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Stream in receivership; questions arise about viability of high-frequency wireless

News | 03/05/2002 5:00 am EST
The long-term viability of high-frequency and LMCS-type services is in serious doubt now that an important 38 GHz spectrum holder has been forced into receivership by one of its financial backers (RoW Update, Feb. 26/02). On February 25, GE Capital Canada pulled the plug on further financial support for Stream Intelligent Networks Corp., and went to court to force the Toronto-based company into receivership.

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