Infrax Systems Inc (IFXY)

[1971]

Oh you mean like this one (of MANY)

INFRAX SYSTEMS (IFXY) Announces Next Phase of Gemini Wireless Project
Trimax Wireless Now Known as Infrax Networks
ST. PETERSBURG, FL--(Marketwire - July 6, 2010) - INFRAX SYSTEMS, Inc. (OTCBB: IFXY), a global provider of unified Smart Grid-related products and services for the Energy and Utility industries, today announced that Infrax Networks received the initial payment for the second phase of network deployment for their service provider customer in Nigeria.
This network was designed and deployed utilizing the TMAX™ wireless broadband platform exclusive to Infrax Networks. The first phase included US$1.5 Million in equipment and infrastructure, including the initial Tier 1 towers providing the backbone of the city-wide wireless broadband network. The Initial phase was completed in May of this year. Additionally, the network has been outfitted with solar power systems designed and built by Infrax Networks providing autonomous off-the-grid power for all tower locations. This network will deliver reliable high speed internet service and low cost telephone service to the entire region which is experiencing exponential internet subscriber growth.
This initial installment of US$386,000 is part of the projected US$2.5M for the second phase deployment of the infrastructure required to complete the first of three major metropolitan markets in Nigeria that will be deployed over the next 16 months.
For the second phase of deployment, Infrax Networks will add the next tier of base stations throughout the region, including their new LTE base stations. The LTE base stations will allow their customer to expand their service offerings to include IPTV for a true "Triple-Play" service capability. The addition of IPTV represents a projected US$6 Million in equipment. The complete project will cover three of the four largest metropolitan areas in Nigeria and reach 60% of the 180 million people living there.
The estimated value of the entire Nigerian project, including CPEs (Customer Premise Equipment) is approximately US$60 million at completion.

http://www.marketwired.com/press-release/infrax-systems-ifxy-announces-next-phase-of-gemini-wireless-project-1285786.htm