Yes, Working Assets buys SPRINT in bulk and re-sells it. The thing is though, they're getting it wholesale and selling it to the public at regular prices, so this slices a chunk of Sprint's profits and gives it to WA. Certainly better than giving the whole chunk to Sprint. See the thing is, someone has to run all that fiber all over the continent, and tie into something else which runs out to the rest of the world. In the 70s all of this was being developed, but by now it's pretty much in place and there probably is no economic basis to develop any new routes. So you end up with telephone pyramid scenes where each company is selling someone else's trunks. Now I want to get into local competition, and there is probably room for WA to expand that way. I may go as far as talking to them about setting up some exchanges as a joint venture. Could be interesting. -gg