Hey Q Holders and anyone else interest in the CDMA wireless future, here's another in a series of companies that is addressing the PCS issue in South America......almost like another LWIN.
Here's a part of a press release from April 23, 1999 on what's going on so far:
BCI owns a 35.3 percent interest in the consortium and is joined by WLL International Inc. (35.3 percent), Qualcomm Incorporated (16.6 percent) and the Liberman Group of Argentina (12.8 percent).
In January of 1999, the same consortium, acting under the name "Canbra Telefonica", won the license to provide service in the Northeast region of Brazil, which is contiguous to Sao Paulo State, and is home to almost 90 million people. The addition of Sao Paulo gives the consortium a combined licensed territory with approximately 125 million residents, including the cities of Greater Sao Paulo, Greater Rio de Janeiro, Belo Horizonte and Salvador. These two territories form the equivalent of the world's ninth most populous country and ninth largest economy. The consortium plans to service the area primarily via state-of-the-art fixed wireless access technologies capable of providing a range of switched or internet-based services.
Looks like a long-term success story may be developing here.
metman |
