What is Horizon Project
tinhkhuatHorizon Communications is a new wireless internet company that will be starting operations in Bermuda first, and expanding to more of the Caribbean region. They are going to offer services using wireless LTE technology to deliver upwards of 150 mbps internet speeds, VOIP telephone offerings, and high definition TV services. The goal is to provide access to great services to customers who are currently using overpriced and poor quality services.
Horizon estimates that coverage of their services will include ninety five percent of homes on Bermuda by minimal usage of towers. Coverage offshore may be up to fifteen miles offshore. The marketing plan within four or five years is to obtain at least fifteen percent of the market in Bermuda. The goal is to generate total revenues of about forty four million in five years with expenses of around twenty six million.
Horizon Communications will be a high speed Internet Service Provider (ISP), based in Bermuda and servicing the Caribbean. Horizon will utilize LTE fixed wireless for last-mile delivery to end users. The service offering will include Internet speeds of up to 150 Mbps in 2018 and 300 Mbps and faster in late 2018 / 2019. Alongside high speed Internet services, Horizon will provide High Definition TV services as well as Voice over Internet Protocol (VoIP) Telephone services. This wireless network infrastructure will be delivered over a software defined radio system custom built using 4G LTE-Advanced (Release 13) standards.
WHAT IS FIXED WIRELESS?
Fixed Wireless is an internet industry term to describe the network technology used to connect our customers homes and businesses to a wireless infrastructure that will be owned and operated by Horizon. The term “fixed” is a system that provides broad band internet access to a single location using radio waves, eliminating the need for overhead or underground phone and cable lines. Horizon customer’s will have an exterior mounted antenna to capture Horizon’s service, ensuring a very high quality of connection. Although many customers within 1–2 miles of our towers will not need an external antenna, Horizon will install one to ensure quality.
WHAT IS HORIZON COMMUNICATIONS?
A good news for the wireless internet users, now we have the new Internet provider (ISP) Horizon Communications — this high-speed Internet provider will be based in Bermuda and serve the entire Caribbean. They will use LTE wireless communication to deliver user communications. Their service will include Internet speeds of up to 150 Mbps in 2018 and 300 Mbps and even faster at the end of 2018 in early 2019.
In addition to high-speed Internet, they transmit high-definition television services. Internet Protocol (VoIP) Telephone services. This wireless infrastructure will be transferred through the user software using the 4G LTE-Advanced standards. After attracting and successfully growing capital, Horizon plans to launch a business in Bermuda in mid-2018. Using this technology, they will be distributed to the countries of the Caribbean and other countries of Central America. It is expected that Horizon will cover with its network more than 95% of Bermuda’s houses and businesses with a small number of towers. The sea cover will cover about 15 miles from the shore. They want to build the most reliable network.
Schwartz intends to enter the Bermuda market within 5 months after the infusion of capital. At the same time, Horizon plans to cover at least 15% of the Bermuda market in 4–5 years. Five-year financial forecasts of Horizon in Bermuda will be about 44 million dollars. The US, compared to the cost of spending about 26 million dollars. USA. Thus, the total profit is 18 million. USA They plan to use blockchain technology in many ways. Horizon created its own unique marker based on Ethereum, which is called Horizon and is denoted by the symbol HRZN. Owners of tokens are eligible for discounts on services. In addition, they are going to divide a part of the profit with the holders of markers and execute a program for the repurchase of the marker with a partial profit. The target amount for profit distribution is 15%, and about 5% is intended for the buy-out program.
Customers will be able to pay for services using the HRZN token. Employees can also be given tokens. It is planned that the token will be available for trading on different exchanges. Blockchain will also be used by Horizon to provide a data warehouse with integrated blockchain technology. Client portals will have access to an encrypted, decentralized repository. Horizon also plans to offer VPN services or a virtual private network, also using blockchain solutions.
There is a great opportunity to improve wireless network offerings in the Caribbean region and especially in Bermuda. Current proposals in these regions can be very slow and unreliable. Most competitors can only offer speeds of 10 Mbps. A fast and reliable Internet has become important for many people and businesses. Tourism and cruise ships provide an additional opportunity for wireless Internet providers. In 2016 more than six hundred thousand tourists visited Bermuda. Horizon plans to offer services for tourists and cruise ship ports.
Customers will be able to make payments for services by using the HRZN token. Employees can also be paid using tokens. The token is planned to be available for trading on different exchanges as well. Blockchain will also be used by Horizon to offer data storage with integrated blockchain technology. Customer portals will have access to encrypted decentralized storage. The Horizon company also plans to offer VPN, or virtual private network services, using blockchain solutions as well.
There is great opportunity for improving the wireless network offerings in the Caribbean region and especially Bermuda. Current offerings in these regions can be very slow and unreliable. Much of the competition can only offer speeds of ten Mbps. Fast and reliable internet has become essential for many people and businesses. Tourism and cruise ships provide additional opportunity for wireless internet providers. In 2016, over six hundred thousand tourists visited Bermuda. Horizon plans to offer services for tourists and cruise ship ports. The Horizon team is lead by founder Gilbert Darrell, who has much experience in the telecom industry. To find out more about Horizon Communications and their offerings, visit the sites listed here and read their detailed whitepaper.
Whitepaper: https://www.horizoncomm.co/feast-content/uploads/Horizon-Whitepaper.pdf
Author: tinhkhuat
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