As the year comes to an end, things here at WildBlue have been both hectic and exciting, and we thought it was a good time to share some of our latest highlights with you.
Since WildBlue launched service this summer, things have been progressing very smoothly. We are proceeding with our regional rollouts across the country, and WildBlue is now available in every mainland state through our dealer network and the rural electric and telephone companies of the National Rural Telecommunications Cooperative (NRTC). We currently have over 600 retailers and expect to grow this number to 1,200 by the end of the first quarter of 2006.
Customer satisfaction has also been extremely high, with over 94% of current customers reporting that they are "happy" or "very happy" with their WildBlue service. As you may know, that is an extremely high rating for a service business, especially a telecommunications business that has just launched. In addition, 9 out of 10 of our customers said they would recommend WildBlue to a friend or family member. That high customer satisfaction rate has helped us expand our customer base more quickly than we had anticipated – we will have over 25,000 customers by the end of 2005 even though we are just recently enjoying more complete geographic retailer coverage. Due to the popularity of the WildBlue service, we have seen capacity constraints in certain areas, however we are in the process of updating our network to match the increased demand in these hot spots, and we should be able to resume full installations nationwide in 2006.
Here is one of my favorite quotes from a satisfied local WildBlue customer:
"I love my high speed Internet!!! I live 7 miles out of Parker on 40 acres. I was limited to dial up access. Your service is something that I’ve been waiting for!! The whole installation was very professional, from the phone call to set up the install date, right down to the workmanship." Debbie, Parker CO
Our dealers have been both eager and pleased to add the WildBlue service to their offerings:
"For Harrisonville Telephone Company, WildBlue provides a great addition to our broadband service offerings," stated Craig Hern, Vice President of Internet Operations for the NRTC member located in Waterloo, Illinois. "Now virtually 100% of our area, no matter where customers are located, can enjoy the benefits of high-speed Internet surfing. Our customers’ satisfaction has been very positive and they are excited to finally have a viable alternative for high-speed Internet access."
"Taking on the WildBlue product line has been rewarding and productive. I have seen a great increase in sales and margins by offering high speed Internet service via satellite from WildBlue," said C.Geno, President of Skylynks in Lebanon, NH. "The customers love it!"
Our current satellite ANIKF2 is performing very well. Our second satellite WildBlue 1 is fully built, and plans are underway to launch it in the fourth quarter of 2006. WildBlue 1 has been built to handle an extremely large number of customers, and it will help to ensure that we are able to handle 100% of customer demand into the distant future.
WildBlue also is renting additional space in our corporate headquarters here in Greenwood Village, Colorado to help maintain the infrastructure necessary to meet the growing demand for our service.
2006 will be a very exciting year for WildBlue and our high-speed Internet via satellite business. We look forward to sharing our continued progress with you in the months to come. Thank you for your interest, and on behalf of everyone at WildBlue, I wish you a joyous holiday season, and a happy New Year.
Thank you,
Dave Leonard
CEO
WildBlue
http://www.wildblue.com/company/doPressReleaseDetailsAction.do?pressReleaseID=11
Since WildBlue launched service this summer, things have been progressing very smoothly. We are proceeding with our regional rollouts across the country, and WildBlue is now available in every mainland state through our dealer network and the rural electric and telephone companies of the National Rural Telecommunications Cooperative (NRTC). We currently have over 600 retailers and expect to grow this number to 1,200 by the end of the first quarter of 2006.
Customer satisfaction has also been extremely high, with over 94% of current customers reporting that they are "happy" or "very happy" with their WildBlue service. As you may know, that is an extremely high rating for a service business, especially a telecommunications business that has just launched. In addition, 9 out of 10 of our customers said they would recommend WildBlue to a friend or family member. That high customer satisfaction rate has helped us expand our customer base more quickly than we had anticipated – we will have over 25,000 customers by the end of 2005 even though we are just recently enjoying more complete geographic retailer coverage. Due to the popularity of the WildBlue service, we have seen capacity constraints in certain areas, however we are in the process of updating our network to match the increased demand in these hot spots, and we should be able to resume full installations nationwide in 2006.
Here is one of my favorite quotes from a satisfied local WildBlue customer:
"I love my high speed Internet!!! I live 7 miles out of Parker on 40 acres. I was limited to dial up access. Your service is something that I’ve been waiting for!! The whole installation was very professional, from the phone call to set up the install date, right down to the workmanship." Debbie, Parker CO
Our dealers have been both eager and pleased to add the WildBlue service to their offerings:
"For Harrisonville Telephone Company, WildBlue provides a great addition to our broadband service offerings," stated Craig Hern, Vice President of Internet Operations for the NRTC member located in Waterloo, Illinois. "Now virtually 100% of our area, no matter where customers are located, can enjoy the benefits of high-speed Internet surfing. Our customers’ satisfaction has been very positive and they are excited to finally have a viable alternative for high-speed Internet access."
"Taking on the WildBlue product line has been rewarding and productive. I have seen a great increase in sales and margins by offering high speed Internet service via satellite from WildBlue," said C.Geno, President of Skylynks in Lebanon, NH. "The customers love it!"
Our current satellite ANIKF2 is performing very well. Our second satellite WildBlue 1 is fully built, and plans are underway to launch it in the fourth quarter of 2006. WildBlue 1 has been built to handle an extremely large number of customers, and it will help to ensure that we are able to handle 100% of customer demand into the distant future.
WildBlue also is renting additional space in our corporate headquarters here in Greenwood Village, Colorado to help maintain the infrastructure necessary to meet the growing demand for our service.
2006 will be a very exciting year for WildBlue and our high-speed Internet via satellite business. We look forward to sharing our continued progress with you in the months to come. Thank you for your interest, and on behalf of everyone at WildBlue, I wish you a joyous holiday season, and a happy New Year.
Thank you,
Dave Leonard
CEO
WildBlue
http://www.wildblue.com/company/doPressReleaseDetailsAction.do?pressReleaseID=11