611 Patterson, Cambridge, NE 69022

info@pnpt.com  |   308-697-7678

© 2017 Pinpoint Holdings, LLC

 

FOR IMMEDIATE RELEASE

March 13, 2020

Pinpoint to Offer Free Internet for On-line Education and Assures Internet Services

for Customers Impacted by COVID-19

Today Pinpoint announced two initiatives to support the proactive measures to prevent the spread of the COVID-19 virus. The first act Pinpoint offers is assurance that it will not disconnect services for customers impacted by any disruption the COVID-19 virus may cause over the next 60 days.  While we don’t yet know what the effects may be to our consumers, Pinpoint wants to ensure our customers are able to be connected, even in times of distress. 

 

Secondly Pinpoint is announcing a special assistance package to the residents within its served markets that may be impacted by the spread of the virus.  Beginning Monday, March 16, Pinpoint will offer 60 days of free broadband internet service to any residential home that is located in Pinpoint’s available service territory, whether in town or in rural locations, that have K-12 school-aged children or college students at home who do not currently have an active Internet service with Pinpoint.  Additionally, Pinpoint will waive all installation charges and contract requirements associated with the Internet service.  Installations will be done at the first and fastest available time. 

Pinpoint is actively working with local school districts to help coordinate and prepare for the possibility of moving to an on-line learning environment as well as to spread the message about the free service offering to all affected and eligible families.  Tom Shoemaker, President of Pinpoint, made a brief comment about the looming possibility of extended school closures, “Pinpoint wants to support the decision for social distancing by making it possible for students and families to actively participate in continued learning and educational opportunities during this time.  This offer is intended to help make a difficult transition easier on families by providing a solution for on-line learning requirements without imparting further economic impact.”

Currently, Pinpoint provides service in the following communities and the surrounding rural areas:  Bartley, Oxford, Cambridge, Indianola, Gothenburg, McCook and Wilsonville.  Interested persons can contact the office directly by calling 800-793-2788 or by signing up on-line at:  https://www.pnpt.com/our-services-menu  and clicking on your community. 

Please submit your contact information via the Order Services form and one of Pinpoint’s Customer Service representatives will contact you to schedule your appointment. 

 

Questions regarding the offer, eligibility of service or further details can be directed to Pinpoint’s headquarters at 800-793-2788.  Shoemaker added, “We encourage people to take advantage of this offer as early as possible in order to facilitate the most timely installation times.”

About Pinpoint:  Pinpoint is a services company operating under the umbrella of Pinpoint Holdings, Inc., a Nebraska company, who owns and operates telecommunications services through its various subsidiaries.  Pinpoint is headquartered in Cambridge, NE, with satellite offices in McCook and Gothenburg, NE through which they provide regulated telephone, IPTV, broadband Internet, competitive local exchange, long distance, and fixed wireless services. Pinpoint has deployed and manages an all-fiber network in the communities of Cambridge, Bartley, Gothenburg and recently Oxford, Nebraska, focusing on the expansion of fiber into smaller communities within the State and serving as the voice for rural fiber broadband development and implementation for all to gain the benefits of using high quality, state-of-the-art fiber optic transmission assets.  Pinpoint has been in business for nearly 30 years and was started out of Cambridge Telephone, which has been in business for over 100 years.

MEDIA CONTACT:

Karla Whipple

308.695.5275

karla.whipple@pnpt.com

# # #

FOR IMMEDIATE RELEASE

   

Pinpoint Announces McCook Fiber-to-the-Premise Build

March 3, 2020

Today, Pinpoint unveiled plans to build and execute a fiber-to-the-premise (FTTP) network in McCook, NE that will initially encompass approximately 1,000 homes and businesses.  The decision to proceed with this project is a part of Pinpoint’s strategic plan to continue to invest in rural communities and provide them with world-class broadband networks.

 

Pinpoint, who completed a FTTP build for the Village of Oxford in November 2019, has been a long-time visionary and champion for the expansion of fiber into rural Nebraska focusing on areas that have been overlooked and underserved by incumbent providers.  Currently Pinpoint owns and operates an all-fiber network in four Southwest Nebraska communities including Cambridge, Bartley, Gothenburg and Oxford and plans to continue to seek out areas where people desire to have a better service but the response has been largely ignored.

 

Tom Shoemaker, President of Pinpoint, remarked on the new project, “We have been a part of the McCook community for many years and the time is right for us to introduce a fiber optic service to the community.  We believe that this project will help boost the community status and increase its value as it looks to the future for sustaining and recruiting current and new businesses and residents.  Pinpoint wants to be both a leader and investor in the growth of the economy and the community overall.  McCook provides the venue where we can leverage our expertise in the industry, allowing us to create an environment that is both technologically savvy and economically feasible for the community members. The opportunity for successful growth for all is immense.”

 

Pinpoint has a long standing history of being a committed, local provider in McCook with a reputation to serve the needs of the people.  This project further reinforces the company’s dedication to advancing expansion and developing opportunities by providing an integral world-class fiber network paired with affordable service to meet the ever-growing needs of our consumers.

 

Construction of the new network is set to begin in mid-March of this year.  The project, which will cover the northeastern quadrant of McCook, including The Reservation and business corridor of Norris Avenue, will be completed in two phases over the course of the year. Once plans are finalized, a progress map showing when neighborhoods will be receiving the new service will be published so that residents and businesses can plan accordingly.  Shoemaker added, “This is the best step in the right direction for the future of McCook and we are excited to be leading it.”

About Pinpoint:  Pinpoint is a services company operating under the umbrella of Pinpoint Holdings, Inc., a Nebraska company, who owns and operates telecommunications services through its various subsidiaries.  Pinpoint is headquartered in Cambridge, NE, with satellite offices in McCook and Gothenburg, NE through which they provide regulated telephone, IPTV, broadband Internet, competitive local exchange, long distance, and fixed wireless services. Pinpoint has deployed and manages an all-fiber network in the communities of Cambridge, Bartley, Gothenburg and recently Oxford, Nebraska, focusing on the expansion of fiber into smaller communities within the State and serving as the voice for rural fiber broadband development and implementation for all to gain the benefits of using high quality, state-of-the-art fiber optic transmission assets.  Pinpoint has been in business for nearly 30 years and was started out of Cambridge Telephone, which has been in business for over 100 years.

MEDIA CONTACT:

Karla Whipple

308.695.5275

karla.whipple@pnpt.com

# # #

Pinpoint Reinforces Its Commitment

to Rural Nebraska

January 1, 2020

Pinpoint continues to take strides to promote the expansion of fiber broadband in rural communities and farms throughout Nebraska.  Most recently, the Pinpoint team engineered and implemented a fiber network in Oxford, Nebraska, overbuilding an older cable plant in order to deliver the state of the art service to Village residents.  The new service went live on November 1, 2019 with installation of the first new subscribers and transition of existing customers over to the new network.

 

Tom Shoemaker, President of Pinpoint Communications, had this to say about the company and its ventures, “Pinpoint has dedicated their work to providing a future-proof product to yet another small community that had been overlooked by the incumbent provider(s).  This is what we do.  We invest real dollars, time and people in a market to help increase the quality of living, inducing economic stimulation and providing the same experience for rural residents as offered in urban settings.  Recent sales of Pinpoint assets, including the Zona Communications investment last July, continue to help fund our growth.  We are committed to the future of Nebraska and will endeavor to expand fiber into areas that are lacking in support.  The need for reliable and fast internet service is growing exponentially.  No matter which vehicle you choose to access it, Pinpoint provides the ultimate highway to get you there.  We promote and encourage the use of over the top streaming of video content as an affordable option for viewing live and recorded television.  It is the way the world is going and we embrace it and are willing to help our customers adopt the new technology.”

 

Pinpoint currently operates an all-fiber network in four communities in southwest Nebraska including Bartley, Cambridge, Gothenburg and now Oxford.  In a recent press release, Pinpoint announced new management succession of its parent company, Pinpoint Holdings, Inc. following the retirement of current President/CEO, Michael Urdahl.  As of January 1, 2020, current CFO, Bachtiyer Kholmatov will step into the leadership role while continuing to direct the overall financial administration for Pinpoint.  Bachtiyer Kholmatov joined Pinpoint in 2008 as Vice President of Finance.  He was promoted to CFO in 2010 and has served as interim manager of several divisions and companies under Pinpoint Holdings, Inc. during times of transition.  He brings more than 25 years of experience in the field of finance, international trade, IT/software and more in support of the new executive role.

 

While changes organizationally occur from time to time. One thing that remains constant is Pinpoint’s dedication to rural Nebraska and connecting as many communities and residents to fiber networks as possible.  Pinpoint looks forward to continuing this mission long into the future. 

 

For questions or inquiries regarding the availability of fiber services in rural areas, please contact Pinpoint directly by calling 800-793-2788, emailing info@pnpt.com or stopping in one of the three local offices:  1004 Ave D - Gothenburg, 611 Patterson St - Cambridge, or 312 W B St - McCook.

# # #

 

FOR IMMEDIATE RELEASE

                                                                                                                      

Pinpoint Announces New Management

Kholmatov Named President and CEO as Urdahl Retires

December 19, 2019

 

Cambridge, NE December 19, 2019 - Pinpoint announced today that current CEO Michael Urdahl has elected to retire at end of the year.  Urdahl was named CEO in January 2016 and has served in the capacity of corporation President as well as presided as manager over Pinpoint’s e-Care Nevada and Zona Communications projects and was a key facilitator in the sales of these companies.  The departure of Urdahl opens the door for the board to name Bachtiyer Kholmatov as the incoming President and CEO of Pinpoint Holdings Inc.

 

Kholmatov joined Pinpoint in 2008 as Vice President of Finance bringing with him more than 20 years of professional experience in the arenas of finance, international trading, food processing/manufacturing, IT/software and consulting.  He was promoted into the role of Chief Financial Officer in 2010. Additionally throughout his career with Pinpoint, Bachtiyer has held interim CTO and COO positions during periods of transition involving sales of different divisions and companies as well as through organizational restructuring. 

 

J. Richard Shoemaker, Chairman of the Board for Pinpoint, remarked on the shift, “Mike has been an integral part of Pinpoint’s recent accomplishments and we owe him a great deal of gratitude for his service.  We are confident in our selection of Bachtiyer Kholmatov as the new CEO/President and excited to move into this next phase of management succession.  We believe Bachti will continue to lead Pinpoint down the road of success well into the future.” Kholmatov will officially take the reins as CEO on January 1, 2020.

 

Mr. Urdahl will continue to be affiliated with Pinpoint functioning as a consultant focused on the Nebraska Public Service Commission, State legislative initiatives, Public Private Partnership initiatives, and in other areas of identifying expansion opportunities for broadband over fiber throughout the state.

 

About Pinpoint Holdings, Inc.-
Pinpoint Holdings, Inc., a Nebraska company owns and operates telecommunications services through its various subsidiaries.  Pinpoint is headquartered in Cambridge, NE, with offices in McCook and Gothenburg, NE through which they provide regulated telephone, IPTV, broadband Internet, competitive local exchange, long distance, and fixed wireless services. Pinpoint has deployed and manages an all-fiber network in the communities of Cambridge, Bartley, Gothenburg and recently Oxford, Nebraska, focusing on the expansion of fiber into smaller communities within the State and serving as the voice for rural fiber broadband development and implementation for all to gain the benefits of using high quality, state of the art fiber optic transmission assets.  Pinpoint has been in business for nearly 30 years and was started out of Cambridge Telephone, which has been in business for over 100 years.

 

MEDIA CONTACT:

Karla Whipple

308.695.5275

karla.whipple@pnpt.com


 

# # #

For Immediate Release

PINPOINT HOLDINGS, INC. SELLS ZONA COMMUNICATIONS


Wednesday, June 19, 2019
 

Pinpoint Holdings, Inc. (Pinpoint), announced today it has reached a definitive agreement to sell Accipiter Communications (d/b/a Zona Communications—Zona)) of Peoria, AZ, to Wyyerd Group (Wyyerd), for an undisclosed amount.  The sale of Zona Communications is the latest strategic transaction by Pinpoint as it continues its approach of acquiring undervalued companies.
 

J. Richard Shoemaker, Chairman of the Board of Pinpoint Holdings, Inc., indicated the Zona Communications project continued a pattern where Pinpoint assumed control of a troubled asset and, in turn, made those assets profitable.  “We bought Zona when it was in bankruptcy in early 2017 and our team basically doubled the number of customers in two years”, Shoemaker said.  “This is just the latest example of Pinpoint’s expertise in finding distressed assets, correcting problems, and creating value for our shareholders”.
 

Shoemaker, who has more than 35 years in the telecommunications industry, went on to observe that today’s consumers are extremely savvy regarding the technology and service they are provided.  He said, “Our experience in Arizona was similar to many other areas in which we have provided service.  It is clear that customers want fiber-based internet instead of older technologies and Pinpoint intends to continue to expand to provide fiber-based internet services in other locales”.

The sale of Zona to Wyyerd was a positive result for all parties according to Pinpoint and Zona CEO Michael Urdahl.  “The capital Wyyerd will bring to Zona will allow us to expand our service throughout the West Valley of Phoenix and beyond”, Urdahl said.  “Also, Pinpoint will now be able to take the cash received from this sale and examine other opportunities which may be available around the country”.

 

While Pinpoint has actively purchased and rehabilitated various distressed assets around the country, the company also has been committed to providing service in rural Nebraska.  “Pinpoint has provided fiber-based services in locations such as Cambridge, Bartley and Gothenburg and has also provided wireless and internet services throughout Southwest Nebraska”, Shoemaker said, “With the sale of Zona, we will be looking throughout Nebraska and beyond to see where we can fill a niche by providing fiber-based services where customers currently have no such option”.
 

The deal will be final once regulatory approval has been given by the Federal Communications Commission and notification has been given to the Arizona Corporation Commission.  The entire process should be completed by late summer.

 

- About the Companies

Wyyerd Group is a residential, commercial and smart-community fiber-optic based telecommunications services provider founded in 2017 and based in Boulder, CO.  Wyyerd’s vision is to become the cornerstone partner for internet connectivity, fiber and facilities interconnection, smart community enablement and sustainable development, one community at a time across the US and Southern Canada.
 

Pinpoint Holdings, Inc., was originally founded as Cambridge Telephone Company in Cambridge, NE more than 100 years ago.  Pinpoint is a diversified telecommunications company which has been involved in a variety of telecommunications businesses including landline, wireless, internet, long haul fiber, data centers, and fiber-to-the-premise.  Pinpoint Holdings, Inc., is headquartered in Cambridge, NE.
 

Zona Communications was founded in 1996 as a rural telephone company when US West was selling rural telephone exchanges.  Zona operates in an 1100 square mile area in Maricopa and Yavapai Counties and provides service in areas such as Vistancia and Sun City Festival.  Zona Communications is headquartered in Peoria, AZ.
 

For more information, contact:   

Tom Shoemaker, President of Pinpoint Communications

(308)-697-7678

tom.shoemaker@pnpt.com