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Cobalt Announces Appointment of Steve Burks to Market Managed Broadband Services to the Riviera Maya

Company Assumes All Responsibility for Resorts’ Broadband Networks, Including Equipment and Installation Cost

CHICAGO, June 15, 2017 (GLOBE NEWSWIRE) -- Cobalt Holdings, Inc., a Managed Services Broadband Provider that provides fiber-optic network, wireless and Wi-Fi services to the hospitality industry in Cancun’s Riviera Maya, today announced the appointment of Steve Burks to its senior management team.

Steve Burks
Steve Burks - Senior Advisor, Resort Marketing


A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/02a8967e-d526-41a2-963e-b63c66ec67bb

Steve Burks joins Cobalt Holdings as Senior Advisor - Resort Marketing, for Cobalt’s Mexico operating subsidiary, Cobalt Broadband Services S.A. DE C.V. Burks has 25 years of resort experience in leadership roles with Marriott, Disney and Bluegreen.  He also has marketed to resorts in the Mayan Riviera with his own marketing company and on NBC’s “Today Show” and many other media outlets.

“I am very excited to bring Cobalt’s value proposition to a region that has limited broadband connectivity,” Burks said. “In particular, we are providing ‘guaranteed bandwidth’ to the area’s more than 500 hotels and resorts with more than 200,000 rooms. We are the only provider that will design, build, maintain and, most importantly, finance each resort project – in exchange for a small per-room per-day charge.”

“We have worked with Steve in the past, and he is a proven performer, with deep industry contacts in the region,” said Larry Malone, President of Cobalt Holdings, Inc. “Our objective is to bring world-class Managed Broadband Services to the region, including completing a dedicated fiber-optic network with international connectivity to the rest of the world.”

About Cobalt Holdings

Cobalt Holdings, Inc. is a privately held broadband development Company, with headquarters in Lake Bluff, Illinois. Through its Mexico operating subsidiary, Cobalt Broadband Services S.A. DE C.V., the Company provides fiber-optic network, wireless and commercial-grade Wi-Fi services to the hospitality industry in Cancun’s Riviera Maya. Company management has more than 150 years of combined telecommunications experience in emerging markets around the world. For more information, go to: www.cobaltholdings.net.

Contact:
Phil Allen
Cobalt Holdings, Inc.
101 Waukegan Rd., Suite 600 
Lake Bluff, IL 60044
303.898.0625
pallen@cobaltholdings.net

www.cobaltholdings.net

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