First Avenue (NASDAQ:FRNS)
Historical Stock Chart
From Jun 2019 to Jun 2024
![Click Here for more First Avenue Charts. Click Here for more First Avenue Charts.](/p.php?pid=staticchart&s=N%5EFRNS&p=8&t=15)
First Avenue Networks Approved for Listing on NASDAQ National
Market
MCLEAN, Va., June 21 /PRNewswire-FirstCall/ -- First Avenue Networks
(NASDAQ:FRNS), a wireless carrier's carrier, today announced that it has
received a determination from The NASDAQ Listing Qualifications Panel that it
is appropriate to list First Avenue's common stock on The NASDAQ National
Market. NASDAQ has informed First Avenue that its common stock will trade on
The NASDAQ National Market under the symbol "FRNS."
"We are excited to be listed on The NASDAQ National Market," said Dean Johnson,
president and CEO, First Avenue Networks. "This event marks a major milestone
in the maturation of First Avenue. It affirms the viability of the fixed
wireless market and gives our existing and new investors increased visibility
and liquidity."
About First Avenue Networks
First Avenue Networks (NASDAQ:FRNS) is a wireless carrier's carrier. The
company is a leading participant in the fixed wireless backhaul and access
evolution as it builds fixed wireless solutions for mobile backhaul, bypass and
fiber extensions that are cost-effective, reliable and rapidly deployed.
With the addition of the 24 GHz assets and operations of Teligent, which the
company acquired in early 2005, First Avenue has amassed one of the largest and
most comprehensive collections of millimeter wave spectrum assets in the United
States. The company has approximately 1.5 billion channel pops between its 24
GHz and 39 GHz spectrum licenses. First Avenue offers nationwide coverage and
added depth in major U.S. metropolitan areas, holding nearly 600 MHz of
spectrum in the top 75 U.S. markets. For more information, please visit the
company's web site at http://www.firstavenet.com/ or call (703) 873-4150.
The above information includes forward-looking statements regarding the
securities trading and the provision of services by the Company and other
opportunities in the Company's marketplace. These statements are not guarantees
of future performance. Known and unknown risks, uncertainties, and other
factors, including without limitation, the risk that the Company will be
adversely affected by capital constraints, changes to or failure to execute the
Company's strategy and business plan, non-renewal or revocation of FCC
licenses, variable customer demand, technological risks, ability to manage
growth, competition and government regulation and other risks may cause actual
results to differ materially from the future results implied or expressed in
the forward-looking statements. Many of these risks and uncertainties are
further discussed in our most recent filings with the Securities and Exchange
Commission, including our annual report on Form 10-K for the fiscal year ended
December 31, 2004. The Company does not undertake to and expressly disclaims
any obligation to update or revise its forward-looking statement publicly to
reflect any change in these forward-looking statements, or in events,
conditions or circumstances on which any such statements may be based, or that
may affect the likelihood that actual results will differ from those set forth
in the forward-looking statements.
DATASOURCE: First Avenue Networks
CONTACT: Linda Pitt of GAJ Services Inc., +1-859-291-1005, or
, for First Avenue Networks
Web site: http://www.firstavenet.com/