Last month, I spent some time in San Juan, Puerto Rico. One day, we visited Old San Juan, the oldest settlement within the territory of the United States, with a history that begins in 1508. We also visited the old fort known officially as El Castillo San Felipe del Morro, or simply El Morro.

The fort must have sent shivers up the spines of all those who hoped to take it. The walls of El Morro are 18 feet thick and 145 feet high. Built on a headland, the Spanish Empire controlled the flow of goods in and out of the New World from here. El Morro has been tested many times. Even today, you can walk in the oldest tower in the fort, built in 1539, and see shell fragments in the ceiling that date to the 1898 bombardment of San Juan by the U.S. Navy during the Spanish-American War.

El

ChinaTel Group, Inc. (OTCBB: CHTL) announced that it will bid in an auction for wireless spectrum licensing in Argentina, through its subsidiary, ChinaTel Argentina S.A. The auction is for the 3.5 gigahertz wireless spectrum in 15 cities in the South American country. Those cities are Bahia Blanca, La Plata, Mar del Plata, Moreno, Pilar, Comodoro Rivadavia, Cordoba, Corrientes, Mendoza, Neuquen, Rosario, Santa Fe, San Juan, San Luis, and San Miguel de Tucuman.

This spectrum is focused at the Internet level and what’s known as WiMAX or Worldwide Interoperability for Microwave Access. Acquiring or operating WiMAX networking is a key strategy for the company, a news release states.

“ChinaTel, if a successful bidder, will have the capabilities of becoming a catalyst of change for the new generation of Internet applications and users in Argentina, the news release continues. “Besides offering wireless broadband, WiMAX is seen as technology that can open the doors to