First large-scale Wi-Fi/WiMAX in Brazil valued at $1.2 billion

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PhoneBrasil International Inc. and CityNet Wireless (Tacora) have announced that both parties have finalized, dually signed, and executed the agreement for the first large-scale Wi-Fi/WiMAX platform in Brazil.

According to a company spokesperson, “Our European director of market development, Richard Alain Granier, orchestrated the negotiation and execution of the agreement by Anderson Dias, CEO of PhoneBrasil, and Jeffrey Spence, CEO of CityNet Wireless (Tacora). PHBR, who has already initiated governmental approvals, will be in charge of all the administrative work, i.e., traffic of minutes and licensing in Brazil. CityNet will be responsible for the platform/system and towers.”

Anderson Dias stated, “The parties will utilize their resources and efforts in designing, establishing and managing a number of wireless broadband service networks in the form of a wireless telecommunications company in the Federal Republic of Brazil. CityNet Wireless (Tacora) manufactures and installs certain communications systems and related antennas, routers, devices, programs, and equipment, including systems and equipment that permit and facilitate wireless broadband access to, and wireless broadband utilization of, the Internet.”

The new Wi-Fi/WiMAX network will literally cover most major metropolitan cities, areas, states, and territories of Brazil. This new untapped technology will give new subscribers, and already existing PhoneBrasil customers, the ability to connect their computers, laptops, VoIP networking devices, and Hybrid cellular dual-mode communication interfaces anywhere, when this large-scale Wi-Fi/WiMAX platform is available.

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© 2012 Penton Media Inc.


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