PhoneBrasil International Inc. has announced an agreement with Atlanta-based CityNet Wireless to build the first large-scale Wi-Fi platform for all of Brazil. This two-year project is estimated by both CityNet and PhoneBrasil to be worth $1.2 Billion.

Anderson Dias stated, "One of our shareholders, our European director of market development, Richard Alain Granier, has facilitated this entire agreement between PhoneBrasil and CityNet. Having already received the approval from both party's legal counsel, final agreement will be signed and in place next month. This Wi-Fi network will literally cover most major metropolitan cities, areas, states, and territories of Brazil. 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."

Furthermore, this new untapped technology will give to 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 platform is available.

Using the appropriate combination of unlicensed and/or licensed spectrum, CityNet Wireless' networks are delivering on, or exceeding, the promise of WiMAX today. With the industry's largest coverage area, thousands of satisfied customers, and wireless projects deployed around the world, CityNet Wireless is the leader in real business and residential grade wireless communications services.