Edge Spectrum Acquires 3ABN LPTVs

Edge Spectrum Inc. (ESI) announced today the acquisition of 60 operating low-power television stations and 10 LPTV construction permits from Three Angels Broadcasting Network (3ABN) in a move that the companies said “will continue and enhance the 3ABN mission.” The full terms of the transaction were not disclosed.

According to Vern Fotheringham, ESI chairman-CEO, this transaction has mutual benefits for everyone involved. “ESI is a company with a heart for faith-based broadcasters and this is an effort to help 3ABN continue to meet its mission. We are continuing our strategic alignments to help faith-based broadcasters leverage future broadcasting standards and technologies.”

ESI is focused on the growing demand for wireless mobile broadband Internet services and for low-cost and high-quality over-the-top content delivery alternatives to broadband cable and satellite unicast Internet service providers. ESI is also providing an autonomous network for broadcasters and broadband Internet content distributors seeking to rapidly reach the growing market for crossplatform delivery of video and Internet content.

ESI services are designed to enhance mobile and fixed OTT content delivery into high-capacity edge caches as well as real time, video on demand and live event streaming.