Snoqualmie, WA (March 13, 2017) – Edge Spectrum Inc (ESI) announced today the acquisition of sixty operating Low Power Television (LPTV) Stations and ten LPTV construction permits from Three Angels Broadcasting Network (3ABN) in a move that will continue and enhance the 3ABN mission. The full terms of the transaction were not disclosed.
According to Vern Fotheringham, ESI Chairman and CEO, this transaction has mutual benefits for everyone involved.
“ESI is a company with a heart for faith-based broadcasters and this is an effort to help 3ABN continue to meet its mission. We are continuing our strategic alignments to help faith-based broadcasters leverage future broadcasting standards and technologies.”
ESI is addressing the growing demand for wireless mobile broadband Internet services and for low-cost and high-quality Over-The-Top (OTT) content delivery alternatives to broadband cable and satellite unicast Internet service providers (ISPs). ESI is also providing an autonomous network for broadcasters and broadband Internet content distributors seeking to rapidly reach the growing market for cross platform delivery of video and Internet content. Mobile and fixed OTT content delivery into high-capacity edge caches, and real time, video on demand and live event streaming economics are dramatically enhanced by ESI services. Visit the ESI website at http://www.edgespectrum.com .
