Joan and Vartan, it looks like you have an interesting find with Winstar. I can see how we could use the technology ourselves to get higher bandwidth for our internet connection.
Some additional tid-bits:
On 9/7/95, Nathan Kantor was named president and COO of Winstar. His resume includes President of MCI International. Most recently, he was president of a consulting firm that specializes in the development of emerging telecommunications firms.
About 4-5 years ago when the cellular market became hot, a company called Fleet Call owned rights to a large portion of the frequency spectrum that was traditionally used for cab dispatchers. When it became apparent that the frequency range could be used for short-distance cellular phones, the stock price rocketted to a market cap of over $1 billion (from a few hundred million) in a short period of time, primarily based on the value of it's licenses.
Similarly, the 38-GHz frequency can only be used over short distances (less than 5 miles), and must have a clear site; in many metropolitan area, this poses no problem. The exclusive rights to this range of the spectrum could be extremely valuable.
The exploding demand for commercial connections to the internet and other electronic avenues (such as video conferencing) won't subside any time soon.
I haven't seen the financials yet, so I can't comment on the market valuation,
We will add WCII to Silicon Investor with a batch of other new additions, hopefully by the end of the month.
- Brad |