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Been out of NEOM for awhile ... nice little move today ... what's up???
saw this on a non-MOBL related board
Sprint, Clearwire to build national Wi-Max network
NEW YORK — Sprint (S) and Clearwire (CLWR) are forming a new company to build a nationwide "WiMax" wireless network, with the goal of offering advanced wireless Internet services to millions beginning next year, people with direct knowledge of the situation say.
Google, Intel, Comcast and Time Warner also are major investors. Under terms of the $3.2 billion collaboration, Sprint and Clearwire will form a separate, publicly traded company — called Clearwire — to oversee the nationwide buildout. Sources declined to be identified because the deal has yet to be formally announced. That could happen as early as Wednesday.
WiMax is akin to Wi-Fi in that it offers speedy surfing. But WiMax covers a much larger area. Sprint and its partners plan to blanket the USA with WiMax, turning the core of North America into one, big hot spot.
WiMax is one of several technologies vying to be the next way to connect to the Internet on the go. A WiMax transmitter, typically located on a cellphone tower, can provide a relatively fast Internet connection over more than a square mile.
Sprint and Clearwire will contribute WiMax spectrum, the others cash. Comcast will contribute $1.05 billion; Intel, $1 billion; Time Warner Cable, $550 million; Google, $500 million. Two other investors, Bright House Networks and Trilogy Equity Partners, will contribute $100 million and $10 million, respectively, these same people said.
The advent of a nationwide WiMax network is sure to rattle the status quo in the U.S. wireless industry, now dominated by AT&T and Verizon Wireless. According to people with direct knowledge of the plans, "open access" — meaning you can use any compatible device — will be a bedrock of the new network. Likewise, all Web applications — from e-mail to video streaming and gaming — also will be supported.
As envisioned by the companies, WiMax construction will be fast. By 2010, the group hopes to have WiMax services available to about half the U.S. population.
For Sprint, which has struggled with customer losses, the deal underscores its commitment to WiMax. CEO Dan Hesse spearheaded the effort for this industrywide collaboration.
WiMax raises the game of Comcast and Time Warner Cable. Neither has had a credible wireless strategy. Under the terms of the deal, they will buy WiMax services wholesale from Sprint.
Intel, the No. 1 chipmaker, is a big backer of WiMax. It previously invested $600 million in Clearwire. Google is pushing hard into wireless via its new wireless operating system, Android.
do i hear .01
Fair enough stock doc ... I hear what u r saying and I respect your responsibility to monitor the board. I just think Jay was less than honest when things took a turn for the worst, so shares wouldnt get dumped until the last second possible and disrupt his little kingdom, and we were left holding the bag.
I realize their is a huge risk in this type of stock, and I didn't lose near as much as alot of people. I have given him the benefit of the doubt, that this was an attempt to do something real. But the way things were handled leaves alot to be desired in my mind.
I see our ginormous move to .0030 has reversed .... hahaha
maybe jay will humor us with a pr
z do I detect just a wee bit of sarcasm?
crash and doc - thanks for the input - just trying to put the puzzle together
So without the sale of CLEC, how does MOBL pay off YA Global debt?
At least we have a little news here. There has been so much a mish mash of stuff, trying to remember how this will effect cornell situation.
I only need .12 pps to break even ... hahahaha maybe in 20 years or so
I agree ... who's on first???
With Jay its just like always ... something just around the corner ... a week ... a month. This guy is supposed to be some kind of player?! sheesh.
what Jay really means is "I hope we can afford a box of donuts for the next staff meeting ... hey I know ... lets issues some more shares"
Its just kind of a long slow slog isn't it ... I appreciate the humor you interject at times!
I was hoping for some packets of secret sauce, wait, that's Mcdonalds!
Interesting - you see over 5 million shares trading hands and think something is up, but then you realize thats only about 14,000 - 15,000 dollars
Begs the question ... why can this little company make it work whem MOBL couldn't?
you and me both - long way to go to break even my friend
roger - I would tend to agree
you and alot of the rest of us ; )
Just weird to see it up at all, is this a dream, or is it really 2AM and I had too much pizza
omg it actually hit .0038
probably just a little bump based on the info posted earlier
hahahaha I should have sold for .0045
Must be having a cold front in hell this morning! And I believe a pig just flew by my window.
I just about can't bring myself to read it. Then again, how much worse can it get.
Don't get me wrong guys, I am long on this and need a bunch of good news to get even. Just seems curious ... just a genuine comment. No agenga and not a basher.
What I find strange is how the share price has drifted up on low volume (considering the price per share) and basically bad to no news. Very odd....
Thanks guys for jogging my memory ... it was 2 separate deals. Interesting.
Given Jay, MOBL and Tobin ... I hate to say it, but yes, I think they will find some way to make it worse. Sure 'ol jay is getting his paycheck though!
I just heard on the news that sprint and clearwire are again looking at a joint venture, while MOBL just basically continues to die. Jay and Tobin are either the two dumbest men on the earth, or the two most crooked men on the earth. I wouldn't let Tobin advise me about purchasing a toothbrush, and I wouldn't let Jay clean my toilet.
I missed this ... the news just gets better and better. I think the rats are leaving the ship!
23-Jan-2008
Change in Directors or Principal Officers
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 18, 2008 Christopher W. MacFarland resigned as a director of the Registrant ("Mobilepro") due to the pending sale of McLeodUSA, in which Mr. MacFarland serves as Group Vice President and Chief Technology Officer, to PaeTec Communications, a telecommunications provider and potential competitor of Mobilepro, in which he is likely to be an officer. Mr. MacFarland's resignation is to be effective on January 31, 2008. On January 17, 2008 Martin Gray, President of ProGames Network, Inc., an Internet gaming subsidiary of Mobilepro, resigned to pursue other interests. Jack W. Beech, Jr., now Chief Technology Officer of ProGames, and formerly President of our first ISP subsidiary, DFW Internet Services, Inc., which we acquired January 22, 2004, will assume his duties as President of ProGames.
un-be-freakin'- lieve-able
Well I was training this wekend and just saw the glorious news about MOBL ... how about an open at .0001
actually I would do that at about .12 ;)
at .54 I would probably just faint fron sheer joy
Rob ... error free for the last 30 seconds or s... wait ... have to start over 1 ... 2...3....
oh my gosh something approaching real news
It appears the MOBL nightmare continues ... this has certainly been an education ... an expensive one, but one nonetheless