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Re: Danielle- post# 50686

Thursday, 11/09/2006 3:38:38 PM

Thursday, November 09, 2006 3:38:38 PM

Post# of 157300
From the September 20th PR:

"GlobeTel expects, in October, to begin to sign up customers and to provide those customers with access to an initial portion of the network, covering a specific geographic area. During this initial phase, GlobeTel will closely monitor the network's capacity and stability and, once satisfied, will provide customer access to additional areas of the network based upon demand. GlobeTel expects that it will be able to give customers access to the entire network, encompassing all network access points in the city, within approximately 60 days. Once the network is fully accessible, customers who subscribe to both the broadband and voice service will be able to access their account, surf the Web or place a voice call within any part of the city and to anywhere in the world, at low cost, over GlobeTel's VoIP network.

The Company continues to build out HotZone wireless networks in the German cities of Kaiserslautern and Erfurt. It expects to begin marketing these additional networks to customers following the full activation of the Heilbronn network."

With Klaus Bonn fired I am wondering if the customer sign up/network performance is not going as well as they had planned. Hopefully we'll hear a progress report next week on all ongoing projects and when we can expect them to start producing.



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