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[QUOTE]Originally posted by Jelly Bean: [QB] Sanswire, GlobeTel Partner on Stratellites for South America Market Jan 28, 2005 (AIRLINE INDUSTRY INFORMATION via COMTEX) -- Sanswire Networks, a wholly owned subsidiary of GlobeTel Communications Corp., today said it has teamed with Dynamic International Neworks to build and launch stratellites throughout South America. The joint-venture agreement with Orlando, Fla.-based Dynamic International, named Sanswire Peru, calls for the first stratellite to be launched over Lima. It will provide wireless services to the Peruvian capital and surrounding areas, including wireless broadband, VOIP telephony and video. Communications operations in Peru will be handled by Dynamic's affiliate, Beacon Supply Comunicaciones S.A. of Lima. Sanswire will handle all matters associated with the stratellite. Funding for the project will be provided by Dynamic International in conjunction with its local foundation partners. "We knew our expansion into South America would be an important part of the company's growth. This agreement will significantly expedite that process," said Michael K. Molen, chairman of Sanswire Networks. "Not only will we launch a stratellite in Peru, but our partners have plans to expand into all parts of South America. Because of the limited infrastructure in that part of the world, the stratellites are a perfect solution." A stratellite is similar to a satellite, but is stationed in the stratosphere rather than in orbit. At an altitude of only 13 miles, each stratellite has clear line-of-sight to an entire major metropolitan area. Proposed telecommunications uses include wireless broadband, cellular, 3G/4G mobile, MMDS, paging, fixed wireless telephony and HDTV. [/QB][/QUOTE]
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