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Technology Stocks : Broadband Wireless Access [WCII, NXLK, WCOM, satellite..] -- Ignore unavailable to you. Want to Upgrade?

To: SteveG who wrote (927)	12/3/1999 10:27:00 AM
From: DubM	Read Replies (1) \| Respond to of 1860

WEAKNESS CREATES BUYING OPPORTUNITY IN NXLK SHARES Wonder if Mr. Hodulik realizes that NXLK is currently valued at roughly 500 million more than the COMBINED values of WCII, TGNT and ARTT? Regards, Dub

To: SteveG who wrote (927)	12/9/1999 2:56:00 PM
From: MangoBoy	Read Replies (1) \| Respond to of 1860

[Wispra Networks Venture for Broadband Wireless Licences Throughout Canada, Signing of Shareholders Agreement With TD Capital and NEXTLINK International] Wispra Networks, Inc. announced that it has submitted its completed broadband wireless 24/38 GHz spectrum licence documents and initial licence payment to Industry Canada following being named provisional winner of six fixed broadband wireless licences. The licences cover 14.3 million population in Toronto, Montreal, Vancouver, Ottawa, Edmonton, Calgary and surrounding areas. Wispra Networks also announced the signing of a shareholders' agreement between TD Capital Group, a leading Canadian private equity investor in the communications and media industry; NEXTLINK International, Inc., a subsidiary of McLean, Virginia-based NEXTLINK Communications, Inc.; and Wispra Inc., a long-time participant in Canada's broadband wireless marketplace. Wispra Networks anticipates the filing of the licence documents and payments of the balance of licence fee will result in Industry Canada officially issuing licences for the spectrum early next year. Wispra Networks will pay a total of $74 million ($50.1 million in US dollars) for 400 MHz of spectrum in the six market areas. The broadband wireless licences won by Wispra Networks are located in the 24 GHz band and will be used to facilitate the deployment of broadband wireless services and to further the Canadian Government's objective "to place Canada in the forefront of the information revolution by making Canada the most connected nation in the world." "We're pleased to have joined Wispra Networks in this initiative and believe that TD Capital brings a unique understanding of the Canadian telecommunications marketplace," said David McCann, Managing Director of TD Capital. "We have a longstanding institutional relationship with NEXTLINK and believe this initiative will help shape the manner in which businesses in Canada participate in the telecommunications revolution." "We are very committed to successfully using fixed wireless as a robust broadband access technology both in Canada and in the United States," said NEXTLINK Chairman and Chief Executive Officer Dan Akerson. "NEXTLINK expects that Wispra Networks will be a very strong competitor in Canada." NEXTLINK is the largest holder of broadband fixed wireless licences in North America, holding 82 licences that cover 95 percent of the population in the top 30 markets in the United States. The company began field trials of both point-to-point and point-to-multipoint service in Los Angeles and Dallas in September of this year. "The promise of broadband wireless services will now become a reality in Canada," said Joe Church, president of Wispra Networks. "Wispra Inc. was among the pioneers in broadband wireless services in Canada and is proud to be among the first to successfully participate in this historic auction." Wispra Inc. was founded in 1997 by Joe Church and associates to provide broadband telecommunications services in Canada using emerging wireless telecommunications technologies on new radio frequencies above 20 GHz.