Horizon Communications - Wireless Internet For The Caribbean Region
Horizon Communications is a new wireless internet company that will start operations in Bermuda first, and expand to more Caribbean regions. They will offer services using LTE wireless technology to provide internet speeds up to 150 mbps, VOIP phone offerings, and high definition TV services. The goal is to provide access to great services for customers currently using overpriced and poor quality services.
Horizon estimates that their service coverage will include ninety-five percent of homes in Bermuda with minimal tower usage. Offshore coverage may be up to fifteen miles offshore. The marketing plan in four or five years is to get at least fifteen percent of the market in Bermuda. The goal is to generate a total income of around forty-four million in five years at a cost of about twenty-six million.
Horizon will have exclusive rights to use its technology in the region. By using more efficient technology, they will be able to provide lower prices and become more competitive in the market. Horizon uses what is called fixed wireless technology. Fixed means access is provided using radio waves to a single location. This means that there is no need for expensive telephone and cable cables to install. Houses that use this service will have an antenna mounted on the outside of the house. The Horizon 4G LTE equipment will be capable of delivering speeds of up to 300 Mbps. They want to build the most reliable network possible.
Horizon will also utilize blockchain technology in several different ways. They will have their own Ethereum-based token called the Horizon token, the HRZN symbol. The person holding the token is entitled to a service discount. They also plan to divide the dividend with the token holders and hold a buyback program with a portion of their profits. The targeted amount for dividend payout is fifteen percent, and about five percent is targeted for the repurchase program.
Customers will be able to make payments for services using the HRZN token. Employees can also be paid using tokens. The token is planned to be available for trading on different exchanges as well. Blockchain will also be used by Horizon to offer data storage with integrated blockchain technology. The customer portal will have access to the encrypted decentralized storage. Horizon companies also plan to offer VPNs, or virtual private network services, using a blockchain solution as well.
There are great opportunities to increase wireless network offerings in the Caribbean region and especially Bermuda. Current offers in this region can be very slow and unreliable. Most of the competition can only offer speeds of ten Mbps. Fast and reliable Internet becomes very important for many people and businesses. Tourism and yachts provide additional opportunities for wireless internet providers. By 2016, more than six hundred thousand tourists visit Bermuda. Horizon plans to offer services for tourists and cruise ship ports. The Horizon team is led by founder Gilbert Darrell, who has extensive experience in the telecommunications industry. To find out more about Horizon Communications and their offerings, visit the sites listed here and read their detailed whitepapers.
website:http://horizoncomm.co/
Whitepaper: http://horizoncomm.co/
PENULIS:Gajahduduk
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