am not sure if anybody got this news or not, but it seems its confirmed that Redline communications had joined the dead pool of WiMAX vendors. From their announced Q1 numbers, they dont have the cash to survive 2009........ The Ontario government is trying to keep the company afloat with 10m$ loan however their CEO seems very keen to drive the company more to the ground by keeping his 500K package per year and keep his life style living at the most expensive hotel in Toronto (Four Season Yorkvil…
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Posted on May 20, 2009 at 3:33pm — 1 Comment