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Two Chicago-Area
Entrepreneurs Enter the Burgeoning ''Triple-Play'' Digital Media
Market New company
Other topics: VoIP
Rates, WiFi VoIP
BUSINESS WIRE
January 17,2007
Access Media 3 -- plans to become premiere
provider, with more flexibility and customer focus than out-of-town
competition.
CHICAGO - Two Chicago-area entrepreneurs have formed a new company
that will provide “triple-play” digital media services, primarily to
multi-tenant residential, commercial and mixed-use buildings in
metropolitan Chicago and beyond.
CEO Scott Rediger announced today that the new company – Access Media
3 – provides high-speed Internet, TV and voice services with more
flexibility and customer focus than pre-packaged solutions offered by
competitors, most of which have headquarters outside of Chicago. The
new venture merges Alsip-Ill.-based MDI Access into Access Media 3 and
adds Rediger’s considerable experience in developing profitable new
companies. Access Media 3 is headquartered in Willowbrook, Ill. |
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“Access Media 3
provides a better alternative to the status quo,” Rediger says. “Local
property managers tell us cable upgrades in the Chicago marketplace
can be costly and disruptive, with customer service providing slow
response times and insufficient technical knowledge. Worse yet,
there’s little choice of providers and they’re stuck in contracts when
service fails.”
Most recently the chief operating officer of Oakbrook Terrace,
Ill.-based CIMCO Communications, Inc., Rediger co-founded and
developed Ovation Communications before the company was sold in 1999
for $402 million to McLeodUSA. After the sale, he was a senior vice
president for McLeodUSA, developing the company’s still-strong
presence in the Midwest.
Bob Heiderscheidt, president of the former MDI Access, continues his
active involvement as partner, officer and principal of Access Media
3. He also continues to operate Midland Data-Electric Installation Co.
(MDI), which builds digital media infrastructure for Access Media 3
customers. MDI Access implemented Chicago’s largest residential
high-rise wi-fi system at Draper and Kramer’s 1130 S. Michigan
building last August, linking 656 apartment units in the 43-story
building. MDI Access also developed connectivity solutions for several
other major Chicago-area real estate companies, which continue to be
served by Access Media 3.
Rediger says the new company designs and implements tailor-made
end-to-end solutions that help building managers, condo associations
and developers deliver digital services residents have come to expect.
In doing so, Access Media 3 meets each property’s needs and
requirements. For example, a building may want only high-speed
Internet or satellite TV rather than triple-play; one building may
prefer a wired solution due to existing infrastructure while another
building may want wireless. Access Media 3 also can help buildings
turn digital media offerings into revenue streams or offer them as
amenities.
This flexibility is made possible by having strong alliances with
companies such as McLeodUSA, which Access Media 3 can involve in
projects to meet customers’ needs.
The convergence of high-speed data transfer, video and voice
represents a significant market with outstanding revenue growth
potential. Cable, telecommunications, consumer electronics and IT
companies are all moving toward delivering these digital services in
an integrated fashion known as triple play.
Triple play business models will continue to emerge in 2007, according
to Research and Markets, a global market research company. A range of
new devices that will connect the Internet to the TV will be launched
within the next few years and will require high-speed Internet access.
By 2009, there will be more than 135 million VoIP (voice over IP)
subscribers worldwide.
About Access Media 3
Access Media 3 provides design, installation, maintenance and
management of high-speed Internet, TV and voice services to
multi-tenant residential, commercial and mixed-use properties.
Headquartered in Willowbrook, Ill., Access Media 3 customizes
solutions to meet customer needs, using wireless, cable, phone wiring,
Cat5 and fiber optics as appropriate. Access Media 3’s experienced
team of project managers, installers and IT professionals has
successfully designed, installed and implemented network solutions in
more than 6,000 apartment units, commercial businesses and
condominiums in the greater Chicagoland market and beyond.
www.am3inc.com |
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