Profile: Multiband Corporation (MBND.O)

MBND.O on Consolidated Issue listed on NASDAQ Capital Market

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9 Feb 2010
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Multiband Corporation, incorporated in September 1975, provides voice, data and video services to multi-dwelling unit and single family home customers. The Company’s products and services are sold to customers located throughout the United States of America. The Company has three operating segments: Multiband Consumer Services (MCS, legally known as Multiband Subscriber Services, Inc.), Multi-Dwelling Unit (MDU, legally known as Minnesota Digital Universe, Inc.), and Home Service Provider (HSP, legally known as Michigan Microtech, Inc (MMT)). Effective March 1, 2008, the Company purchased 51% of MMT. MMT installs DirecTV video services in single family homes. In January 2009, the Company purchased 80% of the operating subsidiaries of DirecTECH Holding Co. (DTHC).

Minnesota Digital Universe, Inc.

The Company, through its MDU segment, serves as a master service operator for DirecTV, a provider of satellite television service. DirecTV is a provider of satellite television services in the United States with approximately 17 million subscribers. The Company, through its direct operations, markets DirecTV services. The MDU segment allows the Company to offer satellite television services to residents of multi-dwelling-units through a network of affiliated operators.

Multiband Consumer Services

Multiband offers voice, data and video services to residents of the multi dwelling unit (MDU) market. The MCS offering provides the consumer with blended satellite and cable television package, multiple feature local phone services (features, such as call waiting, call forwarding and three-way calling), better than industry average response times, one number for billing and service needs, one bill for local, long distance cable television and Internet and instant on service availability.

Home Service Provider

The Company, through its HSP segment, receives net cash payments for the installation and service of DirecTV video programming for residents of single family homes. These video subscribers are billed by DirecTV. The HSP segment is a fulfillment arm of DirecTV.

The Company competes with Echostar, Verizon Communications, Qwest Communications International, Inc., Comcast Corporation and Time Warner.

Company Address

Multiband Corporation

9449 Science Center Drive
New Hope   MN   55428
P: +1763.5043000
F: +1763.5043060

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