"McCaw has invested in several high-risk ventures and he can afford to lose it all. Can you?"
Yes, but he won't and neither will I. This company could be sold in a New York second for more than its current market cap.
I don't know anything about the # of simultaneous phone calls per cell site. Is there anyone else on this thread with the technical know-how who can address this issue? Let's see, you say 3000 simultaneous phone conversations is max per cell site. IOW 6000 people. Now is that analog or 3:1 iDEN tdma? And NXTL now has over one million iDEN customers. Gosh, they must be almost out of capacity. NOT!
But for now let's take your numbers. NXTL had 2,400 cell sites in June and they have 3,600 more planned. (Of those, as of June 3,050 were already zoned and 3,300 were leased.) Again as of June, they expected to have 4,500 cell sites by the end of 1998. Those numbers have probably increased since then. In other words, by the end of 1998, NXTL will have a theoretical limit of 13,500,000 simultaneous calls if all cell sites are maxed out. When all 6,000 cell sites are installed, the max increases to 18 million. Since each call requires two parties, double those numbers (or is that what "full duplex" means?). And how many customers would NXTL have to have to even approach these capacity numbers? Double or triple that amount? Or more? Ney, there's plenty of capacity in NXTL's system. Now how much money would a buyer pay for a little ol' company with such limited capacity? If this is cheesy, please pass the cheese. ADVANTAGE NEXTEL.
Nice try though.
Arnie |
