Universal Broadband Networks (UBN) is an emerging facilities-based integrated communications carrier using DSL technology to offer broadband data and voice telecommunications services. The Company’s offerings include ADSL, SDSL, IDSL, wireless connectivity and traditional dial-up as well as local exchange service and long distance, and in the future, VoDSL. The Company’s target customers are small and medium-sized businesses, multiple dwelling units (MDUs), multiple tenant units (MTUs), and high-end residential customers. UBN intends to lead with a "DSL first" strategy to capture customers and then market its voice services.
In July 2000, Universal Broadband Networks changed its name from IJNT.net, Inc. and consolidated its ISP, wireless ISP, and CLEC businesses under the UBN name along with changing its ticker symbol to NASDAQBB: UBNT. In August 2000, the Company terminated the operations of its Web design subsidiary. In October 2000, the Company voluntarily halted trading of its stock after its failure to secure financing. UBN management is uncertain about its ability to continue operations.