Investors are clearly believers in large part because of the track record of Corvis' founder, David Huber, who also started Ciena (nasdaq: CIEN - news - people), a pioneer in new optical technology now used in nearly every telecommunicationsnetwork.
He told Sorenson about a colleague there named Michael Holloway who had notions of using Internet Protocol technology to build a powerful, low-cost telecommunicationsnetwork.
He has two college degrees, two decades of experience in information technology, and worked as a network engineer for one of the world's largest telecommunications companies.
Today's announcement continues to show 1O1O and one2free leading 4G technology innovation in mobile telecommunications services in Hong Kong since the world's 1st dual band 4G LTE network was launched in November 2010.