In Brief: Microsoft invests in WinStar

• Microsoft has invested an undisclosed sum in Winstar Communications, a leading provider of fixed wireless broadband systems. Winstar is the largest holder of broadband fixed wireless spectrum, with licenses in the top 60 U.S. markets and in 10 international markets. The company also owns the Web site and provides Web hosting and e-commerce services. Winstar is one of 15 companies selected in the fall of 1999 to host Microsoft Office as an application service.

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