NetworkNewsWire Editorial Coverage: Telecommunications companies are under threat (http://nnw.fm/BrM3f) from over-the-top (OTT) services that enable consumers to communicate over the internet via streaming content and apps such as Skype, WhatsApp and Viber. These services currently handle over 80 percent of messaging traffic, and more than a third of all global voice traffic is channeled through Skype. This astounding level of competition demands that telecommunications companies focus on modernizing their operations and creating strategies to develop new products or services if they hope to achieve sustainable growth. One of the companies at the forefront of innovative strategy implementation is Hammer Fiber Optics Holdings Corporation (HMMR) (HMMR Profile), a telecommunications company investing in the future of wireless technology and fiber optics. Other significant players in this industry include Verizon Communications Inc. (VZ), Amazon.com, Inc. (AMZN), Alphabet Inc. (GOOG) and Comcast Corporation (CMCSA).
Hammer Fiber Optics (HMMR) is an internet service provider (ISP) offering internet, voice, video and data services in New Jersey, as well as carrier services in Philadelphia and New York. It serves both residential and commercial markets with high-capacity broadband, voice and video through direct fiber as well as its wireless…
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