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Rift Valley Resources Corp C.RVR

Rift Valley Resources Corp. is a Canada-based company. The Company’s principal business activity was the evaluation of a wireless service business and other business opportunities. The Company's wholly owned subsidiary, Ruralink Wireless Inc., is engaged in supplying wireless broadband services. The Company has not generated any revenue or positive cash flows from operations.


CSE:RVR - Post by User

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Post by rodneydangerfiledon Dec 12, 2019 9:28am
56 Views
Post# 30447126

HERE IT IS BOYS AND GIRLS...THE BIG NEWS...LOAD UP!

HERE IT IS BOYS AND GIRLS...THE BIG NEWS...LOAD UP!

Rift Valley unit starts building Crockett network

2019-12-12 07:19 ET - News Release

Mr. Griffin Jones reports

RIFT VALLEY RESOURCES CORP. ANNOUNCES COMMENCEMENT OF CONSTRUCTION OF FIRST WIRELESS BROADBAND NETWORK IN CROCKETT, TEXAS

Rift Valley Resources Corp., through its subsidiary, Ruralink Wireless, has begun construction of its wireless broadband network located in Crockett, Tex., the first of a proposed 130 regional rural networks throughout the United States, representing a market of over 44 million people.

It is estimated that there are over 160 million people, primarily in rural areas in the U.S., who have limited or no access to true broadband Internet connectivity. Ruralink is on a mission to solve this problem by bringing cost-effective broadband performance to markets that have been left behind in the digital divide by leveraging new technologies to deliver competitive services.

Ruralink has teamed with ARK Multicasting Inc., which controls 280 TV licences in the U.S. to create its new hybrid broadcast broadband network. Of these, 130 television licences are in rural markets, providing substantial coverage to the targeted rural residential, enterprise and government facilities. Ruralink and ARK have entered into a letter of agreement that provides for the companies to collaborate with technical and market trials for a wireless ISP broadband ISP access network using a combination of radio frequencies including TV white space (TVWS) technology in the 500 megahertz bands, and 3.5 gigahertz CBRS spectrum, and 5.7 GHz UNII band spectrum. 

The parties will conduct a two-phase pilot program in Crockett, Tex., to leverage the use of licensed TV broadcast spectrum with unlicensed TVWS radio spectrum to create a highly efficient and cost-effective solution providing wireless broadband Internet access in rural areas. 

Crockett, Tex., will be one of the first markets served by Ruralink. Upon completion of successful trials, Ruralink will move to expand its footprint and regions served with its unique approach of the mixing of mature and disruptive technologies to serve these communities, such as those brought by ARK Multicasting to finally deliver on the long-overdue promise of true broadband Internet connectivity to rural markets. 

About Ruralink Wireless Inc.

Ruralink is an innovative solutions-driven company founded by executives with extensive experience in wireless, fibre, satellite, and related communications technologies and services. The company's core focus includes:

 

  • Deployment and operations of low-cost, highly reliable, wireless broadband ISP access networks in underserved areas;
  • Access to broadband Internet content, applications and services, designed to improve the lives of people living in market areas that do not have cost-effective broadband ISP services;
  • Design and deployment of enhanced TV white space access infrastructure and user devices supporting innovative products and service applications enabled by wireless broadband Internet access.

 

About Rift Valley Resources Corp.

Rift Valley Resources is a publicly traded company listed on the Canadian Securities Exchange. The company recently announced the appointment of Vern Fotheringham as its non-executive chairman. 

© 2019 Canjex Publishing Ltd. All rights reserved.

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