Straight Path Communications Inc Fund Company Profile

Description

Straight Path Communications Inc., together with its subsidiaries, holds, leases, and markets fixed wireless spectrum licenses in the United States. The company holds 828 licenses of 39 gigahertz band; and 133 licenses in the local multipoint distribution service band. It offers point-to-point and point-to-multipoint wireless broadband digital telecommunications services. The company’s fixed wireless spectrum is used primarily to provide fixed wireless services for wireless Internet service providers and mobile network operators. It is also involved in the acquisition, development, licensing, and protection of intellectual property primarily related to communications over the Internet. The company owns 11 patents that are primarily related to various communications technologies, including patents facilitating the use of communications over the Internet; and the Droplet Portfolio of patents. Straight Path Communications Inc. was founded in 2013 and is headquartered in Glen Allen, Virginia.