BroadBand Wireless International Corp.

• Public
• US

Dow Jones Description

Broadband Wireless International Corporation, originally incorporated in the State of Nevada on July 23, 1973 under the name Black Giant Oil Company, was initially organized for the purpose of engaging in exploration for oil and gas. From 1986 to 1997, the Company functioned essentially as a public shell because it had no operations and continued to be publicly traded. As a result of the decline of oil prices in 1998 and 1999, our Board of Directors began searching for other business opportunities and entered into an agreement with a wireless Internet and telecommunication company. As part of the effort to implement the shift in business focus, we amended our Articles of Incorporation changing our name from Black Giant Oil Company to Broadband Wireless International Corporation on February 10, 2000. We own several Oil & Gas Overriding Royalty interest in oil and gas properties operated by Talisman Oil & Gas of Calgary, Alberta, Canada. These properties had an original capitalized cost of $6,372 which was fully depleted years ago. The properties continue to produce hydrocarbons in commercial quantities.

Contact Information

Peer Companies

• Deutsche Telekom AG
• Verizon Wireless
• SK Telecom Co.
• Chunghwa Telecom
• Cable and Wireless Plc.
• All Companies