Thirty Russian Cities Sign Up For WiMAX Networks

GlobeTel Communications Corp. said Friday its wireless subsidiary has been contracted to install WiMAX communications networks in 30 cities throughout the Russian Federation.

The Fort Lauderdale, Fla.-based company said the agreement calls for it to provide broadband, VoIP and DECT technologies with LLC Internfta, a Moscow-based company. GlobeTel said the Russian company will pay GlobeTel $600 million for the networks.

“It is beyond exciting to be able to bring this level of connectivity to Russia,” said GlobeTel CEO Tim Huff in a statement. “Russia will, quickly and at a relatively modest cost, have a wireless infrastructure that will rival any in the industrialized world.”