World Surveillance Group Inc (fka WSGI)

[buckysabi]

Can Sprint's WiMax Alliance Last?

No mention of Globetel, but an interesting article regarding WiMax. Lots of talk and work being done by the major telecom players.

http://www.businessweek.com/technology/content/mar2008/tc20080326_823091.htm?chan=technology_technology+index+page_telecom

"It's crunch time, yet again, for Sprint's troubled next-generation wireless network—and the unlikely collection of on-again, off-again partnerships the company needs to get the technology off the ground.

Google and the nation's two biggest cable TV companies are among the investors finalizing negotiations to provide up to $2.5 billion for Sprint and a smaller wireless provider named Clearwire to build the nationwide network, according to a source close to the talks. "The deal is about 90% done," but could fall apart at the last minute before a planned Apr. 1 announcement, this person says.

The proposed alliance with Comcast, Time Warner, and a smaller provider called Brighthouse Networks would revive the cable industry's soured relationship with Sprint, whose financial travails have forced it to find more backing for the new network based on a Wi-Fi relative called WiMax......"