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Madison Systems Inc. (MADI-OTC NASDAQ) and Stanmac Broadband Inc. have announced their commitment to expand proprietary broadband technology in partnership with Infinity Internet Solutions. The companies aim to bridge the digital divide for communities lacking high-speed internet access, particularly in rural and Indigenous areas of Canada and the USA. With their patented Connect Gen systems offering speeds of 100-200 Mbps, the firms plan to install up to 20 systems by year-end 2021. Additionally, funding opportunities from the Canadian government and the US government's $100 billion pledge present significant growth potential.
Madison Systems Inc. (MADI-OTC NASDAQ) announced a successful launch of its patented broadband technology in partnership with Stanmac Broadband Inc. and First Broadband Group. The Canadian government has approved a license to provide high-speed internet to the Metis community of East Prairie, Alberta, with speeds of 150-200 Mbps and 99.99% uptime. Additionally, MADI has entered a letter of intent to acquire 50% of First Broadband Group, enhancing its position in the rural broadband market. This technology allows for broadband service over non-line-of-sight distances up to 60km, positioning MADI to serve underconnected regions in Canada.
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