Replies to post #70665 on World Surveillance Group Inc (fka WSGI)

[risk_it_us]

I agree with that dude, "existing funding channels" ??????
The only funding channels they've ever had was ....well you know.

[Gordy]

howwierd _ Agree, what are the existing funding channels? Must have some funds available or would the hotzone units (70) be their part of the JV start up? Interesting to see this build out in the next 6 months.

Were there other pilots in Mexico, one in Mexico City and one in Monterrey? Could they be next in the build out or is it a one city at a time approach?

Gordy

[siriuslyricher]

Besides Centerline, perhaps AnyWhereCaller is expected to contribute to the bottom line (of note in the article cited by Texas Star re the IPO: "MetroPCS has enjoyed fantastic subscriber growth -- the company counted 2.9 million customers at the end of 2006, representing a 53% yearly increase. By the end of March 2007, subscriber counts had risen to 3.4 million.")

By: ordnryprsn0
05 Apr 2007, 05:53 PM EDT
Msg. 223404 of 223479
This msg. is a reply to 223388 by Texas_Star.)

I emailed the anywherecaller support staff (address on their website) to ask whether they were available in my area (I knew they were not because I don't live in either of the two original MetroTel PCS markets, i.e. the Dallas/Fort Worth Metroplex with more than 5.8 million people, and the Detroit metropolitan area, with over 5.4 million people). Here is the reply I received in less than 2 minutes:

Dear XXXX,

Thank you for your interest in AnyWhereCaller.

Unfortunately at this time the service is not available in XXXXX.

Please stay tuned as we plan on opening new markets in the future.

Regards,

The AnyWhereCaller Team

By: Texas_Star
07 Apr 2007, 07:31 PM EDT
Msg. 223461 of 223478
This msg. is a reply to 223388 by Texas_Star.)

Have you connected the "dots" yet?

Read GTEM's January 16, 2007

PR (http://investor.globetel.net/phoenix.zhtml?c=67726&p=irol-newsArticle&ID=950530&highligh....

on their new trademarked "AnyWhereCaller" plan and then read this:

MetroPCS Prepares to Float

By Dave Mock
April 5, 2007

MetroPCS is gearing up to be 2007's largest IPO to date. The wireless-phone service provider announced intentions to sell 50 million shares for $19 to $21 apiece. If all goes well, the offering will raise roughly $1 billion, higher even than the $600 million that Clearwire's (Nasdaq: CLWR) IPO raised in early March.

The company itself will sell 37.5 million shares, in hopes of netting $713.3 million. The rest of the shares will be sold by a long list of existing stockholders, many of them venture funds and individuals.

Like competitor Leap Wireless (Nasdaq: LEAP), MetroPCS is one of the United States' many regional wireless carriers. The company offers service in several markets already, including Miami and San Francisco, but it needs more funds to build out its network in newly licensed markets such as Los Angeles, Las Vegas, and Boston. MetroPCS recently took on significant debt to pay roughly $1.4 billion dollars for licenses in several new major markets.

MetroPCS offers unlimited talk plans without requiring customer contracts. These regional plans have proved very popular with wireless users, stealing many customers away from bigger national rivals such as AT&T's (NYSE: T) Cingular, Verizon Wireless (a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD)), and Deutsche Telekom's (NYSE: DT) T-Mobile. MetroPCS has enjoyed fantastic subscriber growth -- the company counted 2.9 million customers at the end of 2006, representing a 53% yearly increase. By the end of March 2007, subscriber counts had risen to 3.4 million.

MetroPCS will likely get a warm reception from Wall Street. Leap, which grew revenue 24% last year, has shown that flat-rate pricing strategies translate into high growth. Investors have reacted to Leap's growth with open arms, sending the company's shares up more than 59% in the last year alone.

That said, top-line growth must be met with profitable operations to keep debt from spiraling upwards. With $2.6 billion of long-term debt on the books, MetroPCS can't afford to strap on much more debt anytime soon. If it continues to grow operating cash flow as it has, though, it may not have to.

http://www.fool.com/investing/general/2007/04/05/metropcs-prepares-to-float.aspx

Hmmmmmmmmmmm!!!!!!!!!!!!