I've often wondered how WISPs without competitors don't have Scrooge McDuck vaults full of money.
The last time I counted, my network touched over 20 other fixed wireless service providers of one kind or another. ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP ----- Original Message ----- From: "Matt Hoppes" <mattli...@rivervalleyinternet.net> To: "AnimalFarm Microwave Users Group" <af@af.afmug.com> Sent: Monday, August 24, 2020 8:05:04 PM Subject: Re: [AFMUG] Buying and selling ISP’s I’ve often thought if a competitor ever came into town - I won’t give up. That’s surrender. No, I’ll go to war. It’s invasion of my territory. May the best man win. If need be I’ll offer free plans for the first year and free installs. I had a competitor come in once, 35 million USDA grant. Guns were blazing. Made threats about they had enough money to advertise us out of business. They are now bankrupt and not even a thought. On Aug 24, 2020, at 8:54 PM, Dave <dmilho...@wletc.com> wrote: <blockquote> Fight the Dying of the light .. Dont go out without a fight.. All I gotta say is they may take away our spectrum and slap us with more reporting and more fees but Bring dat shiz We got this.. All said and done who can outlast the brute fist of the Gorilla. Ill get off my soap box now ... you cant stop the tanker in me LOL! On 8/23/2020 11:17 AM, Jeff Broadwick - Lists wrote: <blockquote> I have a couple theories about the selling market: 1. There’s never been more cash floating around our industry. It provides options. There is also a good chance that smaller WISPs are about to be over built with government money...another strong inducement to make your best deal. 2. As an industry, we are about 20 years old. If you started the business in your 40s or 50s, you might be easy to retire. If you started it younger, you might be ready to cash out and go do something else. Jeff Broadwick CTIconnect 312-205-2519 Office 574-220-7826 Cell jbroadw...@cticonnect.com <blockquote> On Aug 23, 2020, at 11:54 AM, Ken Hohhof <af...@kwisp.com> wrote: </blockquote> <blockquote> I seem to remember this thread started with a post about buying, but there seems to be a lot of interest in selling. I wonder why. Is it because customers are getting on our nerves? I know they’re getting on mine. Everyone is stuck in their house doing everything on the Internet and whining about it and waiting until the last minute and then needing stuff right now this minute because we’re streaming/gaming/Zooming/eLearning/teleworking here. Plus doing construction on our house and the contractors are here right now taking your dish off the roof or putting siding nails through your cable. Or they’re buying/selling houses because interest rates are like zero or to move away from the virus or to a different school district. From: AF <af-boun...@af.afmug.com> On Behalf Of Mike Hammett Sent: Sunday, August 23, 2020 10:05 AM To: AnimalFarm Microwave Users Group <af@af.afmug.com> Subject: Re: [AFMUG] Buying and selling ISP’s I know it *CAN* be anything. I'm asking what it is for successful, arms-length, nothing special transactions. I do expect there to be a range. ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP ----- Original Message ----- From: "Chuck McCown" < ch...@wbmfg.com > To: "AnimalFarm Microwave Users Group" < af@af.afmug.com > Sent: Saturday, August 22, 2020 10:28:58 PM Subject: Re: [AFMUG] Buying and selling ISP’s That can be anything. There is no connection between revenue and earnings. You can have $2M in revenue but -$5M in income if you burned cash to generate sales. Sent from my iPhone <blockquote> On Aug 22, 2020, at 7:35 PM, Mike Hammett < af...@ics-il.net > wrote: </blockquote> <blockquote> Right, but what I'm asking is that if 5x EDIBTA = Y, then what was Y / annual revenue? ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP ----- Original Message ----- From: "Chuck McCown" < ch...@wbmfg.com > To: "AnimalFarm Microwave Users Group" < af@af.afmug.com > Sent: Saturday, August 22, 2020 10:01:44 AM Subject: Re: [AFMUG] Buying and selling ISP’s Whatever 5x your earnings are. Not sales or revenue or gross profit but bottom line earnings on your income statement/ pl. Your taxable income. Sent from my iPhone <blockquote> On Aug 22, 2020, at 8:16 AM, Mike Hammett < af...@ics-il.net > wrote: </blockquote> <blockquote> What does the revenue multiplier end up being, though? 5x EBIDTA / revenue gets you what, in purchases that have been made? ----- Mike Hammett Intelligent Computing Solutions Midwest Internet Exchange The Brothers WISP ----- Original Message ----- From: "Chuck McCown" < ch...@wbmfg.com > To: "AnimalFarm Microwave Users Group" < af@af.afmug.com > Sent: Friday, August 21, 2020 8:20:47 PM Subject: Re: [AFMUG] Buying and selling ISP’s 5 x ebidta Revenue multiples are of no value. Sent from my iPhone <blockquote> On Aug 21, 2020, at 5:30 PM, cjwstudios < cjwstud...@gmail.com > wrote: </blockquote> <blockquote> 1x annual revenue and hope the customers stay on On Fri, Aug 21, 2020 at 5:43 PM Matt Hoppes < mattli...@rivervalleyinternet.net > wrote: <blockquote> This is the issue I’ve always had when I’ve looked at buying an ISP. It always seems like a lot more money I would have to put out to buy then I could just build and take the customers if something is wrong with the current network. > On Aug 21, 2020, at 12:43 PM, Seth Mattinen < se...@rollernet.us > wrote: > > On 8/20/20 8:13 PM, Steve Jones wrote: >> I think you either buy or sell, isp isnt really a flip thing > > > There is/was someone in my part of the country buying up ISPs and trying to > package them all together as a flip. My ISP customers tell me it's far easier > to get the flipper's customers to cancel and switch than buy their company. > > -- > AF mailing list > AF@af.afmug.com > http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com </blockquote> -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com </blockquote> -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com </blockquote> -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com </blockquote> -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com </blockquote> </blockquote> -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com </blockquote> -- AF mailing list AF@af.afmug.com http://af.afmug.com/mailman/listinfo/af_af.afmug.com
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