TOWERSTREAM CORPORATION (OTCMKTS:TWER) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Effective May 22, 2017, the Board of Directors of Towerstream
Corporation (the Company) appointed Donald MacNeil, age 52, to
serve as a member of the Company’s Board of Directors. Mr.
MacNeil currently serves as the Chief Technology Officer of
EdgeConneX, a leading-edge data center service provider, a
position he has held since August 2015. From June 2000 to March
2015 he was employed by XO Communications where from 2011 through
2014 he held the position of Chief Marketing Officer and from
2014 to 2015 he held the position of Executive Vice President and
Chief Operating Officer. Prior to that, he served as an officer
in the United States Navy. Don holds a Masters Degree in Physics
from the United States Naval Academy and a Masters in Business
Administration from the College of William and Mary. Since August
2015, he has served as a member of the Board of Directors of
Hammer Fiber, a residential “triple-play” internet service
provider serving markets in New Jersey.
Item 8.01 Other Events.
On May 22, 2017, the Company issued a press release announcing
Mr. MacNeil’s appointment. A copy of the press release is
attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
|
Exhibit No. |
Exhibit Description |
|
99.1 |
Press release issued May 22, 2017 |
About TOWERSTREAM CORPORATION (OTCMKTS:TWER)
Towerstream Corporation is a provider of fixed wireless services to businesses in over 10 urban markets across the United States. The Company operates through Fixed Wireless Services (Fixed Wireless) segment. Its fixed wireless service supports bandwidth on demand, wireless redundancy, virtual private networks, disaster recovery, bundled data and video services. Towerstream installs equipment on the rooftops of the buildings in which the Fixed Wireless segment customers operate and refer to these as Customer Locations. This equipment includes receivers and antennas, and a wireless connection is established between the Customer Location to one or more of its points of presence (PoPs). It provides fixed wireless broadband services to commercial customers and delivers access over a Wireless network transmitting over both regulated and unregulated radio spectrum. It provides services to business customers in various locations, including New York City, Boston, Chicago and Houston. TOWERSTREAM CORPORATION (OTCMKTS:TWER) Recent Trading Information
TOWERSTREAM CORPORATION (OTCMKTS:TWER) closed its last trading session down -0.016 at 0.150 with 4,313,248 shares trading hands.