Startup Connected Nation Exchange (CNX) Launches Asset Exchange for Broadband Expansion
DALLAS, Texas, April 17, 2013 (GLOBE NEWSWIRE) -- via PRWEB - Connected Nation Exchange (CNX) announced today the company's launch and creation of the nation's first digital asset exchange. CNX is bringing asset owners together with interested buyers - those companies that need more sites to expand the reach and density of their networks. The new service is powered by the company's analytics software called InstalyticsTM, the single most comprehensive source of U.S. broadband market data, unveiled at this week's Broadband Communities Summit in Dallas.
Similar to the Multiple Listing Service (MLS) in the real estate market, the CNX exchange allows public and private owners of assets (rooftops, steeples, real estate, towers, utility poles, dark fiber, Rights of Way) to represent those assets and their relevant attributes on an interactive and searchable national map. Owners can choose to have their assets represented as part of a portfolio of physical structures available for telecom companies seeking to expand networks. Asset owners can also manage their listings separately through a private account.
CNX is a spin-off venture of Connected Nation, the national non-profit leader in broadband mapping, market research and local engagement. Connected Nation serves as the single largest data supplier for the National Broadband Map overseen by the FCC under the State Broadband Initiative administered by the National Telecommunications and Information Administration (NTIA).
CNX is led by Brian R. Mefford, Connected Nation founder and former CEO. "Demand for always-on high-speed network access is growing at an unprecedented pace in the public and private sectors alike," says Mefford, CNX CEO. "Broadband technology is evolving to keep up with demand and that evolution is creating the need for exponentially more broadband access points and radio and cabling sites to support growth. The market needs new ways to bring together those who own a wide array of assets that can support the expansion of broadband services."
The CNX asset map allows asset owners to both manage and market their available properties/structures through GIS-based listings. Owners can choose to make their assets available to telecom carriers through CNX. As a result, owners of assets can develop new revenue streams and carriers can more efficiently increase their network's reach.
Likewise, technology companies can designate specific locations where they need assets, from a single tower to many diverse sites. CNX provides a streamlined approach to establishing asset terms and conditions that removes the barriers generally associated with asset transactions.
Richard A. (Dick) Anderson serves as a CNX Director and is former Vice Chairman of BellSouth as well as a former board member of Cingular and Metro PCS.
According to Anderson, "The CNX broadband asset exchange creates true value. With newly aggregated asset portfolios, communities are able to generate revenue while providing lower cost assets to communications companies who have the certainty and confidence of higher return on their investment in the local market."
Through its InstalyticsTM software, CNX offers data-driven market analytics to those seeking to inform and prioritize technology investments. CNX combines insightful broadband market data with relevant asset data that can support decision-making about location-specific technology investment decisions. Users can access market profile data, information about competition, as well as customer demographics and other factors that will impact adoption and Return on Investment.
Unprecedented demand for broadband is forcing changes in how broadband services are provided. Mobile broadband expansion is increasingly enabled through "small cell" network architecture. "Small cell" is a blanket term encompassing micro cells, pico cells, metro cells and Distributed Antenna Systems (DAS) and refers to the small base stations that can boost broadband coverage and data speeds of mobile broadband networks.
Public sector initiatives are also fueling network expansion. Recent months have brought the first wave of transition from the nation's Universal Service Fund to the Connect America Fund as well as the federal government's launch of the FirstNet Board to orchestrate the construction of a national interoperable public safety broadband network. These combined forces across the public and private sectors are accelerating the need for communities to package their assets in a way that streamlines access and supports the expansion of local broadband services.
CNX, a spin-off venture of Connected Nation, Inc. aggregates and maps assets necessary for the expansion and improvement of broadband services. The company's interactive map is the nation's most comprehensive source of broadband market data and supports an asset exchange dedicated to network building transactions. Similar to the Multiple Listing Service (MLS) in the real estate market, the CNX exchange allows public and private owners of assets (rooftops, steeples, real estate, towers, utility poles, dark fiber, Rights of Way) to represent those assets and their relevant attributes on an interactive and searchable national map. Owners can choose to have their assets represented as part of a portfolio of physical structures available for telecom companies seeking to expand networks. Asset owners can also manage their own listings separately through a private account. Follow us on Facebook and Twitter. http://www.cnx.io
This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/2013/4/prweb10642865.htm
CONTACT: Connected Nation Exchange Kim Phelps email@example.com 866-881-9425
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