool over Eagle Broadband’s (AMEX: EAG) potential to become a leader in the IPTV market, expected to be worth as much as $40 billion by 2010, one must realize that the company is anything but an one-trick pony.Announcing today that its IT services division has successfully implemented VoIP support systems at five regional Hurricane-recovery program offices in three Gulf Coast cities, it appears that EAG has developed three extremely promising business segments (IPTV, SatMAX, IT Services).
Commenting on today’s news Dave Micek, CEO of Eagle Broadband stated: "We are exceptionally proud to have designed and implemented a special telecommunications system that meets their needs today and will serve these broader communities tomorrow should disaster strike," "And we look forward to additional opportunities to implement projects like this for them across the country in other communities. These implementations are further examples of Eagle's expanding delivery of disaster-recovery communications solutions throughout the Gulf Coast region."
Labels: EAG, Eagle Broadband
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