An Alaska Native regional corporation is making its first venture into the wireless market with an $80 million investment.
Together, Cook Inlet Region Inc. and T-Mobile USA were the high bidders on 36 wireless licenses in major markets throughout the U.S. The partnership paid a little over $235 million, The Anchorage Daily News reported. CIRI is the controlling partner.
Other Alaska Native corporations have invested in wireless and have reaped huge financial benefits.
Get the Story:
CIRI invests in wireless licenses
(The Anchorage Daily News 2/19)
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Relevant Links:
Cook Inlet Region Inc - http://www.ciri.com
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Alaska Native corporation invests in wireless deal
Monday, February 21, 2005
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