SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : CellularVision (CVUS): 2-way LMDS wireless cable. -- Ignore unavailable to you. Want to Upgrade?


To: James Fink who wrote (1053)2/7/1998 11:01:00 AM
From: Steven Bowen  Respond to of 2063
 
"Why did US Wavelink, WebCel and Zip Telecommunications pack up their tents? My recollection is that they were actively involved in the regulatory proceedings leading up to this point."

My guess would be for the same reason that CVUS did.

They were probably looking for some big money backers to partner with and couldn't find any. Didn't want to go hundreds of millions into debt with cash flow at least five years away.