Cable programming, Voice over Internet Protocol telephone (VoIP), high-speed Internet access, and Wi-Fi services are becoming commonplace in almost all places of residence and business. Services such as these help provide consumer satisfaction as well as making communication and information easier to reach.MSTI Holdings Inc. (OTCBB: MSHI), a carrier class communications technology company that specializes in providing true “quadruple-play” services to residential, hospitality and commercial properties, helps bring all these technologies come together.
“Our vision is to provide world-class service, using state-of-the-art telecommunication technology, beginning in the New York Metropolitan area, and expanding to other strategic markets nationally,” remarked MST CEO Frank Matarazzo in a recent statement.
In a press release today, Microwave Satellite Technology Inc, a wholly-owned subsidiary of MSTI Holdings, received a Certificate of Public Convenience and Necessity (“CPCN”) to operate as a facilities-based provider and reseller of telecommunications service. This certificate grants the company carrier status and the authority to provide all forms of regulated telecommunications and local telephone exchange service to its growing customer base in New York.
Frank Matarazzo stated, “This new CPCN authorization represents a significant milestone for our business and our growth strategy.”
The company also announced today that it has added Trump Hotel in White Plains, N.Y. to the growing list of quadruple-play customers. The company currently provides the Trump Organization a diverse range of communications services to residents in over 2440 residential units, which include Trump Tower, Trump World Tower, and Trump International Hotel.
MSHI is currently trading at a price of $1.45 and seems to be stuck in a trading range over the past couple of days. Over the past 5 days MSHI has been averaging volume of around 48 thousand dollars while stuck in this trading range.
