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My pick would be ARTT, a wireless broadband internet service provider with connections to qwest which (along with others) invested $251M in ARTT last september.
ARTT and Qwest also has colocation agreements which enable ARTT to connect its wireless network to qwest's nationwide fiber optic network thereby effectively solving the infamous "last-mile" problem.
Its competitors are Winstar (WCII) and Teligent (TGNT)both of which have a market cap around $4B (ARTT's cap is about $800M).
Although WCII and TGNT are formidable players in this area, ARTT's focus specifically on broadband data (as opposed to data + voice) as well as the fact that its stock is trading at a discount to its peers, creates a good opportunity for investors.
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