Access Media 3 CEO Rediger Selected for Entrepreneurial Excellence Award
The Daily Herald Business Ledger has named Scott Rediger, CEO of telecom provider Access Media 3, as an honoree in the business growth category of the 2011 Entrepreneurial Excellence Awards. Access Media 3 is a leading provider of triple play bundled tv/internet/phone service to MDU buildings in Chicago, Minneapolis/St. Paul, and South Florida, and has been named to Inc. magazine's 2011 500 list.
- Chicago, IL (1888PressRelease) August 25, 2011 - Scott Rediger, CEO of Oak Brook-based Access Media 3, has been recognized by the Daily Herald Business Ledger with an Entrepreneurial Excellence Award. Rediger is being honored for the dramatic growth of his telecom service company, which has become a leading provider of "triple-play" (TV/Internet/Phone) services to multi-dwelling unit buildings since its launch in 2007. AM3's growth also qualified the company for a spot in the Inc. Magazine 500 list, the only Illinois telecom company to qualify and the ninth-ranked telecom company on the list nation wide. Rediger will receive his award from the Daily Herald Business Ledger at a dinner on September 22 at the Danada House in Wheaton.
Rediger's model of value, service and flexibility has driven AM3's sales from nearly zero to almost $20 million, and enabled the company to expand into new markets in 2011. The triple play services that AM3 bundles are custom-tailored for apartment owners, condominium associations, off-campus student housing, senior living, and other multi-tenant residential environments. Satellite television is provided through AM3's partnership with DIRECTV, which last year awarded AM3 its Year-to-Year Growth Award and named Rediger to its MDU Board of Advisors. The success of AM3's model is reflected in its dramatic growth: AM3 is the largest non-franchised triple-play provider in the Midwest, with almost 35,000 subscribers in more than 300 buildings in the Chicago and Minneapolis/St. Paul areas. In June 2011, the company took another expansion leap with the acquisition of Peoples Choice cable in Boca Raton, Florida, nearly doubling AM3's addressable market and adding 7,000 new subscribers in approximately 180 additional buildings in Southeastern Florida.
Rediger's entrepreneurial ethic has deep roots. Prior to launching AM3, Rediger co-founded and developed Ovation Communications, a competitive local exchange carrier business offering facility-based local, long distance, and data services to medium and large sized businesses in the metropolitan areas of Chicago, Minneapolis/St. Paul, Milwaukee and Detroit. While leading Ovation, Rediger was
awarded a coveted 40 Under 40 award by the Twin Cities Business Journal in 1999. In just two years, after achieving incredible growth and success, Ovation Communications was sold to McLeod USA (in 1999) for $402 million.
Rediger has used his experience to drive rapid growth at AM3 while competing in the residential bulk television, internet and voice services segment, against long-established stalwarts like Comcast, AT&T, Qwest/Centurylink, and RCN. Rediger's vision to offer flexibility and customized products to building owners gave AM3 the foothold to compete against these franchised incumbents.
"This award is a tribute to the success the AM3 team has had in addressing our customers' needs and surpassing expectations," said Rediger. "We may grow rapidly through acquisitions, but it will be our passion for customer satisfaction that will keep us competitive for the long haul."
About Access Media 3
Access Media 3, headquartered in Oak Brook, Illinois is one of the leading providers of comprehensive digital media and telecommunications solutions (triple play media services) including design, installation, maintenance, and management services for multi-dwelling units. Led by a team of industry veterans, Access Media 3 prides itself on offering flexible tailor-made solutions through strong project management and property- specific solutions based upon wiring and technology needs. Its satellite television is provided through its account partnership with DIRECTV, which in 2010 awarded Access Media 3 its Highest Year-Over-Year Growth Award. Visit www.am3inc.com for more information.
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