Bernie,
When you realize that BelSouth indeed paid over 2 Billion dollars
just for the Sao Paulo area in Brazil, and that they paid over
150 dollars per POP as opposed to NXTL's price of I think 4.7
dollars per POP for the whole nation of Brazil (and doesn't Rio
have even more people than Sao Paulo?), the numbers look pretty
good. Remember BelSouth paid this much for the licenses only.
I spoke with Paul Blalock of Nextel today and he told me that
Brazil, Argentina, Mexico will all be "turned on" in the middle
of next year. And Arnie, to answer, your question, NXTL has won
all rights for using its technology in Brazil (i.e. there are
no restrictions). If the Sao Paola license alone was valued at
over 2 Billion, one has to wonder what the U.S.license would be
valued at by a major player. Time will tell.
Cheers,
M.V. BABER
Bicentennial Bookshop |
