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About
Straight Path Communications, Inc. engages in the business of leasing and sub-licensing a national portfolio of wireless spectrum and licensing intellectual property. It operates through the following segments: Straight Path Spectrum, Straight Path IP Group, and Straight Path Ventures. The Straight Path Spectrum segment seeks to lease and market fixed wireless spectrum; and offers its customers point-to-point and point-to-multipoint wireless broadband digital telecommunications services. The Straight Path IP segment holds intellectual property primarily related to communications over the internet and the licensing and other businesses related to this intellectual property. The Straight Path Ventures develops next generation wireless technologies primarily for Gigabit Mobility Lab. The company was founded on April 4, 2013 and is headquartered in Glen Allen, VA. | |||
Description
Straight Path Communications Inc., together with its subsidiaries, holds, leases, and markets fixed wireless spectrum licenses in the United States. The company holds 828 licenses of 39 gigahertz band; and 133 licenses in the local multipoint distribution service band. It offers point-to-point and point-to-multipoint wireless broadband digital telecommunications services. The company's fixed wireless spectrum is used primarily to provide fixed wireless services for wireless Internet service providers and mobile network operators. It is also involved in the acquisition, development, licensing, and protection of intellectual property primarily related to communications over the Internet. The company owns 11 patents that are primarily related to various communications technologies, including patents facilitating the use of communications over the Internet; and the Droplet Portfolio of patents. Straight Path Communications Inc. was founded in 2013 and is headquartered in Glen Allen, Virginia. |