LAS VEGAS (WiMAX Day). According to a press release issued yesterday, WebSky Inc announced that its Argentine subsidiary WebSky Argentina (WSA) will acquire 95% of Infotel Argentina, SA, as well as another company in Argentina, the name of whcih was not disclosed. The two Argentine entities together are owners of radio frequency spectrum licenses,issued by the Argentine government for 42MHz of bandwidth in the 2.5GHz spectrum. The licenses cover a radius of 112.5 miles from the center of the city of Buenos Aires, covering a population of over fifteen million people. According to Eduardo Axtle, Vice President for Frequency Acquisitions for WebSky, “We believe that the amount of spectrum to be acquired under these agreements will permit WSA to launch the most robust and efficient WiMAX system in the region”. The area covered by frequency licenses covered by the agreements includes about forty percent of the population of the Argentina and a great majority of its business and governmental institutions, and of the country’s personal and corporate wealth.