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Jul 11, 2016 12:31 EST

Neighborhood Networks – one simple idea: to provide a higher quality internet service for less without all the gimmicks that other ISP’s put their customers through

iCrowdNewswire - Jul 11, 2016

Neighborhood Networks Logo

 

 

Neighborhood Networks

 

 

Orem, UT 84097, US
Communications Services – General
www.neighborhoodnetworks.co

 

 

 

Its founders, Johnathan Penberthy, Elizabeth and Brandon Lecker founded the company with one simple idea: to provide a higher quality internet service for less without all the gimmicks that other ISP’s put their customers through. We believe by providing superior service for less we will create brand loyalty and eliminate the need for contracts.

As of today, Neighborhood Networks currently owns the infrastructure backbone necessary to build out a Fiber network and pursue this additional stream of revenue. All we need to do now is get the word out to as many potential new customers as possible and start building the network.

We are seeking a $5,000,000 or more investment for marketing and sales. With $5,000,000 we would be able to push a large mailing program, multiple billboards, and a local newspaper ad. This would go out to the City of Springville to start our goal of deploying our own Fiber network. Our goal is to generate interest of at least 25% of the households in Springville, as well as getting signed contracts from local businesses. We are collecting pre-installation fees to start building the network from these generated leads and then will need the investment to continue building the network.

 

 

Products / Services

Fiber Internet

True Broadband fiber includes speeds of 100 Mbps for $40 a month with no contracts and no speed throttling.

 

Management

Chief Executive Officer
Johnathan Penberthy

Johnathan Penberthy

 

 

Summary

Prior Year Revenue Current Year Revenue Next Year Revenue

 

Company Age Employees Sub-Industry
1 year, 10 months 4 Internet Service Providers

 

Company Type Stock Exchange Stock Symbol
Privately-Held

 

 

 

 

 

Contact Information:

Johnathan Penberthy

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