Station-to-station would indeed require transmission without loss, and power loss for a transmitter is roughly equivalent to the cube of the distance for an omni-directional antenna.
That doesn't diminish the power of this vision, but even Tesla had to abide by the laws of physics.
One 'Nathan B. Stubblefield' apparently holds a 1908 patent on a wireless telephone: http://www.google.com/patents?q=887357