Substantial EBITDA Growth for Fiscal Year 2008
SANTA BARBARA, Calif.—April 3 , 2009 —American Communications finished the Fiscal Year 2008 very strong, including a 77% year-over-year increase in EBITDA, putting the company on track to continued growth throughout fiscal year 2009.
"We continue to drive substantial revenue growth through competitive differentiators including offering quality network equipment at competitive prices, superior repair services, and nationwide field technical support by certified technicians," said Phillip Grace, American Communications’ CEO. "In 2008, we gained significant market share in the carrier services marketplace, especially among our core customers in the wireless and microwave interconnect segments, expanding key relationships with Tier 1 nationwide carriers, advancing rural carriers, and enterprise corporations. We also continued to diversify our overall product offerings which are key drivers for achieving American Communications’ goal of providing the industry's most effective network infrastructure management solutions."
About American Communications
American Communications is a leading supplier of new, surplus and used telecommunications hardware, supporting carriers, service providers, enterprise clients, end users, and resellers around the world. We provide turnkey solutions for data, wireless, and wireline networks, including buying and selling equipment, tower and field services, equipment test and repair, site acquisition services, technology migration solutions, asset recovery, site and lease administration, and network rationalization solutions.
American Communications maintains an extensive equipment inventory and has an established customer base nationwide and abroad. Founded in 2001, American Communications is headquartered in Santa Barbara, California with sales and technical operations in Dallas, Texas and with a Latin American headquarters in Buenos Aires, Argentina and an Asia Pacific headquarters in Taipei, Taiwan. For more information, please visit http://www.go-ac.com/
