Icon Media Holdings – Innovative Wi-Fi Infrastructure And Technical Services For The Wireless Industry
Interview with CEO Rob Deakin.
Icon Media Holdings, (OTC PINK: ICNM), is an innovative technology company that specializes in wireless infrastructure and technical services. Its subsidiary Spectrum Velocity provides turnkey small cell network, distributed antenna systems (“DAS” solutions), Wi-Fi technical consulting and implementation services. Below is our interview with Rob Deakin, CEO of Icon Media Holdings:
Q: Rob, could you provide our readers with a brief introduction to Icon Media Holdings?
A: Icon Media Holdings is a diversified global technology company originally formed in 1998. In 2014, we formed Spectrum Velocity, LLC to provide engineering, design and installation services to the Wireless Industry. The Company provides turnkey small cell network, distributed antenna systems (“DAS”) and Wi-Fi technical consulting, design and implementation services. Our assembled team has over 100 years combined experience in the wireless, telecommunications and broadcast industries.
Q: Who is your ideal customer and why?
A: Our ideal customers can be broken out into two segments, the wireless industry (cellular companies and associated providers) and enterprise clients (REITS, hospitals, and other large public venues). These customers are in need of ongoing design and installation of new facilities and maintenance and upgrading on existing installations.
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Q: What have been some major milestones over the last 24 months?
A: On the services side, one major milestone was a project we did that entailed identifying a wireless coverage problem and designing the solution for the office complex of a fortune 5 company. We have also made great strides of completing past financial audits as part of our plan to file a Form 10 with the SEC to return to fully reporting status.
Q: What are your plans for 2017?
A: We have some aggressive plans for 2017. The first is to complete our current audits (2015 and 2016 reviews) and file the Form 10. We also plan to complete 2 acquisitions of complementary, positive cash flow generating companies that are currently in the industry. Simultaneously, we will be building out our business development team and growing our network of synergetic partnerships. With all of our organic growth objectives, the goal is to expand our footprint, and business, without the need to significantly add to our overhead.
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Q: More generally, how do you see the wireless industry developing, and where do you place yourself in the industry?
A: Generally speaking, the wireless industry is continuing to grow and evolve. As with any technology, innovation fuels the need to constantly upgrade and enhance the networks and services. For example, the next evolution in the cellular segment is migrating to 5G. There are also increasing needs for Radio Frequency interference mitigation (wireless networks interfering with one another) in the enterprise market as well as identifying and engineering solutions for the cellular carrier deficiencies. The amount of mobile data consumed continues to grow exponentially and creates additional bandwidth demands. Icon Media, through its subsidiary Spectrum Velocity, has the expertise, industry knowledge, forward thinking and drive to play an integral part in this business. Our management and engineering teams have 100+ years combined experience in the wireless industry, have advanced degrees and are considered experts by the major carriers and cutting edge technology firms.