FULO
Industry:
Software IT Services

DESCRIPTION

FullNet Communications is a small Oklahoma-based integrated communications provider with three core businesses. First, through its CallMultiplier subsidiary, FullNet operates a cloud-based mass notification platform that sends automated text and voice messages to groups of up to 250,000 people. Customers include schools, religious groups, businesses, staffing companies, property managers, and government entities across the U.S. and Canada, and the platform is opt-in only. Second, FullNet operates a carrier-neutral, telco-grade data center in Oklahoma City, offering colocation services to CLECs, ISPs, and businesses that need a local physical presence. The carrier-neutral model lets customers choose among competing carriers rather than being locked in to a single provider. Third, FullNet offers 24/7 live phone and email help desk outsourcing for companies that want round-the-clock customer support without in-house staffing. FullNet also has a legacy retail internet access business in Oklahoma, but this is shrinking as customers migrate to other broadband providers. FullNet generates recurring revenue across all three core services, and its strategy is to grow revenue by leveraging its fixed-cost infrastructure base. The company has only 15 employees and trades on the OTC Pink Sheets under the ticker FULO.

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