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Thursday, 03/09/2006 7:53:17 PM

Thursday, March 09, 2006 7:53:17 PM

Post# of 157300
geez..was beginning to think IHub had server prob---where is everybody? Had to get my p.m. "GTE-fix" from RB (first time---big waste; if you haven't tried it, you just don't know how good our little neighborhood is here---though nilremerlin slammed over there today re: his post#17161 here (this post highly unusual for our merlin---and someone made the most of it to trash the "supposed superiority" of our board. LOL--nothing supposed about it....

Only thing of int on RB today thus far (msg 151461)
3/6 Russian news---translated----but couldn't get link to open to verify (where have you been Moal?????????????):
"OOO Of "internafta" transferred to the later period the realization of first transha of financing the company GlobeTel for the beginning of works on the building of network WiMax in Russia
MOSCOW, on 6 March. /pra1m- TASS/. OOO Of "internafta" transferred to the later period the realization of first transha of financing the company GlobeTel for the beginning of works on the building of network WiMax in Russia. This it is discussed in the communication GlobeTel.

The completion of transaction on the assignment of first transha was planned on 2 March; however, this it was not made because of, connected "with the internal bank graph". It is assumed that this operation will be realized during the week.

As previously reported Pra1m- TASS, the American telecommunication company GlobeTel together with OOO Of "internafta" of /Moskva/ they plan to build wireless high-speed communication network on the basis of technology WiMax in 30 Russian cities.

OOO Of "internafta" is created with the group of Russian investors specially for the realization of this project.

From the sum total of 600 million dollars, which "internafta" it plans to invest into the project, first 150 million dollars there will be vyplacheny of the company GlobeTel to the end of January as the deposit. Then, when the degree of the readiness of networks in each of three groups of 10 it is municipal it will reach 50 per cent, "internafta" will carry out payment in the size of 75 million dollars.

Further, after reaching of the readiness of network in each of three groups it is municipal at the level 95 per cent, GlobeTel will be obtained by 75 million dollars for this group it is municipal.

When each of their three groups it is municipal it will reach 95 per cent of the readiness of networks, GlobeTel will obtain 6 payments on 75 million dollars each plus right for the enrollment to its calculation of the initial deposit of 150 million dollars.

Works on the development of networks it is planned to begin on 1 April, 2006.

06.03.2006 12:30

http://bit"dot"prime-tass"dot"ru/news/show"dot"asp?id=37226&topici...



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