WebCogito

Sprint just released a press release in which it lists the cities of Dallas and Fort Worth as one of 10 which will get WiMax service deployed this year. The other cities in which Sprint will also deploy WiMax (or “4G”, as Sprint is calling it) are:
Atlanta
Honolulu
Charlotte
Las Vegas
Chicago
Philadelphia
Portland
Seattle

You can read the full press release here

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Just yesterday, a Dallas Morning news blog entry titled “Good News Alert” talked about how the freefall in the economy was slowing down.

Well, I’m here to tell you that unfortunately, the freefall is just getting started:  The Financial Times (and just about every other publication out there) is reporting today that the US economy contracted 6.3% in the fourth quarter of 2008 alone:

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The US economy shrank in the fourth quarter at its fastest rate since 1982, revised official figures showed on Thursday, as corporate profits fell at the sharpest pace in 55 years and jobless claims continued to climb.

The final GDP figures were expected to show a contraction of 6.6 per cent, but the results signal that a deeper contraction could be coming this quarter.

“All the incoming data suggest that the economy will contract by a staggering 7 to 8 per cent in the first quarter, before the economy begins to stabilise,” said Nariman Behravesh, chief economist at IHS Global Insight.

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