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Broadband Wireless Financial News - August 2005

XML  RSS News Feeds for WISPs and WiFi Hotspot News Now Available

List of Public 802.16 and 802.11 Broadband Wireless Companies

 

08/31/05 NextWeb Acquires Assets of 1st Universe to Create Largest Fixed-Wireless Network for Business in Orange County, CA
NextWeb has acquired the assets of 1st Universe, creating Orange County's most extensive wireless Internet service network. The deal is believed to be the largest cash acquisition in the fixed-wireless broadband industry and the largest of its type in the
08/31/05 U.S. Wireless Online Completes Acquisition of IPOutlet
U.S. Wireless Online, Inc. (OTC Bulletin Board: UWRL) announced that it has completed the acquisition of IPOutlet, Inc. Transaction details will be filed on form 8-K with the Securities and Exchange Commission.
08/31/05 SpectraLink CEO to Present at Kaufman Brothers Conference
John Elms, SpectraLink Corp. president and chief executive officer, will present at the Kaufman Brothers Eighth Annual Investor Conference at The W Hotel in New York City. The presentation, which is scheduled for Wednesday, Sept. 7 at 9:45 a.m. Eastern
08/31/05 Global Triad, Inc. Signs Letter of Commitment to Purchase the Assets of Anywhere Internet
Global Triad, Inc. (OTC: GTRD) announced Global Triad, Inc. signed a commitment letter to purchase the assets of Anywhere Internet with the intention to merge the company's existing infrastructure and customer base within Global Wifi Plus, Inc.
08/26/05 KeyOn Communications Completes $4 Million Lease and Preferred Stock Financing
KeyOn Communications announced that it has secured more than $4 million of additional capital from lease financing and the recent sale of preferred stock. KeyOn is a leading provider of broadband Internet and voice-over-IP (VoIP) services in primarily
08/26/05 Aptilo Networks of Sweden Awarded NASA Order
Aptilo Networks announced that it was awarded a contract to the U.S. National Aeronautics and Space Administration, NASA. The system is used for authorization verification and monitoring of visitors and consultants who want temporary network access in
08/25/05 In-Systcom, Inc. Announces Investor Conference Call
In-Systcom, Inc. (PK: ISYJ) announced that it will host an investor conference call to begin at 4:15 p.m. Eastern Standard Time on Wednesday, August 31, 2005.
08/24/05 Diamond I Purchases Option to Acquire U.K. Gaming Software Company
Touchdev Limited, a private U.K. company, is the developer of an array of internally-derived and copyrighted gaming software products, with wireless PDA and cellular-phone-based capabilities. Touchdev has created 12 different games, including Texas Hold'
08/24/05 ICOA Reports 357% Increase in Recurring Revenue and 20% Expansion of Footprint
For the first six months of 2005 the company's revenue was $928,664, a 94% increase compared to $478,429 for the same period in 2004. The company's revenue in the second quarter of 2005 was $478,749, a 41.5% increase compared to $338,389 for the same
08/23/05 Guest-Tek to Acquire Support Contracts for 94 Blue Mountain Network Hotel Properties
Guest-Tek Interactive Entertainment Ltd. (TSX:GTK) announced that it has acquired the support contracts for all customers of Blue Mountain Networks of Suwanee, Georgia. In addition, Blue Mountain's CEO, Steve Futrell will be joining Guest-Tek to lead
08/18/05 PEAK Awarded General Services Administration (GSA) IT Schedule Contract
PEAK Technologies (NYSE: RRD) announced that it has been awarded a General Services Administration (GSA) IT schedule contract under the Federal Supply Schedule Program, enabling government agencies to procure PEAK automatic identification/data collection
08/17/05 RoomLinX Completes Acquisition of SuiteSpeed, a Leading Provider of Wireless Solutions for Hotels
Roomlinx (BB: RMLX) announced that it has completed the acquisition of SuiteSpeed, Inc., a leading provider of wireless solutions for hotels. Customers will experience no disruption in service, and their company contact points will remain unchanged.
08/17/05 Unity Wireless Reports Results for the Second Quarter 2005
Gross Margins Reach 29 Percent for Second Quarter; Revenue Up 30 Percent for 6-Month Period
08/17/05 U.S. Wireless Online Completes Acquisition of Skyline Broadband
U.S. Wireless Online, Inc. (OTC Bulletin Board: UWRL) announced that it has completed the acquisition of DHR Technologies, Inc. DBA Skyline Broadband (Skyline). Transaction details will be filed on Form 8-K with the Securities and Exchange Commission.
08/17/05 EWAN 1, Inc. Receives One Million Dollar Funding Commitment From Chicago-Based Nutmeg Group
Financing of Special Projects to Include International Deployment of WI-MAX to Virgin Islands and Mexico
08/16/05 eWAN 1 Envisions $4.8 Million Future Annual Revenue From New High Desert Wireless Access Point
eWAN 1, Inc. (Pink Sheets:EWAN) announced that High Desert Wireless Broadband Communications, LLC (HDWBC) will activate its new access point in downtown Tehachapi, Calif. on Friday, Aug. 12, 2005, enabling eWAN to aggressively market its suite of advanced
08/16/05 SpectraLink Declares Quarterly Dividend
SpectraLink Corp. announced that its board of directors declared a quarterly cash dividend of 10 cents per share of SpectraLink common stock. The dividend is payable Sept. 29, 2005, to stockholders of record at the close of business Sept. 20, 2005.
08/16/05 ERF Wireless Completes Definitive Agreement to Acquire Wireless Broadband Banking Business
ERF Wireless (OTCBB:ERFW) announced that it has entered into a definitive agreement to acquire virtually all of the secure enterprise-class wireless banking network business of Skyvue USA East Central Texas Inc. of Taylor, Texas.
08/16/05 UPS Strategic Enterprise Fund Invests in G2 Microsystems for RFID Technology
G2 Microsystems Inc., a developer of integrated circuits for the Mobile Resource Management market, today announced that the UPS Strategic Enterprise Fund has made an investment as an extension to the company's Series A round. Other investors in the Seri
08/16/05 U.S. Wireless Online Announces Second Quarter 2005 Results
Revenues for U.S. Wireless for the three months ended June 30, 2005 increased 237% to $1,179,223, compared with $349,712 in the second quarter of 2004. Gross profit rose 659% to $728,359 in the most recent quarter, versus $95,974 in the prior-year period.
08/10/05 Broadspot Worldwide Wireless Announced the Acquisition of Spokane Washington Internet Access Provider
Broadspot Worldwide Wireless, Inc. (OTC Pink Sheets: BWWW) announced that the Company has acquired Perpetual Engineering, LLC, for an undisclosed amount of cash and stock. Perpetual is an Internet Service Provider operating primarily in the Eastern
08/10/05 Seamless Wi-Fi CEO President Purchases Shares of SLWF in the Open Market
Seamless Wi-Fi's (OTCBB:SLWF) President and CEO announced that he purchased 200,000 shares of SLWF in the open market. The purchases occurred during last two weeks of July 2005 at an average price of about one cent ($0.01).
08/10/05 eWAN 1 to Acquire ClearWave Communications, Inc.
eWAN 1, Inc. (Pink Sheets:EWAN) announced that eWAN has signed a Letter of Intent to acquire ClearWave Communications, Inc. (CWC), and will immediately install its proprietary Triple-Play technology, upgrading one of America's oldest original cable
08/09/05 Ascalade 2005 Second Quarter Conference Call Notice
Ascalade Communications Inc. (TSX: ACG) will release financial results for its second quarter ended June 30, 2005 prior the start of trading on the Toronto Stock Exchange on Monday, August 15, 2005.
08/09/05 Sistema Mass Media Acquires Regional MMDS Wireless Cable Operator
Sistema , the largest private sector consumer services company in Russia and the CIS, announced that its Sistema Mass Media business has acquired 100% minus 1 share of Esta for a cash consideration of approximately US$ 8.6 million.
08/08/05 U.S. Wireless Online to Acquire IPOutlet
Acquisition Will Significantly Expand the Company's Data Solutions, Disaster Recovery and Hosting Resources
08/08/05 Waverider Communications Inc. Reports Q2 2005 Results
New EUM Wireless Modem introductions help drive 30% sequential quarterly revenue growth
08/08/05 SR Telecom Inc. To Hold a Conference Call to Discuss Its Second Quarter Results
SR Telecom announced the details of its financial second quarter
08/05/05 Wireless Networks: Untangled but Still Tied in Knots
Recently, the State of Utah announced awarding NLE a 2 year contract for the sale and implementation of a multi-vendor management and security console for wireless networks WLAN. Under this contract of promising relief, NLE can provide all the necessary
08/05/05 Golden Telecom Announces 26.4% Increase in EPS for First Half of 2005
Golden Telecom, Inc. (NASDAQ:GLDN), a leading facilities-based provider of integrated telecommunications and Internet services in major population centers throughout Russia and other countries of the Commonwealth of Independent States ("CIS"), announced
08/05/05 Global WiFi Plus, Inc. Completes Asset Purchase Agreement With Wireless Stations.com, Inc.
Global WiFi Plus, Inc. has completed the assets purchase of Wireless Stations.Com, Inc. as a subsidiary in Global Wifi Plus, Inc. Wireless Stations.Com main course of business is to deploy and install wireless broadband kiosk machines throughout public
08/04/05 Alvarion Reports Second Quarter 2005 Results
Revenue for the second quarter reached $47.0 million, down 18% sequentially from $57.2 million in the first quarter of 2005, and down 4% from $48.8 million in the second quarter of 2004. The decline in revenue resulted from lower sales to a major customer
08/04/05 ICOA Closes Seventh Wi-Fi Acquisition With Cafe.com
ICOA, Inc. (BULLETIN BOARD: ICOA) announced it has acquired the assets, contracts, existing hot spot locations and equipment of Cafe.com, a privately held Santa Monica, Calif.-based wireless Internet provider, in a cash and stock deal.
08/04/05 Kite Networks, Inc. Announces the Initial Capitalization of $7.5 Million in a New Affiliate Company, Kite Broadband
Kite Networks, Inc., a Ridgeland, Mississippi-based wireless broadband Internet service provider, announced that it has completed initial funding in the amount of $7.5 million for a new affiliate company Kite Broadband, LLC as of June 30, 2005.
08/04/05 Guest-Tek Interactive Entertainment Ltd. First Quarter Results Conference Call Notice
Guest-Tek Interactive Entertainment Ltd. (TSX:GTK) will be releasing its first quarter results for the period ending June 30, 2005 on August 10th, 2005. A conference call for shareholders, analysts and other members of the
08/03/05 IOCA Closes Sixth Broadband Wireless Acquisition of National RV Resort Campground Wi-Fi Provider Linkspot
IOCA, Inc. (OTC Bulletin Board: ICOA) announced it has acquired LinkSpot Networks, a privately held national provider of broadband wireless services to RV resorts and campgrounds.
08/03/05 Look Communications Reports Third Quarter Results
Look Communications Inc. (TSX Venture: LOK.MV and LOK.SV) reported its financial and operating results for the third quarter and nine-month period ended May 31, 2005. As previously announced, Look changed its year-end to August 31 in order to standardize
08/03/05 Metrobridge Wireless ISP Oversubscribes Second Finance Round
MetroBridge Networks Corporation, the largest broadband wireless access provider in Southwestern British Columbia, has successfully completed its second round of financing. Led by BC Advantage Funds (VCC) Ltd. again, the round was oversubscribed as invest
08/03/05 Siemens Invests $10 Million in Kiyon's Indoor Wireless Broadband Mesh Networking Technology
Siemens leads $10 million investment in indoor wireless mesh networking company, Kiyon, citing superior technology approach and strategic relevance
08/03/05 Terabeam Wireless Completes Acquisition of Substantially All of the Proxim's Assets
Terabeam Wireless (NASDAQ:YDIW) announced that it has completed its previously-announced purchase of substantially all of the assets of Proxim Corporation (OTC: PROXQ). With the combined company's proven product portfolio, global partnerships and customer
08/03/05 CoConnect Secures $10 Million Funding Commitment from Stone Capital Partners
CoConnect, Inc. (BB: CNTI) , a wireless Internet infrastructure solutions provider, announced that it secured $10 million in funding commitments. CoConnect has obtained an equity line of credit from Stone Capital Partners to draw down up to $10 million
08/03/05 Pacific Internet Posts the 14th Consecutive Quarter of Profits
Pacific Internet Limited or PacNet , Asia Pacific's largest telco-independent Internet Communications Service Provider by geographic reach, today announced its financial results for the second quarter that ended 30 June 2005. The Group posted its 14th
08/02/05 GlobeTel Wireless Announces New Contract to Provide Wireless Networks for Three German Cities
GlobeTel Communications Corp. (AMEX:GTE) announced that GlobeTel Wireless, a division of GlobeTel Communications Corp., has been awarded a contract to install wireless networks in three German cities.

Previous Months of 802.16 and 802.11 Broadband Wireless Financial News in 2005

Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.

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