This is from the annual report:
Wireless One Reorganization Proposal. Wireless One is the largest MMDS
multichannel video service provider in the southeastern United States, in terms
of subscribers, with operations in 38 markets serving approximately 104,000
multichannel video subscribers. Wireless One also operates high-speed wireless
Internet access businesses in Jackson, Mississippi, Baton Rouge, Louisiana and
Memphis, Tennessee, and, according to public filings, controls MMDS and WCS
channels rights and BTA authorizations in 80 total markets covering
approximately 7,000,000 LOSHH. As of March 31, 1999, the Company owned an
approximate 21% equity interest in Wireless One.
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