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Wireless Nation
By James B. Murray, Jr. 
Perseus, 2001 - 352 pages

Having worked in the telecom industry and on Wall Street I can say that this book is a must read for anyone wanting to know about the cellular industry or telecom in general.  I found myself having a difficult time putting the book down at various times as the insight from this insider was unbelievable.    Frankly I was behind the curve in the wireless sector as far as my history went but this book did an excellent job of getting me up to speed, describing what a wild ride is was in the sector and the book did an amazing job of telling the stories of some interesting characters involved in the wireless industry during its nascent stage. 

This book is a must-read for anyone involved in the cellular industry, and should be very interesting (and entertaining) for anyone interested in entrepreneurialism or emerging industries.  While the current success of the cellular industry makes it seem as if its success was a "no-brainer," Murray makes clear that this was not the case--he does an excellent job of describing the free-wheeling, if not chaotic, beginnings of the industry, the fateful steps and mis-steps of some of the early players, and the vast uncertainty of whether the industry would ever be viable. Most memorably, he provides interesting profiles of some of the pioneers, cowboys, and charlatans that participated in the creation of America 's cell-phone sector.

Mr. Murray's account of the birth of the cellular telephone industry is remarkable. This is a subject I had little to no knowledge of and yet I found myself unable to put this book down. The story is truly incredible. The insider perspective he provides gives the reader a view into the birth of an entire industry.

Time and again he details the steps, and more often mis-steps, that led to the wireless world we live in today. As interesting as the stories of the visionaries who "got it" from the beginning are, the tales of those who guessed wrong are even more incredible. Huge corporations, respected "experts," and the US government all made one wrong decision after the other, while a handful of players who figured out just how big this industry could be took incredible gambles to succeed. At the same time, every day individuals from widows to plumbers had a chance to participate, and make millions in what was essentially a government run lottery.

A riveting first hand account of the creation of an industry where billions were made and lost, and continue to be today.

About the Author:

James B. Murray, Jr. was an early investor in and broker of cellular telephone licenses. In his two decades of involvement in wireless, Mr. Murray has done deals with hundreds of industry players, from the biggest carriers down to the "little people" who won licenses in the FCC lotteries. A co-founder of Columbia Capital Corporation, a venture capital firm now managing assets in excess of $1.5 billion, Mr. Murray currently runs Court Square Ventures, a venture capital firm specializing in telecommunications and information technology investments. The father of two children, he lives with his wife of 32 years on a farm near Charlottesville, Virginia.

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Politicians and economists have been raving about this book since it was published in 2000. 

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An essential book for those looking at economic development and business challenges in the 21st Century.

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