China Wi-Max Communications Announces Major Access to Beijing Buildings for its Broadband Service

(Business News & Technology News, 3 Dec 2009)

China Wi-Max Communications Inc. announced the signing of an agreement that provides China Wi-Max with "most favored nation" access to over 1,400 commercial buildings in Beijing for its enhanced broadband services. Minfang is a privately held, licensed telecommunications transport company that currently provides transport services to the largest telecommunications companies in Beijing.

The "most favored nation" provision allows the Company to pay the most competitive rates for immediate access and utilization of Minfang's fiber transport services.
In addition to pricing, this agreement also solves the crucial telecommunications challenge of "last mile" access. Customers in 1,400 Beijing buildings will now have direct access to China Wi-Max's enhanced broadband services. The "last mile" is the final hurdle to be overcome by any new broadband services company in delivering connectivity from a communications provider to customers.

"Earlier this month, we lit our fiber ring in Beijing, and now we have enhanced and significantly expanded our ability to provide cost-effective service to customers at both the retail and wholesale levels," observed Steven Berman, Chief Executive Officer of China Wi-Max Communications, Inc.

Chairman Allan Rabinoff added that "this opportunity provides us with the ability to competitively meet the ongoing demands of China's new generation of commercial customers."