Prime Companies wholly owned subsidiaries:
Prepaid Tel.com has obtained California CLEC License and successfully negotiating and signing a reseller agreement with PACIFIC BELL, Prepaid Tel.com Inc. has initiated deployment of its prepaid services. It has signed up its first prepaid customers, and is currently signing up dealers to market the same prepaid services.
Marathon Telecom reached an agreement with AT & T to provide certain outside plant cable installation service in the Sacramento market. This service provided by Marathon Telecom facilitates AT & T's local service provisioning efforts by extending PAC BELL's "minimum point of entry" (MINPO) to AT & T's service distribution location. The end result is more timely service to AT & T's customers.
Zenith Technologies Inc,
Zenith Technologies Inc, has exclusive marketing rights to a flat-plane antenna operating in the 11.7 to 12.7 GHz spectrum which is being developed and patented by NASA. Portions of the spectrum in which the antenna operates has been allocated by the Federal Communications Commission. The advantages of Zenith Technologies' flat plane antenna that it can be modified to be used for transmission as well as reception. Antenna could be used for applications in wireless local loop and Local Multipoint Distribution Systems (LMDS) .
LMDS Communications Inc,
LMDS Communications Inc, participated in an auction conducted by the Federal Communications Commission on April 27, 1999 (the "Auction") for 161 Local Multipoint Distribution System ("LMDS") licenses. The auction closed on May 12, 1999 after 43 rounds of bidding. The Company bid at the auction for 12 different licenses. The company successfully won all 12 licenses that it had targeted at the auction. The company won "A Block" licenses: The FCC notes in its LMDS auction fact sheet that this service has the potential to become "a major competitor to local exchange and cable television services. Licenses will be granted for a ten year (10) term.
The FCC Auction included two blocks of spectrum, or airwaves, in the 28, and 31 Gigahertz Band for the 168 licenses auctioned; the "A Block" includes 1,150 Megahertz of spectrum, and the "B Block" includes 150 Megahertz of spectrum. The FCC auctioned 121 of the larger licenses and 40 of the smaller licenses, for a total number of 161 licenses.