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Local Broadcasting Groups Form EdgeBeam Wireless, LLC to Provide US-wide High-Speed Data Transmission Services

Jan 07, 2025over 1 year ago

Contract Type

partnership

Las Vegas

Description

Four of the nation’s largest independent local broadcasting groups, including The E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group, Inc., and Sinclair, Inc., have formed EdgeBeam Wireless, LLC, a joint venture aimed at providing robust wireless data services to businesses and industries across the United States. Leveraging the broadcasters’ efficient network architecture and the ATSC 3.0 transmission standard, EdgeBeam Wireless will offer expansive, reliable, and secure data delivery services to a wide range of devices and industries, complementing and enhancing current wireless solutions.

Company Information

Company

EdgeBeam Wireless

Location

Las Vegas, Nevada, United States

About

EdgeBeam Wireless, LLC is a joint venture formed by The E.W. Scripps Company, Gray Media, Inc., Nexstar Media Group, Inc., and Sinclair, Inc. to provide high-speed data transmission services to clients across the United States.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months