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September 9, 2005

Japan Broadband Wireless Network JV

GlobeTel Communications Corp. announced that its subsidiary, Sanswire Networks LLC, has signed a Letter of Intent with Kashiwabara Token Corporation of Iwakuni City, Japan, to enter a joint venture in the establishment of a terrestrial ground-based wireless broadband and communications system, a prelude to the deployment of the Sanswire Stratellite Airship broadband network in Japan. Kashiwabara Token Corporation holds a controlling interest of a major cell phone system in the Hiroshima and Yamaguchi prefectures as well as the ICAN Cable television system in Japan.  

Bob Jones, President of Sanswire LLC, said, “The key to this relationship is that Kashiwabara Token Corporation already has the cellular and cable infrastructure that enables us immediately to deploy our ground-based broadband wireless system that is designed to seamlessly integrate with the Stratellite. The location of Iwakuni City is a perfect starting point for Japan with U.S. Marines stationed at Iwakuni Marine Corp Air Station, who also will benefit from our wireless broadband system.”

“I am very excited about the advanced wireless technology that Mr. Bob Jones, President of Sanswire, has brought to our company. GlobeTel Communication Corporation’s advanced wireless technology and Stratellite airship will enable us to connect the whole of Japan in the near future. My vision is to connect all of Japan wirelessly and work together as a partner with GlobeTel to connect with the rest of the world,” stated Mr. Shinji Kashiwabara, President of Kashiwabara Token Corporation and its subsidiary.

Full text via: BusinessWire

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