Access Media 3 Completes Merger inSouth Florida Market
Company Will Provide TV, Internet and Voice Service to MDU Buildings
Oak Brook, IL – June 23, 2011 – (RealEstateRama) — In adramatic expansion outside its established markets in the Midwest, triple-playmedia provider Access Media 3 has merged with Peoples Choice Cable in BocaRaton, Florida. The deal,completed June 14, 2011, nearly doubles AM3’s addressable market, stretchingthe company’s footprint far beyond its existing customer bases in Chicago andMinneapolis/St. Paul. Merging withPeoples Choice brings AM3 approximately 7,000 new subscribers in 180 buildingslocated between Miami and West Palm Beach, Florida.
AM3’s experience in the multi-dwelling unit (MDU) market has alreadymade it a leading provider of high-speed Internet, TV and voice service toapartment and condominium buildings. AM3 is the largest non-franchised triple-play provider in the Midwest,with almost 40,000 subscribers in more than 450 buildings. Access Media 3 has received DIRECTV’sHighest Year-Over-Year Growth Award; this award ranksAccess Media 3 first among all DIRECTV’s MDU partners nationwide for secondquarter annual growth from 2009 through 2010.
“This merger is an outstanding opportunity for Access Media 3 to bringits extensive product knowledge to a new regional market,” said Robert Neumann,AM3’s Senior Vice President and General Counsel. “Using the excellent operational team currently in place inSouth Florida, AM3 will provide the industry’s most innovative media andtelecom services to existing Peoples Choice clients and build the sales staffto expand our reach in this new market. We look forward to developing strong relationships throughout SouthFlorida to deliver the best possible media services with a focus on value,flexibility, and responsiveness.” The target market includes the communities of Miami, Fort Lauderdale,Key Biscayne, Boca Raton, West Palm Beach, Palm Beach, Jupiter, and neighboringtowns.
In addition to Internet and TV service already supplied by PeoplesChoice, AM3 will offer customers high-quality voice service. AM3 is a certified competitive localexchange carrier (CLEC) licensed by the Federal Communications Commission (FCC) and the Florida Public ServiceCommission which allows AM3 to provide competitive telephone servicesthroughout the state of Florida and long-distance service globally. AM3 is also certified to provide voiceservices in Illinois and Minnesota. Subscribers will have the option to switch to AM3 phone service with nochange to their existing equipment, and bundled services will yield significantcost savings to most customers. “Wecompete head-to-head with larger phone companies, and have the institutionalflexibility to create the best possible package for each client,” commented Mr.Neumann. AM3 offers the benefitsof customer information protection and the assurance to customers that AM3 isheld to higher standards than other TV and Internet companies that are notcertified by the FCC or the Florida Public Service Commission.
About Access Media 3
Access Media 3, headquartered in Oak Brook, Illinois, is one of theleading providers of comprehensive Internet, TV and Voice services includingdesign, installation, maintenance and management of these services formulti-dwelling units. Led by ateam of industry veterans, Access Media 3 prides itself on offering flexibletailor-made solutions through strong project management and property-specificsolutions based upon wiring and technology needs. Its satellite television is provided through its accountpartnership with DIRECTV, which in 2010 awarded Access Media 3 its HighestYear-Over-Year Growth award. For moreinformation visit www.am3inc.com.
Contact:
NancyGerstein
nancy (at) creativemarketing (dot) co
847 401 0384
