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BWE Story on Financial Broadband Wireless News
Financial Broadband Wireless News
01/11/10Lineage Power Awarded $2.4M Grant by U.S. Dept. of Energy
Lineage Power Corporation announced that it is the recipient of a U.S. Department of Energy (DOE) $2.4 million research and development grant to develop technologies that minimize the power loss and heat generation that occurs as electricity moves through the ever-growing wired, wireless and broadband service provider infrastructures.
12/21/09Craig Wireless Enters into Option for Acquisition of Interest in Spectrum License Holders in Argentina
Craig Wireless Systems Ltd. (TSX: CWG) announced it has entered into an agreement that provides the Company with an assignment right, a purchase option and rights of first refusal over shares in two Argentinean corporations.
12/18/09EJL Wireless Research Forecasts 2009 Latin America Broadband Wireless Cap Ex Spending to Decline by 23.8% to $12 Billion
Latin America broadband wireless capital expenditure spending is forecasted to decrease 23.8% in 2009 after growing 46.7% in 2008, according to the latest report from EJL Wireless Research titled Latin America Cap Ex Analysis 2008-2011.
12/18/09Civitium LLC Uses Quantrix Modeler to Develop North Georgia Network Cooperative's Winning Broadband Stimulus Project Proposal
Quantrix announces that its partner -- Civitium LLC developed a winning $33 million proposal for federal broadband stimulus funds for the North Georgia Network Cooperative (NGN). Civitium developed the proposal under the direction of the Development Authority of Lumpkin County, GA, using Quantrix Modeler, a business modeling and analytics (BMA) software solution, which enabled it to implement a financial planning model that significantly reduced the amount of time required to develop the comprehensive proposal.
12/18/09The Township of North Frontenac and OmniGlobe Networks Inc. Announced Expansion of High-Speed Wireless Internet Services in Under-Served Areas of the Region
The Township of North Frontenac announced that, subject to funding and approvals it has awarded a network expansion contract to OmniGlobe Networks to enhance broadband infrastructure and access in the community. The company, selected after a rigorous, technology neutral, competitive bidding process, will construct, own and operate a fixed wireless network to provide additional coverage in previously under-served areas of the region.
12/15/09OneFi Technology, Inc. Announces Engagement of EBITDA Capital to Seek Government Broadband Wireless Contracts
OneFi Technology, Inc. (PINKSHEETS: ONFI) announced the engagement of EBITDA Capital, Inc. to seek for OneFi Technology funding contracts and opportunities with Federal, State and Local Government Agencies. OneFi installs WiMax/BPL Technology for delivery of broadband internet to rural and other areas where funds have been or will be allocated. The EBITDA Capital organization has worked with OneFi Technology since the beginning of April but this relationship is now more formalized.
12/09/09Tranzeo Receives RUS Acceptance and "Buy American" Status
Tranzeo Wireless Technologies Inc. (TSX:TZT) has received U.S. Department of Agriculture Rural Utilities Service (RUS) Acceptance for a wide variety of its products operating in the licensed and unlicensed frequency bands. The equipment accepted by the RUS includes Tranzeo's backhaul, point-to-multipoint, and public safety bands equipment, allowing RUS funding to be used for complete end to end solutions.
12/09/09Tranzeo Receives US$1.52 Million in Purchase Orders From North American Distributors
Tranzeo Wireless Technologies Inc. (TSX:TZT) has received purchase orders from their North American distributors worth US$1.52 million. The orders include both Wi-Fi and WiMAX radio systems.
11/18/09WiFi Wireless, Inc. -- Technology and Business Strategy Update
In a continuing effort to keep shareholders and the public informed, WiFi Wireless, Inc. (PINKSHEETS: WFWL) wishes to disclose the following information.

11/17/09Redline Communications Reports Third Quarter 2009 Results and Announces Management Changes
Redline Communications Group Inc. (TSX: RDL) announced its financial and operational results for the three- and nine-month periods ended September 30, 2009.
11/11/09Governor Schwarzenegger Endorses Siskiyou County's $23 Million Federal ARRA Rural Broadband Stimulus Bid
Western Blue, Northern and Central California's experienced desktop to datacenter IT solution integrator, announced that California Governor Arnold Schwarzenegger has included all three Siskiyou County grant applications among the list of state approved projects for rural broadband funding submitted for federal stimulus funding under the American Recovery and Reinvestment Act (ARRA).
11/06/09NuMobile, Inc. and Kaizen Communications, Inc. Present Broadband Wireless Commerce Technology Strategy for 4.1 Billion Messages per Day Market Place
The two companies have jointly released an on-demand Webcast discussing the acquisition strategy and more on Kaizen's applications and technology for the mobile commerce industry. Kaizen is an application provider for several markets including SMS, also known as text messaging, MMS, which involves multi-media messaging, and IVR, interactive voice response. Kaizen's technology provides real-time information updates to keep consumers informed and provides valuable response and demographic data back to companies.
11/05/09iPass Reports Third Quarter 2009 Results
iPass Inc. (NASDAQ: IPAS)reported financial results for its third quarter ended September 30, 2009. On a GAAP basis, iPass reported revenues of $42.6 million for the third quarter of 2009 and a $6.1 million net loss or ($0.10) per share, of which $4.8 million or ($0.08) per share resulted from a charge for state sales taxes and related penalties and interest. This compared to revenues of $48.4 million and a $2.1 million net loss or ($0.03) per share in the third quarter of 2008, and compared to revenues of $43.7 million and $1.0 million in net income or $0.02 per diluted share in the prior quarter.
10/28/09Tranzeo Receives US$5.4M Purchase Order from Aperto For WiMAX Broadband Wireless Subscriber Units
Tranzeo Wireless Technologies Inc. (TSX:TZT) has received a purchase order from Aperto Networks to deliver Aperto-branded WiMAX broadband wireless subscriber units. The value of the purchase order to Tranzeo is US$5.4M.
10/22/09200th Company Licenses WiLAN Broadband Wirelesss Technology Patents
Wi-LAN Inc. (TSX:WIN) announced that the Company has reached the significant milestone of 200 companies licensed. The 200th company to license WiLAN technologies, Ascom AB, is an international provider of wireless communication and security solutions
10/14/09Bluetooth Accessories Developer Iqua Ltd. Joins SAVOX Group After Successful Share Transaction
SAVOX Oy and Iqua Ltd., one of the leading Bluetooth accessories companies, today announced completion of a Share Purchase Agreement, under which Iqua has become one of the companies in the SAVOX Group.
10/13/09Cisco Announces Agreement to Acquire Starent Networks for Broadband Wireless Mobile Infrastructure Portfolio
Cisco (NASDAQ: CSCO) and Starent Networks (NASDAQ: STAR) announced a definitive agreement for Cisco to acquire Starent Networks. Starent Networks is a leading supplier of IP-based mobile broadband wireless infrastructure solutions targeting mobile and converged carriers. The Mobile Internet is at an inflection point as IP-enabled Smartphones and other connected mobile devices gain rapid acceptance. Service Providers have been actively investing in this market as global mobile data traffic is expected to more than double every year through 2013, according to the Cisco Visual Networking Index.
09/30/09Siskiyou County Announces $23 Million Federal ARRA Rural Broadband Wireless Stimulus Bid
Western Blue, Northern and Central California's experienced IT solution integrator, in a consortium with Siskiyou County, local firms, the Karuk Tribe, the College of the Siskiyou, national technology experts and the State of California announced a $23 million federal ARRA rural broadband wireless stimulus bid.
09/18/09Airspan Reverse Stock Split Effective, New Ticker AIRO
Airspan Networks Inc. (PINKSHEETS: AIRO) previously (PINKSHEETS: AIRN) announced that its 1-for-15 reverse stock split became effective today. The Company's common stock is now trading on a split-adjusted basis under the trading symbol "AIRO" and under the new CUSIP number 00950H201. The previous trading symbol was AIRN.
08/31/09NewMarket Technology, Inc. Announces $33 Million Outsourcing Agreement with WBA (Wireless Broadband Access)
NewMarket Technology, Inc. (PINKSHEETS: NWMT) is a reporting company with audited financial reports filed with the SEC. On Tuesday September 1st, Board Member Hugh G. Robinson, Retired Major General and Former Chairman of the Dallas Federal Reserve, is scheduled to host a strategic update in an on-demand Webcast.
08/25/09Yonder Media Applies for $9.4M in Federal Government ARRA Stimulus Programs Funding Rural Broadband Wireless Deployment
Yonder Media, a broadband wireless Internet provider focused on improving the quality of life by connecting rural communities, announced that it has submitted applications for federal stimulus funding as part of the American Recovery and Reinvestment Act (ARRA) addressing the challenge of delivering broadband to remote areas.
08/21/09MoqiZone Selects Axxcelera Broadband to Provide WiMAX Base Stations and CPEs
MoqiZone awarded a contract to Axxcelera Broadband Wireless Inc. to supply the WiMAX Base stations and CPEs for their proprietary MoqiZone WiMAX Network in China.
08/20/09NewPath Networks Announces $10 Million Funding Deal With Square 1 Bank for Fiber-Fed Distributed Antenna Systems
NewPath Networks announced that Square 1 Bank will provide the company with a $10 million line of credit. NewPath will use the line of credit to help fund continued expansion of the company's Distributed Antenna Systems (DAS) networks in new and existing markets throughout the U.S.
08/20/09Synapse Wireless Doubles Mesh Broadband Wireless Machine-to-Machine Revenue - Again
Fueling Synapse's growth is SNAP, its award winning wireless mesh network software technology. A SNAP solution offers everything needed for complete M2M solutions, including a seamless connection to the internet, Sleepy Mesh for battery-powered mesh networking, AES encryption for added security, and over-the-air programming of devices.
08/20/09National Medical Wireless Broadband Alliance Filed a Broadband Technology Opportunities Program (BTOP) proposal for the Critical Links Project
The National Medical Wireless Broadband Alliance filed a Broadband Technology Opportunities Program (BTOP) proposal for the Critical Links Project, an open access, middle mile infrastructure to bring broadband connectivity to 70 member hospitals in California, Arizona, Nevada and Hawaii.
08/18/09Proxim Wireless Reports Second Quarter 2009 Financial Results
Proxim Wireless Corporation (OTCQX: PRXM ) (PINKSHEETS: PRXM), a leading provider of end-to-end broadband wireless systems that deliver the quadruple play, released financial results for the second quarter ended June 30, 2009.
08/18/09iPass Declares $20 Million Cash Dividend
iPass Inc. (NASDAQ: IPAS) announced that its board of directors has authorized an extraordinary cash dividend of $0.32 per share. The cash dividend is payable September 17, 2009 to stockholders of record as of August 31, 2009.
08/17/09Proxim Wireless Receives $5 Million Strategic Investment From SRA to Advance WiMAX and 4G
Proxim Wireless Corporation (OTCQX: PRXM), a leading provider of end-to-end broadband wireless systems that deliver the quadruple play, today announced that it has received an equity investment of $7.5 million, with $5 million coming from SRA OSS, Inc., a wholly owned subsidiary of SRA Holdings, Inc. of Japan, a publicly held company listed on the Tokyo stock exchange (JP3817), and the rest coming from existing investors (through a combination of new investment and cancellation of debt).
08/14/09Redline Communications Reports Second Quarter 2009 Results
Revenue growth reflects ongoing demand for broadband wireless services; Government stimulus programs expected to accelerate customers' broadband wireless deployments
08/13/09Tranzeo Wireless Reports Second Quarter 2009 Results
Tranzeo Wireless Technologies Inc. (TSX:TZT), a leading producer of high-speed wireless broadband communication systems, announced its financial results for the second quarter 2009.
08/12/09Sandvine's Success in Broadband Wireless Market Continues
Sandvine (TSX:SVC). a leading provider of intelligent broadband network solutions for cable, DSL, FTTx, fixed wireless and mobile operators, announced five new customer wins, including three new wireless operators.
08/07/09Broadband Wireless Hardware Sales Could Be Side Effect of Stimulus Bill's EMR Incentives
As the Obama Administration provides incentives to push doctors and hospitals to upgrade their healthcare IT solutions, there will be a greater need to replace antiquated computer hardware with newer, more powerful systems that can support the vast amounts of information created by EMR, wireless, RFID, electronic physician order entry (CPOE) and other advanced software that is rapidly being adopted.
08/05/09Proxim Wireless and NetLogix Partner to Help Organizations Prepare for the Upcoming ARRA Stimulus Deadline on August 14th
Proxim Wireless Corporation (OTCQX: PRXM) and NetLogix announced that the companies have partnered to make available a broad suite of stimulus grant application services and resources for organizations preparing stimulus grant applications in the United States. The combination of free resources and paid services is designed to help organizations identify the best funding options available and to have their grant applications prepared before the stimulus "Round One" deadline, which is Friday, August 14, 2009.
08/05/09Ericsson Selects MapleNet Wireless to sell World-Leading Portfolio of Microwave Radio Systems
Ericsson Inc. (NASDAQ: ERIC) has signed an agreement with MapleNet Wireless, Inc. to sell Ericsson's portfolio of short- and long-haul microwave radio systems to broadband wireless network operators in the utilities, health care, education and municipal government segments.
08/05/09Avalon RF, Inc. vs. WiFi Wireless, Inc. Litigation Status
WiFi Wireless, Inc. (PINKSHEETS: WFWL) and its lead counsel, Howard Close of Wright Brown and Close, LLP, issued a statement regarding post-trial activity in the lawsuit Avalon RF, Inc. vs. WiFi Wireless, Inc.
08/04/09Calian's Systems Engineering Division Wins Major Broadband Wireless Satellite Contract With the European Space Agency
Calian (TSX:CTY) is pleased to announce that its Systems Engineering Division (SED) has been given an authorization to proceed valued at approximately $15 million from the European Space Agency (ESA) for the provision of a 35-metre deep space antenna and RF system in South America. It is expected that the resolution of final details and contract signing for an estimated total value of $39 million will be achieved before the end of the 2009 fiscal year.
08/03/09Intersil to Acquire Quellan, Creator of Q:ACTIVE High Performance Analog Signal Processing Technology
Intersil Corporation (NASDAQ: ISIL) announced that it has signed a definitive agreement to acquire Quellan, Inc., a privately held leader in the design of high performance analog signal processing integrated circuits (ICs). Quellan's innovative Q:ACTIVE technology delivers unmatched signal integrity for improved system throughput and density with dramatically reduced power consumption.
07/31/09Agilent and Wi-LAN Enter Broadband Wireless License Agreement
Wi-LAN Inc. (TSX:WIN) announced Agilent Technologies, Inc. has signed a license agreement covering various wireless technologies including CDMA, Wi-Fi, WiMAX and Bluetooth.
07/31/09Quantenna Communications Receives Additional Funding From a Leading Service Provider
Quantenna Communications, Inc. announced that it has added to its Series C funding round with a new investor Swisscom, Switzerland's leading telecommunications provider. The Series C round also includes previous announced investors Grazia Equity, Sequoia Capital, Sigma Partners, Southern Cross Venture Partners and Venrock Associates. With this additional funding investment, Quantenna plans to expand its technology leadership position in whole-home 4x4 MIMO wireless networking with dynamic digital beamforming and continue to expand its field trials with leading customers. To date, Quantenna has raised over $44 million.
07/29/09Globalive Wireless Awards Alcatel-Lucent Multi-Million Dollar Contract to Build High-Speed 3G Mobile Network in Canada
Globalive is focused on launching a new national wireless operation, serving consumers across Canada. In 2009 Globalive was awarded spectrum licenses by Industry Canada after successfully bidding more than CDN $442 million in the government's Advanced Wireless Services auction.
07/29/09Mitec Telecom Receives $3 Million Commitment Broadband Wireless Amplifier Technology
Mitec Telecom Inc. (TSX: MTM), a leading designer and manufacturer of mobile wireless, fixed wireless, broadcast and satellite components, announced that it has received customer commitments for its solid-state power amplifier (SSPA) technology which will likely amount to almost C$3 million in revenue.
07/28/09Rapid Link Signs WiMAX Deal to Build $7 Million Broadband Wireless Network
Redline Communications Inc., (TSX:RDL) announced it was chosen by Rapid Link Incorporated, (OTCBB: RPID) a leading provider of WiMAX and communication services, for its $7 million WiMAX network in California. The Rapid Link network, which will be funded in part by a $2.8 million grant from the California Advanced Services Fund (CASF), will deliver high-speed wireless communications services throughout five counties in California.
07/27/09Azimuth Systems Experiences Record Growth and Expansion Into the MIMO and Cellular Markets
Azimuth Systems, Inc., a leading provider of wireless broadband test equipment and channel emulators, today announced that it has achieved record growth and expansion in 2009 thus far, setting the foundation for a record-breaking year for the company. At the heart of this growth is the company's continued momentum in the LTE, WiMAX and 2G/3G markets, which is largely due to the release of Azimuth's third-generation MIMO channel emulator, the ACE™ MX.
07/21/09Wi-LAN Acquires 125 Issued and Pending Broadband Wireless Technology Patents from NextWave Broadband
Wi-LAN Inc. announced that the Company has acquired a portfolio of over 125 issued and pending wireless patents from NextWave Broadband, Inc. (NextWave), an early developer of mobile wireless broadband products.
07/16/09Wi-LAN Closes $18.0 Million Bought Deal Financing
Wi-LAN Inc. (TSX:WIN) announced that it has completed the previously announced sale of common shares of the Company (Common Shares). The Company sold 8,800,000 Common Shares for gross proceeds of $18,040,000.
07/16/09Rapid Link Awarded Approximately $2.8 Million Broadband Wireless Grant From the California Advanced Services Fund (CASF)
Rapid Link Incorporated (OTCBB: RPID) announced it has received a grant from the California Advanced Services Fund (CASF) of approximately $2.8 million in matching funds. The grant will support the expansion of Rapid Link's broadband network footprint as part of its "Mother Lode" project, which will bring advanced broadband wireless services to five counties in Northern California.
07/07/09Ericsson Signs $1.7 Billion Worth of Broadband Wireless Contacts in China
Ericsson (NASDAQ: ERIC) signed framework agreements on 2G/3G mobile communication equipment and related services for 2009 with China Mobile and China Unicom, valued at USD $1 billion and USD $0.7 billion respectively.
06/25/09Wi-LAN Announces $16.4 Million Bought Deal Financing
Wi-LAN Inc. (TSX:WIN) announced that it has entered into a bought deal agreement with a syndicate of underwriters led by Paradigm Capital Inc. and Wellington West Capital Markets Inc. and including CIBC World Markets Inc., and Haywood Securities Inc.
06/23/09Casio Licenses Wi-LAN Wireless Technology
Wi-LAN Inc. (TSX:WIN) announced that Casio Computer Co., Ltd. (Casio) has signed a multi-year running royalty agreement covering Wi-Fi, Bluetooth and CDMA products. The specific terms of the agreement are confidential.
05/06/09Tranzeo and TRG Are Producing First WiMAX Units for Indonesian Carriers Worth US$840K to Tranzeo
5/6/09 - Tranzeo Wireless Technologies Inc. (TSX:TZT), a premier manufacturer of wireless broadband and WiMAX communication systems and PT. Teknologi Riset Global (TRG), an affiliate company of leading telecommunication infrastructure provider the Indonesian Tower Group, will begin shipping WiMAX subscriber units in June 2009 in support of the recent Indonesian ministry decree for operators to migrate existing services operating at 3.5GHz to the 3.3GHz spectrum. The initial production is worth US$840K for Tranzeo.
04/29/09U.S. Marine Corps Funds $3.5 Million Contract for Broadband Wireless Point-to-Point Link System Components
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) announced that it has received a $3.5 million subcontract order for critical spare parts to support the U.S. Marine Corps' investment in Wireless Point-to-Point Link (WPPL) systems from TCS. WPPL systems provide deployed Marines with point-to-point and point-to-multipoint secure transmission of voice, video and data communications over terrestrial microwave radio links.
04/29/09OneFi Technology, Inc. Seeks Portion of $6.5 Billion Amercian Recovery and Reinvestment Act of 2009 Stimulus Package Slated for Building Rural Broadband Wireless Internet Connectivity Networks
OneFi Technology, Inc. (PINKSHEETS: ONFI ) is seeking its share of the Federal Government's "Stimulus Package" $6,500,000,000 allocated funds marked for the development of broadband connectivity in rural communities. Mr. Tom White, CFO of OneFi Technology, will be directly in charge of the Company's effort to obtain these Government contracts. The targeted areas have been selected for the funding.
04/28/09Vecima Announces Preliminary Third Quarter Revenue Numbers; Updates Fiscal 2009 Revenue Guidance
Vecima Networks Inc. (TSX:VCM) announced that as a result of delay in shipping its new product and general softening of markets, it expects to report revenue for the third quarter ended March 31, 2009 in the range of $20 million. As a result of the lower than anticipated revenue recorded in the third quarter, the Company now believes that it will not be able to meet its fiscal 2009 revenue growth target of 20 to 30 per cent over fiscal 2008, and instead anticipates year over year revenue growth will be flat to down 5 per cent. The Company expects to maintain its record of profitability in both the third quarter and fourth quarter.
04/27/09China Mobile, China Telecom and Alcatel-Lucent Sign $1.7 Billion Framework Agreements for 2009
Alcatel-Lucent (Euronext Paris and NYSE: ALU) announced that it has inked two framework agreements valued USD $1.7 billion in total with China Mobile and China Telecom, to provide network upgrades, integration and maintenance services in 2009. As the leading operators in China, China Mobile and China Telecom were granted 3G licenses in January 2009, for TD-SCDMA and CDMA/EV-DO technologies, respectively. The agreements were secured through Alcatel-Lucent Shanghai Bell, Alcatel-Lucent's Chinese flagship company.
04/21/09NewPath Networks Announces $47 Million in Private Equity Financing for Continued Expansion of Fiber-fed Distributed Antenna System (DAS) Broadband Wireless Carrier Networks
NewPath Networks announced $47 million in new investment funding in a private placement offering, of which $30 million was closed on April 20, 2009. The financing was led by Charterhouse Group, a private equity investment firm in New York, New York; joined by Meritage Funds, a venture capital firm in Denver, Colorado; and existing investor Sweetwater Capital, LLC, a venture capital firm in Red Bank, New Jersey. Proceeds from the financing will be used for network expansion through acquisitions and organic growth in existing and new markets across the U.S.
04/14/09TeleCommunication Systems Receives $14.9 Million World-Wide Broadband Wireless Satellite Systems Order From U.S. Army
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) announced that it has received a $14.9 million contract order from the U.S. Army to provide Transportable Ground Receive Suites and related spare parts to support the Global Broadcast Service (GBS).
04/08/09JiWire Closes $11 Million in Funding to Expand World's Largest Mobile Audience Media Company
JiWire has secured $11 million in a round of funding led by Panorama Capital. Panorama was joined by new investor Comcast Interactive Capital and existing investor DFJ Frontier. The investment allows JiWire to build on its momentum by providing marketers with more opportunities to reach the rapidly expanding on-the-go mobile audience.
04/08/09Sierra Wireless Achieves Squeeze-Out Threshold in Subsequent Offering For Wavecom
Sierra Wireless, Inc. (NASDAQ: SWIR - TSX: SW) and Wavecom (Paris: AVM - NASDAQ: WVCM) announced that the results of the subsequent offering period of the all-cash tender offers for Wavecom shares were a success and allowed Sierra Wireless France, a wholly owned subsidiary of Sierra Wireless, Inc., to reach the squeeze-out threshold.
04/08/09Tranzeo Wireless Reports Q4 and 2008 Year End Results
These initiatives resulted in the introduction of our initial WiMAX products in Q2 and the growth of sales of our WiMAX products in each quarter. The recent FCC approval of our WiMAX products for the 3.65GHz to 3.70GHZ frequency spectrum also opens a further market opportunity for us in 2009.
03/23/09Omnicity Moves Into Rural Municipality Market with Acquisition of Indiana Wireless ISP
Omnicity Corp (OTCBB: OMCY), the Midwest's largest fixed wireless Internet service provider, took another step forward in their acquisition model and has acquired the customers and equipment of Cue Connex of Hartford City, Indiana.
03/23/09China Development Bank Provides ZTE US$15 Billion Credit Line
ZTE Corporation announced that it has entered into a strategic partnership with China Development Bank by signing a "Development of Financial Cooperation Agreement". This partnership further strengthens the solid relationship the two organizations have previously developed.
03/05/09Sierra Wireless Completes Acquisition of Wavecom's Broadband Wireless Chipsets
Sierra Wireless (NASDAQ: SWIR) and Wavecom (NASDAQ: WVCM) confirmed that the cash payment to financial intermediaries for the ordinary shares and OCEANEs tendered into the offer launched in France by Sierra Wireless France, a wholly owned subsidiary of Sierra Wireless, Inc., occurred on February 27, 2009.
03/03/09Xiocom Wireless Acquires New Zealand-Based RoamAD
The strategic acquisition of the RoamAD platform brings to Xiocom an industry-leading router and network management technology for wireless broadband networks. The integration of RoamAD and Xiocom technologies enables a more cost-effective and rapid deployment of wireless broadband networks globally.
02/18/09Economic Growth to Come from Telecom Investments, says Ericsson CEO, Carl-Henric Svanberg
President and CEO Carl-Henric Svanberg said today at the Mobile World Congress in Barcelona that 2008 was a year of establishing mobile broadband, and that investments in telecom infrastructure can drive growth across societies.
01/29/09DragonWave Adopts Broadband Wireless Shareholder Rights Plan
DragonWave Inc. (TSX:DWI) announced that its board of directors has approved the adoption of a broadband wireless shareholder rights plan designed to encourage the fair and equal treatment of shareholders in connection with any take-over bid for the outstanding securities of the Company.
01/16/09Sierra Wireless Announces Opening of Cash Tender Offers to Acquire Wavecom in Friendly Deal
Sierra Wireless (NASDAQ: SWIR) and Wavecom (NASDAQ: WVCM) announced the commencement of cash tender offers in France and the United States, by Sierra Wireless France SAS, a wholly owned subsidiary of Sierra Wireless, for all outstanding shares (including shares represented by American Depository Shares ("ADSs") and OCEANE convertible bonds) of Wavecom.
01/13/09B. Riley & Co. to Provide Financial Advice to Proxim Wireless
Proxim Wireless Corporation (NASDAQ: PRXM), a leading provider of end-to-end broadband wireless systems that deliver the quadruple play, announced today that it has received unsolicited strategic expressions of interest and subsequently has engaged B. Riley & Co., LLC, an investment banking firm, to explore strategic options.
01/08/09Wireless Carrier BMV Holdings Announces $50 Million Investment Deal with Pension Giant OMERS
Low-cost wireless carrier BMV Holdings announced that OMERS Private Equity, the private equity arm of the OMERS Worldwide group of companies, has signed an agreement to invest up to $50 million in the business. BMV will launch value-priced wireless services to Canadians in specific markets in Ontario and Quebec during the third quarter of 2009.
01/05/09TCS Awarded $7.8 Million in Broadband Wireless Contracts to Provide Fixed Satellite Terminal Sites and Managed Bandwidth Services for the U.S. Government
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) announced that it has been awarded orders valued at more than $7.8 million to provide fixed satellite terminal sites and managed bandwidth services utilizing the TCS teleport over 16 months beginning December 2008 to support U.S. government personnel.
12/27/08Broadband Wireless Chip Manufacturer Continues to Accelerate Growth -- Secures $10 Million in Fifth-Round Funding
Provigent, a leading provider of System-on-a-Chip (SoC) solutions for the Broadband Wireless Transmission market, announced today that it has closed a fifth-round of financing in the amount of $10 million. Lightspeed Venture Partners led this round of funding with a $10 million investment, joining Provigent's existing technology investors: Sequoia Capital, Pitango Venture Capital, Globespan Capital Partners, Magma Venture Partners, Ascend Technology Ventures, Delta Ventures, Stata Venture Partners, and Dr. Andrew Viterbi.
12/27/08Tranzeo and TRG Sign Joint Development Agreement to Create WiMAX Radios for Indonesia
Tranzeo Wireless Technologies Inc. (TSX:TZT), a manufacturer of wireless broadband and WiMAX communication systems, has signed an agreement to jointly develop WiMAX subscriber units for the Indonesian market with PT. Teknologi Riset Global (TRG), a subsidiary of the Indonesian Tower Group, a leading telecommunication infrastructure provider in Indonesia.
12/24/08Cavium Networks Completes Acquisition of W&W Communications
Cavium Networks (NASDAQ: CAVM) announced they have completed their acquisition of W&W Communications, finalizing an agreement that was announced on November 20. Cavium Networks closed the purchase for approximately $19.3 million, subject to certain purchase price adjustments, including the retirement of certain liabilities of W&W Communications.
12/19/08Airspan Announces Shareholder Approval of Reverse Stock Split
Airspan Networks Inc. (NASDAQ: AIRN) announced that in a Special Meeting of Shareholders on December 16, 2008, its shareholders overwhelmingly approved a consolidation of the Company's common shares, also known as a reverse stock split. With close to 85% of eligible votes being cast, shareholders voted more than 94% in favor of the principal consolidation resolution. The other two resolutions were also approved.
11/24/08Broadspot World Wide Wireless Acquires 40 Microwave Towers for $2 Million
Broadspot World Wide Wireless (PINKSHEETS: BWWD) has executed a definitive agreement to acquire forty carrier-grade microwave towers originally constructed by AT&T and MCI, from Worldwide Communications, Inc. The towers purchased, valued at $2,000,000, are part of a 22 state network spanning the continent and are located in Tier III markets.
11/19/08Mitec Announced $1.6 Million for Broadband Wireless Interference Mitigation Filters
Mitec Telecom (TSX: MTM) has received orders valued at more than $1.6 million for Mobile Wireless Infrastructure components from two of the world's top five major telecom providers. The orders are for coverage solution products which are manufactured at Mitec's Suzhou, China facility. They are at various stages of production and delivery.
11/14/08Hutchison Telecom Reports Third Quarter 2008 Key Performance Indicators Steady Growth Maintained in All Key Markets
The Group maintained growth in a quarter where overall economic conditions were turbulent. Its total user base grew to 11.2 million with strong contribution from Indonesian operations which grew 12.5% quarterly. Established markets Hong Kong and Israel recorded significant growth in 3G customers and continued to report progress in all other operational parameters.
11/13/08TeraGo Announces Record Quarterly Revenue with Year over Year Growth of 22%
TeraGo's total revenue for the three-month period ended September 30, 2008 was $7.9 million, an increase of 22% compared to $6.4 million of revenue generated in the third quarter of 2007. The increase in revenue is primarily the result of a greater number of customer locations in service, as well as existing customers upgrading their internet and data connections and adding additional service locations.
11/12/08U.S. Marine Corps Funds Additional $17.3 Million to Procure TCS Wireless Point-to-Point Link Systems
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) announced that it has received additional contract funding in the amount of $17.3 million from the U.S. Marine Corps for TCS' Wireless Point-to-Point Link (WPPL) systems with delivery beginning mid-December 2008 through March 2009.
11/11/08FCC Approves White Space Spectrum for Unlicensed Broadband Wireless Networks
The Federal Communications Commission (FCC) announced its approval of the use of white space spectrum for unlicensed broadband as well as the merger of Sprint's XOHM unit and Clearwire. Towerstream (Nasdaq: TWER) applauded the FCC's decisions which will benefit both business in the wireless space and consumers nationwide.
11/10/08Willem Roelandts Joins Aruba Networks' Board of Directors
Aruba Networks, Inc. (NASDAQ: ARUN) announced the appointment of Willem "Wim" Roelandts to its Board of Directors. Currently Chairman of the Board at Xilinx, Inc., and a board member at Applied Materials, Roelandts has deep experience building innovative, lasting technology companies with a global business focus.
11/07/08AT&T Expands Wi-Fi Network with Acquition of 20,000 Wireless Internet Access Points
AT&T Inc. (NYSE: T) announced that it has agreed, through one of its subsidiaries, to acquire privately-held Wayport, Inc., a leading provider of managed Wi-Fi services in the United States, for approximately $275 million in cash. The deal adds Wayport's focused capabilities and enterprise customer portfolio with AT&T's leading Internet Protocol (IP) and 3G networks, and broad consumer and business customer bases, to deliver enhanced broadband connectivity at home, in the office, on the road, and virtually anywhere in between.
11/06/08Airspan Announces $17.8 Million in Revenue for Third Quarter 2008
Airspan Networks Inc. (NASDAQ: AIRN) announced results for the third quarter ending September 28, 2008. Third quarter 2008 total revenues amounted to $17.8 million, and included WiMAX revenues of $12.1 million. The third quarter gross margin was 31%, and total operating expenses were reduced from the second quarter 2008 by 14% to $13.5 million. Net loss attributable to common stockholders was $7.8 million or $0.13 per share for the third quarter of 2008.
11/05/08Competitive Companies, Inc. (CCI) Acquires 40 Carrier-Grade Microwave Towers from Worldwide Communications, Inc.
Competitive Companies, Inc. (OTC Bulletin Board: CCOP) has entered into a letter of intent to acquire 40 carrier-grade microwave towers originally constructed by AT&T and MCI, from Worldwide Communications, Inc. The towers purchased, valued at more than $2,000,000, are strategically located in alternate tier markets in 13 states in the United States.
11/05/08Towerstream Announces Record Revenues for the Third Quarter 2008 with Sequential Growth of 15% and Year-over-Year Growth of 63%
Towerstream (Nasdaq: TWER) announced results for the third quarter ended September 30, 2008.
10/29/08ZeroG Wireless Secures $17 Million to Finance Low-Power Embedded Wi-Fi
ZeroG Wireless will use the financing to bring its products to market through expanded sales channels, further build out its executive team, and develop future products. Alex Benik, from Battery Ventures, joins the ZeroG Wireless board of directors to form a six-member board.
10/14/08TCS Wins $1.1 Million Contract to Provide U.S. Marine Corps With Professional Services for Wireless Point-to-Point Link Systems
TeleCommunication Systems, Inc. (NASDAQ: TSYS) announced it has received a contract valued at $1.1 million providing Wireless Point-to-Point Link (WPPL) professional services to the U.S. Marine Corps. WPPL systems provide deployed Marines with point-to-point and point-to-multipoint secure transmission of voice, video and data communications over terrestrial microwave radio links.
10/10/08DragonWave Announces Second Quarter Fiscal 2009 Results
Revenue from outside North America increased 73% from $1.7 million to $2.9 million and represented 28% of total revenue for the quarter. Revenue from customers within North America decreased 7% from $8.2 million to $7.6 million and represented 72% of total revenue for the quarter.
10/10/08Bell Makes 3G Broadband Wireless Network Investment; Plans for 4G LTE
Bell Canada announced a significant strategic investment in its Third Generation (3G) wireless network capabilities to ensure it offers Canadians the complete range of high-speed mobile data coverage, services and handset options. The investment also confirms the company's migration path to the global Fourth Generation (4G) Long Term Evolution (LTE) standard.
10/06/08Road Wings, Inc. Decides to Cease Stock Purchase of OneFi Technologies Stock
Road Wings, Inc. (PINKSHEETS: RDWG) announced today that it would not continue purchasing stock in OneFi Technologies per the terms of the stock purchase agreement that was reached earlier this year.
10/03/08Sprint's XOHM Broadband Wireless Internet Service at Demonstrated at WiMAX Smart Home Exhibit
Motorola, Inc. (NYSE: MOT) and Sprint (NYSE: S) offered a first taste of XOHM service to guests attending a WiMAX open house event last night at Chicago's famed Smart Home. The Smart Home was built using green building techniques, technology that manages home energy use, and is designed with the latest in communications technology in mind.
10/02/08DoD Customer Signs $3.8 Million Deal for Broadband Wireless Network Security and Encryption Solution
EF Johnson Technologies, Inc. (Nasdaq: EFJI) announced that it has received an order valued at $3.8 million from a US Department of Defense (DoD) customer. The order calls for the company to develop an advanced security and encryption solution.
10/01/08Motorola Completes Acquires Leading Enterprise Security Software Company
Motorola, Inc. (NYSE: MOT) announced the completion of its acquisition of AirDefense, Inc., a leading wireless LAN (WLAN) security provider. As previously announced on July 28, 2008, Motorola signed a definitive agreement to acquire privately-held AirDefense, which will become a wholly owned subsidiary of Motorola integrated into Motorola's Enterprise Mobility business.
09/24/08Wireless Data Revenues Expected to Realize 34% Annual Growth through 2011
As bandwidth consumption continues to grow, communications revenues over the next few years are expected see a 10% annual growth rate in the US reaching $1.3 trillion by 2011. However wireless technology will realize up to 34% annual growth in that same time period according to the Telecommunications Industry Association (TIA).
09/24/08Greenhill & Co.'s SPAC Merges with Iridium to Provide Broadband Wireless Satellite Voice and Data Services
GHL Acquisition Corp. (Amex: GHQ) and Iridium Holdings LLC jointly announced the signing of a definitive agreement under which they plan to combine. The proceeds of the transaction will enable Iridium to be debt free and well positioned to develop its next generation satellite constellation, Iridium NEXT.
09/16/08Preferred Travelers Get Broadband Wireless Clearance to Airport Security Fast Lanes
Clear and Vigilant Solutions announced that the companies signed a reciprocal fee agreement. That agreement will allow cardholders from Vigilant's two programs in Jacksonville, Florida and Gulfport, Mississippi to use their cards at Clear's 17 airports including those in New York, Atlanta (opening this month), San Francisco, Orlando and Denver airports and for Clear members to be able to use their cards at the Jacksonville and Gulfport-Biloxi airports.
09/15/08Aernet Wireless Sells Wireless Internet Access Service Business
Barrett Xplore Inc. (BXI) is pleased to announce the purchase of Aernet Wireless' Internet services business from K-Line Construction Ltd. Aernet Wireless currently delivers Internet services to residential and business customers from more than 50 communities across New Brunswick. Aernet was recognized by Business New Brunswick in 2005 as one of the province's most innovative companies for creating and delivering New Brunswick's first wireless Internet service.
09/12/08Worldwide Fixed and Mobile WiMAX Equipment Revenue Topped $402 Million in 2Q08
As of the second quarter of 2008, Alcatel-Lucent and Motorola together account for over two-thirds of worldwide mobile WiMAX equipment revenue, reports communications market research firm Infonetics Research in a new report. Just one quarter ago, the two market leaders captured roughly half the worldwide market.
09/04/08TCS Receives an Additional $7 Million for Wireless Point-to-Point Link System
TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) announced that it has received additional contract funding in the amount of $6.9 million from the U.S. Marine Corps for 43 Wireless Point-to-Point Link (WPPL) systems for deployed troops overseas.
09/04/08WildBlue Secures $50 Million in Additional Equity for Rural Satellite Broadband Internet Expansion
WildBlue Communications, Inc. announced it has completed a $50 million equity financing to support its continued growth. The financing was led by Liberty Media (Nasdaq: LCAPA/B, LINTA/B and LMDIA/B), Intelsat, the National Rural Telecommunications Cooperative and the private equity firm of Kleiner, Perkins, Caufield and Byers. Terms of the financing were not disclosed.
09/01/08MetroBridge Networks Revenue Reaches $1.9 Million in Second Quarter 2008
MetroBridge's second quarter results show the strong organic growth resulting from our continued focus on enterprise-level contracts. We're expanding our enterprise-level network in Utah and anticipate securing additional accretive acquisitions in the future to enter new markets.
08/25/08Broadcom to Acquire Digital TV Business from AMD
Broadcom Corporation (Nasdaq: BRCM) and AMD (NYSE: AMD ) announced that the companies have entered into a definitive agreement for Broadcom to acquire AMD's digital TV (DTV) business.
08/14/08Towerstream Announces Record Revenues
Towerstream (Nasdaq: TWER), a leading fixed WiMAX provider currently operating in nine major metropolitan areas, announced results for the second quarter ended June 30, 2008.
08/06/08ROK Mobile International Acquires Wi-Max/Wi-Fi Network Solution Provider MeshLinx Wireless
ROK Mobile Intl, a UK-based telecoms service provider, announced that it has purchased a 51% interest in MeshLinx Wireless Inc., a US-based global network provider of Wi-Max and Wi-Fi network solutions.
08/05/08NewMarket Technology, Inc. Plans to Exceed $120 Million in Revenue for 2008
NewMarket Technology, Inc. (OTCBB: NMKT) CEO Philip Verges recently announced a four-year, $10.5 million contract with WBA (Wireless Broadband Access) Telecommunications, S.A. NewMarket's higher than anticipated sales pace in 2008 and is on track to meet or exceed a forecasted $120 million in organic sales growth with revenue that could potentially exceed $150 million, in conjunction with acquisitions currently under development.
08/01/08Redline Reports Second Quarter 2008 Financial Results
Redline Communications Group Inc., (TSX/AIM: RDL), a leading provider of WiMAX and wireless broadband solutions, announced its financial results for the three- and six-month periods ended June 30, 2008.
07/30/08012 Smile.Communications Deploys WiFi Networks in Israeli
012 Smile.Communications (NASDAQ Global Market and TASE: SMLC), a growth-oriented provider of communication services in Israel, today announced that it has completed an extensive Wi-Fi infrastructure project valued at several million shekels for Israel's Clalit Healthcare system.
07/30/08Leading Wireless LAN Security Provider Being Acquired by Motorola
Motorola, Inc. (NYSE: MOT) announced that it has signed a definitive agreement to acquire privately held AirDefense, a leading wireless LAN (WLAN) security provider. Terms of the transaction were not disclosed.
07/29/08EarthLink Revenue Decreases 21.2 Percent
Total company revenues were $245.6 million, a 21.2 percent decrease compared to the second quarter 2007. This result was consistent with management's expectations, strategy and prior public comments that the company focus would be on loyalty and retention of its tenured Internet access subscribers. While this focus on higher value, but fewer subscribers resulted in a decline in revenues, these tenured users also demonstrated significantly lower support cost profiles as compared to newer subscribers. This contributed to the company generating significantly better operating margins and free cash flow (a non-GAAP measure), as noted below.
07/24/08Sierra Wireless Reports Second Quarter 2008 Results
Sierra Wireless, Inc. (NASDAQ: SWIR, TSX: SW) is reporting second quarter 2008 results. The results are reported in U.S. dollars and are prepared in accordance with United States generally accepted accounting principles.
07/17/08Wi-LAN Grants Licenses to Six Additional Companies
Wi-LAN Inc. (TSX:WIN) announced that it has licensed three more companies to its V-chip technology, bringing the number of companies under license to 93. The Company has signed V-chip patent license agreements with Perpetual Action Group, Sun Cupid Ltd. and Phoebe Micro Inc. These agreements each provide for the payment of running royalties for the life of the patent.
07/17/08Rapid Link Completes Acquisitions of Two Broadband Wireless ISPs in Texas
Rapid Link, Incorporated (OTCBB: RPID) announced that it has acquired the assets of iBroadband Networks, Inc. and iBroadband of Texas. The asset purchase of the customer bases and operating networks of iBroadband Networks and iBroadband of Texas will add over 3000 active customers and a fully deployed wireless network to the growing Rapid Link portfolio of operations.
07/17/08Road Wings, Inc. Buys WiMAX Software Development Company
Road Wings, Inc. (PINKSHEETS: RDWG) announced that it has concluded a stock purchase agreement with OneFi Technology, Inc. of Orange, Calif. OneFi Technology has developed both a hardware solution for the next generation wireless broadband technology and a software applications package which allows all bandwidth to be optimized.
07/16/08Belden Completes Acquisition of Trapeze Networks
Belden (NYSE: BDC ) has completed the acquisition of Trapeze Networks, a technology leader in wireless LAN equipment and network management software, for a cash price of approximately $133 million.
07/15/08WPCS Receives $8 Million in New Broadband Wireless Networking Projects
WPCS International Incorporated (Nasdaq: WPCS), a leader in design-build wireless engineering services for specialty communication systems and wireless infrastructure, has announced that, through its subsidiaries, it has received approximately $8 million in new projects.
07/15/08Nextlink Wins International Grant to Fund WiMAX Innovation & Collaboration
Nextlink Wireless, Inc., a leading provider of broadband wireless access solutions and a subsidiary of XO Holdings, Inc. (OTCBB: XOHO), announced that it has received a grant from the Binational Industrial Research and Development (BIRD) Foundation to develop an innovative, carrier-class WiMAX solution with an Israeli partner.
07/11/08DragonWave Announces 24% Increase in First Quarter Revenue
DragonWave Inc. (TSX:DWI)(AIM:DWI), a leading global supplier of next-generation wireless networks, issued financial results for its first quarter of fiscal year 2009 ended May 31, 2008. All figures are prepared in accordance with Canadian generally accepted accounting principles (GAAP) and are reported in Canadian dollars.
07/10/08Digitel Spends $3.5 Million for Ceragon's Broadband Wireless Backhaul Equipment
Ceragon Networks Ltd. (NASDAQ and TASE: CRNT), a leading provider of high-capacity broadband wireless backhaul solutions, announced that its advanced FibeAir(R) solutions have again been selected for deployment by Digitel Mobile Philippines, Inc. (DMPI), a leading cellular telecommunications provider in the Philippines.
07/08/08Midland Hotels Picks Ruckus ZoneFlex Smart Mesh Wireless LANs to Provide High-Speed Internet Access for Guests
Ruckus Wireless announced that it was been selected by the Midland Hotel Corporation to provide Smart Wireless LAN systems as part of a $17 million renovation of Midland's group of Holiday Inn hotels throughout Massachusetts.
07/07/08Wi-LAN's Headhunters Target Litigation Against LG, Motorola, RIM and UTStarCom
Wi-LAN Inc. (TSX:WIN), a leading group of patent enforcement attorneys, announced that it has amended its Complaint in action No. 2:08-cv-237 in the U.S. District Court for the Eastern District of Texas, Marshall Division to add LG Electronics, Inc. and LG Electronics Mobilecomm U.S.A., Inc. as Defendants. The parties already named as Defendants in this action are Motorola, Inc., Research in Motion Corporation, Research In Motion, Ltd. and UTStarCom, Inc.
06/26/08Wi-LAN Licensing Program Squeezes More Money Out of Customers
Wi-LAN Inc. (TSX:WIN), a leading group of patent enforcement attorneys, announced that it has signed four more license agreements for its V-chip technology, bringing the number of companies under license to 90. The Company has signed license agreements for its U.S. V-chip patent with Changzhou Xingqiu Electronic Co., Ltd., Shenzhen Jiuzhou Electric Group Co. Ltd., CAST Information Co., Ltd. and Skardin Industrial Corp. These agreements each provide for the payment of running royalties for the life of the patent.
06/25/08Ceragon Receives $5 Million Follow-on Order From a Leading Mobile Broadband Wireless Operator in Mexico
Ceragon Networks Ltd. (NASDAQ: CRNT )(TASE: CRNT), a leading provider of high-capacity wireless backhaul solutions, announced that it was awarded a $5 million follow-on equipment order from one of the leading mobile operators in Mexico. Ceragon's equipment will be used as part of a large-scale infrastructure expansion that includes capacity upgrades for an existing 2.5G network as well as preparation to support advanced 3G services in the near future. This order is the recent addition to an ongoing relationship between Ceragon and its esteemed Mexican customer since the year 2000.
06/19/08Wi-LAN Provides Mid-Quarter Update on Licensing Activities
The Company announced that it has signed running royalty licenses for wireless-related technologies with Sena Technologies Inc. and Monsoon Multimedia. Sena has signed a six-year running royalty license agreement relating to Wi-LAN's Bluetooth and Wi-Fi patents. Monsoon has signed a six-year running royalty license agreement relating to Wi-LAN's Wi-Fi patents.
06/19/08Wireless Matrix Signs Three-Year Agreement With Municipal Utility Company
Wireless Matrix Corporation (TSX:WRX) announced that it has signed a three-year service agreement with a Midwestern municipal utility company to deploy the FleetOutlook solution suite with their vehicle fleet.
06/19/08Harris Corporation Selected for Potential $58 Million Contract for New NASA Space Suit Broadband Wireless Communications System
Harris Corporation (NYSE: HRS), an international communications and information technology company, has been selected for a potential seven-year, $58 million contract to provide the broadband wireless communications/navigation system for the next-generation space suit supporting NASA's Constellation program. Harris is a member of the Oceaneering International, Inc. team.
06/17/08Harris Corporation Awarded an IDIQ Contract with Potential Value of $77 Million for U.S. Navy Commercial Broadband Satellite Program
Harris Corporation (NYSE: HRS) has received a potential five-year, $77 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the U.S. Navy for development and production of multiband satellite communications terminals that will provide high-speed communications for military personnel serving onboard cruisers and destroyers. Under the IDIQ contract, the company received an initial award valued at $17.5 million.
06/12/08Belden Acquires Trapeze Network's Broadband Wireless Networking Equipment Business for $133 Million
Belden has entered into a definitive agreement to acquire Trapeze Networks, a leading provider of wireless local area networking (WLAN) equipment and management software, for $133 million in cash. The acquisition builds on Belden's market-leading position as a complete signal transmission solutions provider by adding a recognized leader in the wireless LANmarket.
06/12/08Nortel Signs Agreement to Resell Alvarion WiMAX Broadband Wireless Network Equipment
Nortel (TSX:NT)(NYSE:NT) and Alvarion Ltd. (NASDAQ:ALVR) entered into a joint strategic WiMAX agreement to create an end-to-end WiMAX solution to meet the needs of the evolving wireless broadband market. The Nortel and Alvarion mobile WiMAX solution is expected to combine industry-leading technologies from both companies to allow operators around the globe - including well-established service providers and new entrants to the wireless market - to simply and efficiently deliver high-speed wireless broadband for a variety of applications, mobile or nomadic, including VoIP, streaming music, and HD video.
06/12/08Nortel Bets Its Money on WiMAX Short Term; Hopes that LTE Can Be Developed by Next Year
This enables Nortel to achieve faster time-to-market with WiMAX , at a lower cost, while accelerating LTE development to meet a demand that is emerging faster than the industry originally predicted.
06/11/08Future Technologies Adds Redline Broadband Wireless Networking Products to Federal GSA Contract
Future Technologies spearheaded the application and approval process for the Redline products. The listings on the GSA Contract Schedule, facilitates the process for Federal agencies to procure Redline's products via Future Technologies.
06/10/08AirWave Wireless Announces Investment Protection Program for Trapeze Customers
AirWave Wireless announced a new investment protection program to provide stable, flexible management for Trapeze Wireless customers, including customers of Trapeze's OEM partners Nortel, 3Com and Enterasys. The new program extends preferential pricing to existing Trapeze customers who transition to the AirWave Wireless Management Suite 6, the industry's leading multi-vendor wireless network management software.
06/09/08TW-Airnet of Taiwan Chooses Proxim for Municipal Broadband Wireless Network in Kinmen Islands
Proxim Wireless Corporation (NASDAQ: PRXM) announced that it has supplied broadband wireless equipment to TW-Airnet to provide Wi-Fi network coverage for visitors to and residents of Kinmen County, a group of islands 200km away from Taiwan.
06/09/08Aruba Networks Selected by Plainfield Community Consolidated School District for 802.11N Broadband Wireless Network
Aruba Networks, Inc. (NASDAQ: ARUN), a global leader in wireless LANs and secure unified mobility solutions, announced that the Plainfield Community Consolidated School District 202 in Illinois has selected Aruba's broadband wireless LAN technology and identity-based security for use across the district's twenty-eight elementary, intermediate, and high schools.
06/05/08Redline Communications Recognized Among Fastest Growing Broadband Wireless Companies
Redline Communications Group Inc. (TSX and AIM: RDL), a leading provider of WiMAX and broadband wireless infrastructure products, announced that it has been recognized as one of Canada's 100 Fastest Growing Companies by PROFIT magazine.
05/30/08Marvell Technology Reports Net Revenue Up 27%
Net revenue for the first quarter of fiscal 2009 was $804 million, an increase of 27 percent over $635 million in the first quarter of fiscal 2008, ended April 28, 2007, and a 5 percent sequential decline from $845 million in the fourth quarter of fiscal 2008, ended February 2, 2008.
05/28/08Harris Corporation Awarded an IDIQ Contract With Potential Value of $85 Million for U.S. Navy Commercial Broadband Wireless Satellite Program
Harris Corporation (NYSE: HRS) awarded a potential five-year, $85 million Indefinite Delivery/Indefinite Quantity (IDIQ) contract from the U.S. Navy for multiband satellite communications terminals that will provide advanced communications for aircraft carriers and other large deck ships. Under the IDIQ contract, the company received an initial award valued at $15 million.
05/27/08Gilder/Forbes Telecosm Conference Taps Provigent Chairman to Speak on Broadband Wireless Communication
Provigent, a leading provider of System-on-a-Chip (SoC) solutions for the broadband wireless transmission market, announced that Eli Harry, Provigent Chairman will present at the 12th Annual Gilder/Forbes Telecosm Conference held this week at The Sagamore Resort in Lake George, New York. Eli Harry will speak in the "Broadband Wireless: High-speed communication through integrated wireless solutions" session on Thursday, May 29, 2008.
05/21/08Aruba Networks' 802.11N Broadband Wireless Network Selected by Houston's Spring Branch Independent School District
Aruba Networks, Inc. (NASDAQ: ARUN), a global leader in broadband wireless LANs and secure unified mobility solutions, today announced that Spring Branch Independent School District (ISD) in Houston, Texas has selected Aruba's 802.11n wireless LAN technology and identity-based security for use across the district's 51 facilities including 46 elementary, intermediate, and high schools.
05/20/08Wi-Tron, Inc. and Cellvine, Ltd. Sign Definitive Merger Agreement
WI-TRON, INC. (OTC Bulletin Board: WTRO), a manufacturer of power amplifiers announced that it has signed a definitive merger agreement with Cellvine, Ltd., a private Israeli corporation that develops and markets coverage and capacity solutions for the wireless telecommunications industry. The merger will enable the companies to combine their technologies to promote efficient and effective delivery of power amplifiers and coverage systems to the wireless market.
05/20/08US Air Force Medical Service Selects Shipcom Wireless for Major Healthcare RFID Contract
Shipcom Wireless, Inc. announced that they have been selected by the Air Force Surgeon General's Office to review the current uses of RFID technology across the Air Force Medical Service and then pilot RFID systems to improve clinical operations at the Medical Center at Keesler Air Force Base in Mississippi.
05/20/08Ericsson Signs Broadband Wireless Contract for GSM/EDGE Network Digicel in Honduras
Ericsson (NASDAQ: ERIC) has been awarded a GSM/EDGE contract by Digicel Group in Honduras, making Ericsson the preferred supplier for Digicel's operations in the Caribbean, El Salvador and now in Honduras
05/19/08NETGEAR Broadband Wireless Routers Now Available at Wal-Mart
NETGEAR, Inc. (Nasdaq: NTGR) announced the availability of NETGEAR's industry-leading routers for wireless networking at Wal-Mart stores across the U.S. and via
05/13/08EarthLink to Discontinue Operation of Its Municipal Wi-Fi Network in Philadelphia
EarthLink (Nasdaq: ELNK) notified its Wi-Fi customers in Philadelphia that EarthLink is terminating its Philadelphia Wi-Fi service and that EarthLink is providing its customers a thirty-day transition period through June 12, 2008.
05/13/08Proxim Wireless Reports First Quarter 2008 Financial Results
Proxim Wireless Corporation (NASDAQ: PRXM), a leader in core-to-client solutions for broadband wireless networks, released financial results for the first quarter ended March 31, 2008. Revenues for the quarter ended March 31, 2008 were $11.2 million, a decrease of approximately 23% from revenue of $14.6 million for the quarter ended December 31, 2007, and a decrease of approximately 33% from revenue of $16.7 million for the quarter ended March 31, 2007.
05/13/08C-COM Antennas Delivered to the State of Missouri
C-COM Satellite Systems Inc. (TSX VENTURE:CMI) the leading global provider of mobile auto-deploying satellite antenna systems announced that a number of its iNetVu Mobile antenna system have been deployed by the Missouri Department of Transportation (MoDOT).
05/12/08DragonWave Inc. Grants Executives Options
DragonWave Inc. (TSX:DWI)(AIM:DWI) a leading global supplier of next-generation wireless networks, announced that a total of 37,968 options ("the Options") were granted on May 12, 2008 at the five day weighted average price of $5.73 per option to the following Directors of DragonWave Inc.
05/07/08RELM Wireless Reports 2008 First Quarter Results
RELM Wireless Corporation (Amex: RWC) announced its financial and operating results for the first quarter ended March 31, 2008. For the first quarter ended March 31, 2008, sales totaled approximately $3.5 million, compared with approximately $4.6 million for the same quarter in 2007. The pretax loss for the first quarter approximated $2.1 million, compared with a loss of approximately $0.5 million for the first quarter last year.
05/07/08WiMax Will Be the Next DSL for More Than 5 Billion People Worldwide; LTE Years Away from Meaningful Existence
We believe there is a role for LTE as the natural evolution of GSM/HSPA-and probably also CDMA/EV-DO-but we believe it is years away. As such, it contrasts sharply with WiMax, which is being deployed today and for which spectrum has already been made available. WiMax already has an ecosystem which looks a lot like WiFi in terms of cost and diversity, whereas LTE simply is not even defined yet, much less available.
05/07/08Person close to talks: Sprint close to $12 billion WiMax financing deal
Sprint Nextel Corp. is close to finalizing a deal to get financing for its new wireless broadband network from a group that includes Comcast Corp. and Google Inc., according to a person close to the talks.
05/06/08SR Telecom & Co. Announces Series of WiMAX Wins
The new SR Telecom has retained the trust and support of its global customer base, and is increasing deliveries of its WiMAX solutions following the recent acquisition of its business activities by Groupe Lagasse. Merely a month in since the re-launch of its business as a subsidiary of Groupe Lagasse, SR Telecom & Co., S.E.C. announced that it has received purchase orders for wireless network deployments from customers in Cameroon, Mexico and the Philippines and is on-track to securing significant additional orders from new and existing customers in the next few weeks.
05/06/08Predicting the Future Triumph of Clearwire's $14 Billion Broadband Wireless Network
Clearwire (NASDAQ: CLWR) and Sprint Nextel (NYSE: S) announced Wednesday that the companies will combine their broadband wireless units to create a $14.55 billion mobile wireless communications company to provide internet access, phone service, movies, games and a variety of other broadband wireless data services. The new company, which will retain Clearwire's name, will continue developing a mobile network based on WiMax technology, which promises much faster speeds than the latest 3g cellular networks.
05/02/08Proxim Wireless to Report First Quarter 2008 Financial Results on Tuesday, May 13, 2008
Proxim Wireless Corporation (NASDAQ: PRXM), a leader in core-to-client solutions for broadband wireless networks, announced that it will issue a news release regarding its first quarter 2008 financial results on Tuesday, May 13, 2008 at approximately 4:00 P.M. Eastern Time. Proxim will then host a conference call to discuss the financial results and related developments at the company on that same day, Tuesday, May 13, 2008, starting at 5:00 P.M. Eastern Time.
04/30/08Airspan's First Quarter Earnings Release and Conference Call Scheduled for May 7, 2008
Airspan Networks Inc. (NASDAQ: AIRN), a leading provider of WiMAX based broadband wireless access networks, announced that it plans to report its first quarter 2008 financial results on Wednesday, May 7, 2008, after the market closes. Airspan's management will host a conference call at 5:00 p.m. EST.
04/28/08Wireless Matrix CFO Named Finalist for 2008 Greater Washington Technology CFO Awards
Wireless Matrix Corporation (TSX:WRX) announced Maria C. Izurieta, chief financial officer, is a finalist for the 2008 Greater Washington Technology CFO Awards in the category of Public Company CFO of the Year.
04/24/08Airspan Receives $1.7 Million WiMAX Broadband Wireless Networking Equipment Order
Airspan Networks Inc. (NASDAQ: AIRN) announced that it had received its initial order from Fujitsu, totaling approximately $1.7 million, for Airspan's baseband WiMAX modules that are part of the jointly developed Mobile WiMAX base station MacroMAXe.
04/22/08Skyriver Communications Completes Acquisition of Fixed Wireless Assets of NetHere, Inc.
Skyriver Communications announced that it has completed the acquisition and integration of the fixed wireless assets of NetHere, Inc. Through the acquisition, Skyriver added a large number of business customers and expanded its network to include a substantial portion of Southern San Diego County. This acquisition serves to further solidify Skyriver's dominant position as the largest fixed wireless broadband carrier in Southern California with wireless coverage stretching from north of Los Angeles to the US-Mexico border.
04/16/08Setting Marketing Trends in the Wireless Internet Service Provider (WISP) Industry
Due to mistakes made by Google, Earthlink, Sprint and other big companies in the broadband wireless industry, many members of the press seem to have lost their appetite for wireless Internet service provider stories. Regardless, of the media who now frown on the ability for broadband wireless technology to provide high-speed Internet access, the truth is that there are literally thousands and thousands of companies doing it successfully around the world.
04/15/08Airspan Reports Improved Quarterly Cash Burn on Lower Than Expected Revenues
Airspan is the industry's leading WiMAX pure player, ranked #1 for IEEE802.16-2004 WiMAX revenue in 2007 and has now been selected for some of the world's largest mobile WiMAX deployments.
04/11/08Vodafone UK and BT Sign Broadband Wireless Backhaul and Managed Service Agreement to Predict and Shape Bandwidth for Base Stations in the UK
Vodafone UK (LSE: VOD) and BT (LSE: BT) announced anew managed network solutions agreement that will see BT Wholesale provide and manage high speed connectivity between Vodafone's UK base stations and its core national network. Under the terms of the five-year agreement, BT will deliver a cost-efficient and flexible solution that enables Vodafone UK to manage the predicted growth in traffic and bandwidth requirements from its range of new bandwidth-intensive mobile applications.
04/09/08CenturyTel Pursues Overlay of Existing Operations in 700 MHz Auction
CenturyTel, Inc. (NYSE: CTL) announced that it was the successful bidder for 69 licenses in the Federal Communications Commission's (FCC) recently completed 700 megahertz (MHz) spectrum auction.
04/03/08CommScope Reaffirms 2008 Outlook at Industry Conference
CommScope, Inc. (NYSE: CTV ), a global leader in infrastructure solutions for communications networks, has reaffirmed its previously announced first quarter 2008 and calendar year 2008 financial guidance. CommScope Chairman and Chief Executive Officer Frank Drendel and other company management will review the company's wireless growth opportunities, discuss the reaffirmed financial guidance and highlight the Andrew integration process when they meet investors today at the CTIA WIRELESS 2008 conference in Las Vegas, Nevada.
04/02/08RadioShack And Trumpet Mobile Launch Prepaid Mobile Phone Service Nationwide With Unique Mobile Money Transfer Capabilities
Trumpet Mobile and RadioShack Corporation (NYSE: RSH ) announced the nationwide availability of Trumpet Mobile's prepaid wireless services at more than 4,300 RadioShack neighborhood locations. As one of the fastest growing prepaid wireless service providers, Trumpet Mobile is a pioneer in the prepaid mobile money transfer market, which allows subscribers the unique ability to make Western Union money transfers within the U.S. and to Latin America and the Caribbean from their mobile phones.
04/01/08Camiant Eliminates Significant Obstacle for Mobile Operators: Helps Curb Skyrocketing Costs of Mobile Broadband Wireless Networks
Camiant, Inc. unveiled a new cost control application designed to help wireless operators manage the ever-increasing RF (radio frequency) and backhaul costs associated with deploying and maintaining mobile broadband networks. This application is available using the company's proven policy server, the Multimedia Policy Engine (MPE) , which is already deployed by several Tier 1 operators, to help service providers maximize profitability and subscriber quality of experience.
04/01/08SiGe Semiconductor Reports 2007 Revenues of US $69 Million
SiGe Semiconductor reported that revenues for 2007 were US $69 million, an increase of 40 percent year-over-year. Sales were fueled by the growing demand for SiGe's radio front-end integrated circuits (ICs) and modules, which enable the next generation of wireless computing, home entertainment and mobile applications.
03/29/08Growth Continues For Tranzeo Wireless In 2007
Increased revenues continues for B.C.'s Tranzeo Wireless Technologies Inc. (TSX:TZT), a leading producer of high-speed wireless broadband communication systems, according to results for the fourth quarter ended December 31, 2007.
03/27/08WPCS Announces $12 Million in New Projects
WPCS International Incorporated (Nasdaq: WPCS ), has announced that, through its subsidiaries, it has been awarded approximately $12 million in new contracts.
03/26/08Tyco Electronics Announces Intent to Divest a Portion of Its Wireless Systems Segment
Tyco Electronics Ltd. (NYSE: TEL) announced that its Board of Directors has authorized the company to pursue the divestiture of its Radio Frequency Components and Subsystem business. This business represented approximately $500 million of the Wireless Systems segment's total sales of $887 million in fiscal 2007. The remaining portion of the Wireless Systems segment - Public Safety/Land Mobile Radio Systems and Products -- is not included in the planned divestiture.
03/19/08Towerstream Announces Fiscal 2007 Results
Revenues increase 21.9% in Fourth Quarter 2007 over Fourth Quarter 2006
03/13/08Airspan Wins New $1.7 Million Broadband Wireless Contract From Tricom to Expand Its WiMAX Network in the Dominican Republic
Airspan Networks, Inc. (NASDAQ: AIRN), a leading worldwide provider of WiMAX wireless access networks announced that Tricom, one of the Dominican Republic's leading carriers, has awarded Airspan an expansion contract to continue to supply its WiMAX solutions in the licensed 3.5 GHz frequency band. This latest award would bring the value of Airspan contribution to Tricom's network to approximately $1.7 million. Airspan began supplying Tricom with its WiMAX solutions in the fourth quarter of 2007, using its HiperMAX-2 and Hiper-Micro base stations.
03/12/08Top of Asia, LLC Completes Strategic Investment in Chinese Communications Leader United Wireless
Top of Asia announced that it has completed a strategic investment in United Wireless Ltd. United Wireless, with offices in Shenzhen and Hangzhou, PRC, provides wireless and wired systems and integration services in China.
03/12/08Canadian Investment Group to Stockpiles $340 for Upcoming Advanced Wireless Services (AWS Spectrum) Auction
Manitoba Telecom Services Inc., the Canada Pension Plan Investment Board and The Blackstone Group L.P. announced that they have formed a consortium to make a deposit and submit an application to bid as a new entrant in the upcoming Advanced Wireless Services ("AWS") spectrum auction. The consortium made a $340 million deposit in the form of letters of credit to Industry Canada.
03/10/08MobileMonday Toronto Returns With "Mobile Moguls Looking for Money"
MobileMonday Toronto, the mobile industry networking group, will hold their second annual Venture Capital panel, with prospective mobile entrepreneurs pitching their business ideas to some of Canada's leading Venture Capital companies.
03/06/08Ericsson Wins Mobile Broadband Wireless Network Expansion Contract in Germany
Ericsson (NASDAQ: ERIC) has been selected by German mobile operator E-Plus to expand and upgrade its WCDMA network. The deal also includes the expansion and enhancement of the E-Plus microwave transmission network and will allow subscribers to enjoy best- quality mobile data services in most parts of Germany.
03/04/08Ultrawideband Broadband Wireless Chipset Manufacturer Secures $24 Million in Funding
Wisair, a leading provider of single-chip based Ultra Wideband (UWB) and Wireless USB (WUSB) solutions, announced that it has secured $24 million in its latest round of funding. The financing included four new international investors and was led by Susquehanna Growth Equity (SGE), a US-based private equity fund investing in growth capital and late stage venture opportunities. SGE was joined by European-based Advent Venture Partners, Bridge Capital Fund of Japan (an affiliate of Nikko Antfactory), and Yasuda Ventures. Existing Wisair investors also participated, and included Apax Partners, Broadcom, Intel Capital, Vertex, and Zisapel brothers from the RAD group.
03/04/08Wi-LAN Founder Dr. Hatim Zaghloul Steps Down as New Patent Troller Management Team Sues Its Way Toward Profitability
Wi-LAN Inc. (TSX:WIN) announced that Dr. Hatim Zaghloul, the Company's co-founder, will be stepping down from the position of Chairman of the Board of Directors and will not be standing for re-election to the Board at the Company's 2008 annual and special meeting of shareholders to be held on March 27, 2008. Dr. Zaghloul will continue to work with the Company as Chair of its Technical Advisory Committee.
03/03/08Nearing The Climax? WiMax As Wireless DSL Soon A Reality In The U.S.
Closing in potentially simultaneously on the end of the 700 MHz spectrum auctions and what we believe will be a new multi-party joint venture (JV) with Sprint and several funding partners, we believe the value inherent in Clearwire's spectrum asset is increasingly apparent. Upon the potential announcement of a JV, we believe CLWR shares should trade up sharply.
02/28/08Redline Reports Fourth Quarter and Full Year 2007 Results
Redline Communications Group Inc. (TSX/AIM: RDL), a leading provider of WiMAX and wireless broadband solutions announced its financial results for the fourth quarter and year ended December 31, 2007
02/27/08Airspan Networks Announces 40% WiMAX Broadband Wireless Revenue Increase for 2007
Airspan Networks Inc. (NASDAQ: AIRN) announced results for the fourth quarter and year ending December 31, 2007. Fourth quarter revenues increased by 5.8% to $23.8 million, compared to $22.5 million in the third quarter of 2007, driven by WiMAX growth. Compared to the fourth quarter of 2006, revenues decreased by 24% from $31.3 million, due to the decline in non-WiMAX revenues. The fourth quarter gross margin was 29%, adversely affected by revenue deferrals related to multi-element contractual arrangements and provisions related to non-WiMAX inventory.
02/25/08Commercial and Business Jets Will Reach More than 27,000 In-service Units and Generate Revenues of $1.7 Billion by 2013
NSR released its newest market analysis and forecast report: "Aeronautical Satellite Services, Analyzing the Market Opportunity for Passenger Jets and Business Aviation." The report provides an in-depth analysis of demand trends and forecasts for L-band and Ku-band equipment and services in all regions, as well as Ku-band transponder demand for aeronautical satellite services in the next six years.
02/21/08Galaxia Telecom International PLC Rolls Out the Largest Commercial WiMAX Network in Africa
Galaxia Telecom International PLC, the telecom integrator and operator specializing in the innovation and deployment of wireless broadband technologies, announces today the listing of the company's shares on the Open Market of the Frankfurt Stock Exchange and the launch of its first mass market WiMAX network in Algeria.
02/08/08Wavecom Announces Fourth Quarter and Full Year 2007 Financial Results
Wavecom S.A. (Paris:AVM) (NASDAQ:WVCM) announced financial results for its fourth quarter and full year 2007 ending December 31, 2007. Ron Black, Wavecom Chief Executive Officer, commented, " During 2007 we continued to deliver on our promise of operating a very profitable business, which is demonstrated by our 10% operating margin on a non-GAAP basis for the full year, compared to a 6% operating margin on a non-GAAP basis in 2006."
02/08/08WiNetworks Receives $17M in Broadband Wireless Orders for the 802.16e SOC Based Mobile WiMAX Wave 2 (MIMO) Base Station
WiNetworks has received over $17M in orders from various customers as a result of successful trials. Shipments have begun to customers in the European, Asian and North American regions for the 802.16e SOC based Mobile Compact Base Station in the 1.4GHz (L-Band) and 3.5GHZ frequency. Products in the 2.5GHz frequency will be released in March 2008.
02/08/08Alvarion Reports Record Revenues for Fourth Quarter and Full Year 2007
Alvarion Ltd. (NASDAQ: ALVR), the leading provider of WiMAX and wireless broadband solutions, today announced financial results for the fourth quarter and year ended December 31, 2007.
02/07/08Airvana Reports Fourth Quarter and Full Year 2007 Financial Results
Airvana, Inc. (NASDAQ: AIRV), a leading provider of mobile broadband network infrastructure products, today reported financial results for the fourth quarter and year ended December 30, 2007.
02/06/08Unity Wireless Wins 900MHz TMA Project in Vietnam
Unity Wireless Corporation (OTCBB: UTYW) announces that it has received a new purchase order of approximately $100,000 for immediate delivery for the company's TMA (Tower Mounted Amplifier) products for a Vietnam wireless operator.
01/30/08DragonWave and Nextlink Wireless Announce Master Purchase Agreement
DragonWave Inc. (TSX:DWI)(AIM:DWI) announced that Nextlink Wireless Inc. has completed a Master Purchase Agreement to purchase DragonWave's AirPair and Horizon Compact products providing highly scalable, carrier grade radio solutions in support of Nextlink's portfolio of broadband wireless services.
01/29/08Lithuanian Railways Awards Nortel, Belam $50.5 Million Euro Broadband Wireless Communications Contract
Lithuanian Railways has chosen a Nortel (TSX:NT)(NYSE:NT) wireless /communications network solution to enhance its railway communications and ensure compatibility of the Lithuanian national railway with international railway standards. Nortel's partner, Belam, is acting as the local partner for the implementation and construction of the project which will be completed in 2010.
01/24/08Franklin Wireless Announces Effective Date of Reverse Stock Split, New Ticker Symbol
Franklin Wireless Corp. (OTCBB: FKLT) announced that the company's shareholders have approved the 1 for 70 reverse stock split of its Common Stock, as well as the reincorporation in Nevada. The reverse stock split will be effective at the opening of trading on January 22, 2008. The new ticker symbol is (OTCBB: FKWL).
01/23/08Ericsson Wins WCDMA/HSPA Upgrade and Broadband Wireless Expansion Contract with Swisscom
Ericsson (NASDAQ: ERIC ) has signed a frame agreement with leading Swiss operator Swisscom to expand and upgrade its WCDMA/HSPA network to enable high-speed mobile broadband coverage across 90 percent of Switzerland.
01/23/08Wireless ISP Gross Profit Increased 29 Percent, over $4.7 Million, for 2007
With over 15,000 customers worldwide and approximately $20 million in run-rate revenues, Rapid Link is poised to grow with technologies, further serve our customer base of customers and expand into new markets. We have fully integrated Telenational Communications into our operations, and recently completed the asset purchase of Web-Breeze Networks and Communications Advantage, which include a wireless broadband network.
01/22/082007 Venture Capital Investing Hits Six-Year High at $29.4 Billion
Venture capitalists invested $29.4 billion in 3,813 deals in 2007 -- marking the highest yearly investment total since 2001 -- according to the MoneyTree Report by PricewaterhouseCoopers and the National Venture Capital Association, based on data from Thomson Financial. The total invested in 2007 represents a 10.8 percent increase in dollars and a five percent increase in deal volume over 2006. Investments in the fourth quarter of 2007 totaled $7.0 billion in 963 deals, marking the fourth straight quarter with investments totaling more than $7 billion -- a phenomenon not seen since 2001.
01/17/08Aptilo Networks Acquires Airpath Wireless
Aptilo Networks, a leader in integrated solutions for Service Management and Access Control for wireless networks including WiMAX, metro Wi-Fi and Wi-Fi hotspots, announced that the company is acquiring Airpath Wireless, Inc., a leading provider of hosted solutions for network operators, service providers and systems integrators to deploy and manage metropolitan and municipal broadband wireless networks.
01/17/08Colubris Networks Posts Record Revenues in 2007 Fueled by Significant Customer Wins and Substantial Channel Growth
Colubris Networks announced the company's notable 2007 achievements, including closing its sixth consecutive quarter of record revenues, adding 134 resellers, achieving numerous customer wins across key verticals, making strategic additions to its management team and signing a worldwide distribution agreement with Avnet Technology Solutions. In addition, Colubris was positioned in Gartner, Inc.'s 2007 Wireless LAN Infrastructure Magic Quadrant, an evaluation of the market vendors based on completeness of vision and ability to execute.
01/11/08Martin Dawes Systems Signs Deal for International Inflight Broadband Wireless Billing System for Wi-Fi and 3G Service
Aircell, which will launch its affordable airborne broadband solution in North America this year, has selected Martin Dawes Systems' award-winning dise3G service for its end-to-end billing and customer care process. Aircell will spearhead a broadband revolution that will change the airline and business aircraft passenger experience, and chose Martin Dawes Systems following a rigorous search.
01/11/08International Datacasting Corporation Enters $3.6 Million Deal For Broadband Wireless Satellite Earthstation Terminals
International Datacasting Corporation (TSX:IDC) announced that it has signed a Letter of Intent (LOI) with an existing customer for the supply of a new generation of satellite receivers for the upgrade and expansion of an international broadband data delivery network. The LOI authorizes IDC to proceed with manufacturing and, subject to final acceptance testing, to begin deliveries starting early in 2008. The LOI provides IDC with a minimum commitment of $3.6 million USD and has an expected total gross value of up to approximately $6.2M USD. For competitive and confidentiality reasons, the customer is not being named at this time.
01/11/08DragonWave 3Q Revenue Increases 139%
Revenue from customers in North America grew to $5.7 million, a 70% increase from the $3.4 million reported in the same quarter of fiscal year 2007. Revenue from outside North America grew to $5.8 million, up from $1.4 million in the same quarter of fiscal year 2007, representing an increase of 300% year-over-year.

Gross margin for the third quarter was 39%, up 2% over the second quarter, and consistent with the third quarter of fiscal year 2007.
01/11/08Solectek Obtains Follow on Order for 4.9 GHz Point-to-Multipoint Video Surveillance Project Optimized for Government Homeland Security
Solectek Corporation announced that the company obtained a total commitment of approximately $1 million dollars for its SkyWay 4000 Professional Series platform with SkyWay-Videocast, a feature that significantly reduces overhead on the network and improves performance for video traffic.
01/11/08Wi-LAN Reports Fourth Quarter Fiscal Year 2007 Financial Results
Wi-LAN Inc. (TSX:WIN), a company that makes most of their money by taking people to court and suing them, announced financial results for the fourth quarter and fiscal year ended October 31, 2007.
01/07/08NextWave Wireless Forms New Business Units to Meet Growing Demand for Company's Mobile Multimedia and Wireless Broadband Products
NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of enabling mobile multimedia and wireless broadband technologies, announced the formation of two new business units, NextWave Mobile Products and NextWave Network Products, to enhance the company's ability to meet growing market demand for its cutting-edge mobile multimedia and wireless broadband products and technologies.
01/06/08Wireless Matrix Achieves Record Revenue of $9,700,000 and Record Net Income $483,000
Wireless Matrix Corporation (TSX:WRX), the leading provider of mobile resource management solutions targeting field service organizations is pleased to provide the results for its three and six months ended October 31, 2008 (second quarter of fiscal 2009).
01/01/08SR Telecom Announces Sale of Legacy Broadband Wireless Product Lines
SR Telecom Inc. (TSX:SRX), a leading vendor of broadband wireless access solutions through its WiMAX Forum-certified symmetryMX product line, today announced the sale of its legacy product lines to Duons Group, a member company of the Vallee Group, based in Paris, France, specializing in extending end-of-life products and businesses by providing production, maintenance and repair capabilities. The deal substantially reduces SR Telecom's expenses and protects the positions of some 28 employees in Montreal (Quebec), Canada and Mexico City, Mexico, effective immediately.
01/01/08Intel Corporation Puts New Director on Clearwire Corporation's Board of Directors
Wireless broadband pioneer Clearwire Corporation (NASDAQ:CLWR) announced that Arvind Sodhani tendered his resignation from the Clearwire board. Intel Corporation intends to appoint a new representative to Clearwire ' s board of directors as soon as practicable, replacing Arvind Sodhani, who joined the Clearwire board in 2006.
12/28/07CommScope Completes $2.65 Billion Acquisition of Andrew
CommScope, Inc. (NYSE: CTV) announced that it has completed its acquisition of Andrew Corporation (Nasdaq: ANDW) for a total purchase price of approximately $2.65 billion. As of today, Andrew will become a wholly-owned subsidiary of CommScope.
12/27/07NewMarket Technology, Inc. Releases YouTube Video on Public Signing Ceremony for Municipal Wireless Broadband Contract in Brazil
NewMarket Technology, Inc. (OTCBB: NMKT) released a YouTube video on the public signing ceremony that was held in Curitiba, Brazil to formalize the previously announced contract with Associcao Paranaense De Cultura (APC) to deliver a municipal broadband wireless solution to Curitiba University and the surrounding neighborhoods. The APC is a Brazilian Company that manages universities, hospitals and radio stations.
12/26/07Endwave Completes Repurchase of Shares from Wood River Funds
Endwave Corporation (Nasdaq: ENWV ) announced that it has consummated the purchase of shares under the previously-announced stock purchase agreement with the Wood River Funds. Under the stock purchase agreement, Endwave acquired 2,502,247 shares of Endwave common stock held by the Wood River Funds. The remaining 1,600,000 shares of Endwave common stock held by the Wood River Funds were sold to institutional investors.
12/19/07Wireless Broadband Mesh Network Vendor Receives $17.5 Million of Investment Capital
BelAir Networks announced today $17.5 million in financing led by new investors Export Development Canada (EDC) and Wellington Financial. Existing investors Comcast Interactive Capital, T-Mobile Venture Fund, Trilogy Equity Partners, Panorama Capital (formerly JPMorgan Partners), VenGrowth Capital Partners Inc., BDC Venture Capital, Ventures West Management, McLean Watson and MMV Financial also participated in this round.
12/12/07Ceragon Networks Ltd. Announces Exercise and Closing of Underwriters' Option
Ceragon Networks Ltd. (NASDAQ: CRNT) announced the issuance of an additional 990,000 ordinary shares as a result of the exercise of the option to purchase additional shares granted to the underwriters as part of its recent follow-on public offering of 6,600,000 ordinary shares (including 600,000 shares sold by a selling shareholder).
12/10/07Department of Justice Gives OK for Andrew Corp to Be Acquired
CommScope, Inc. (NYSE: CTV) announced that it has reached an agreement with the U.S. Department of Justice that will allow it to complete its proposed acquisition of Andrew Corporation (Nasdaq: ANDW ).
12/10/07Vivato Networks, Inc. Sells Out to Catcher Holdings, Inc.
Catcher Holdings, Inc. (OTC Bulletin Board: CTHH) completed its acquisition of Vivato Networks, Inc. Catcher acquired 100% of the common stock of Vivato for 2,500,000 shares of Catcher's common stock.
12/07/07ERF Wireless Continues Qwest of Banking Industry with Yet Another $1 Million+ Deal for Statewide Broadband Wireless Network
ERF Wireless (OTCBB: ERFW) announced that its ERF Enterprise Network Services subsidiary has signed a contract with Statewide Bank in Louisiana to install a BranchNet encrypted enterprise-class wireless banking network to interconnect the bank's remote locations throughout Southeastern Louisiana.
12/07/07Airport Wireless Develops Broadband Wireless Techshowcase Retail Project to Provide Business Travelers with Leading Edge Wi-Fi and 3G Mobile Communications Solutions
HMSHost and Airport Wireless announced the opening of the first Techshowcase at Oakland International Airport's Terminal 2. A high technology airport retail store developed and operated by Airport Wireless, Techshowcase features mobile consumer electronic devices from the world's leading manufacturers, including Belkin, BlackBerry, Boingo Wireless, Energizer, Igo, Klipsch, Logitech, Motorola, Nokia, Parrott, Plantronics, Sirius, Sony, and Superior Communications.
12/07/07Comtech Telecommunications Corp. Receives an Order for $4.9 Million to Supply Additional Over the Horizon Microwave Radio Upgrade Kits to the U.S. Army
Comtech Telecommunications Corp. (Nasdaq: CMTL) announced that its Orlando, Florida-based subsidiary, Comtech Systems, Inc., has received a $4.9 million order for additional AN/TRC-170 modem upgrade kits from a major U.S. contractor under the U. S. Army Common Hardware Software-3 (CHS-3) Contract.
12/03/07Wireless Matrix Receives 800 Unit Order From Class 1 Rail Company
Wireless Matrix Corporation (TSX:WRX) announced receipt of an order for 800 Mobile Base Station 2 (MBS2-LPR) rail units from a leading Class 1 Rail Company. The MBS2-LPR units will be employed by the rail company, an existing Wireless Matrix customer, throughout their operational area. They will provide wireless communications and support of locomotive operations. The units will be shipped and deployed throughout the 2008 calendar year.
12/03/07Comtech Telecommunications Corp. Awarded $5.6 Million in Orders for High Power Amplifiers
Comtech Telecommunications Corp. (NASDAQ: CMTL) announced that its Melville, New York-based subsidiary, Comtech PST Corp., has received $5.6 million in orders from a domestic prime contractor to supply broadband, solid state, high power radio signal jamming amplifiers.
11/30/07Aguascalientes Signs $2-Million Purchase Order for 2.4GHz Broadband Wireless Network in Mexico
Tranzeo Wireless Technologies Inc. (TSX:TZT) has received a $2-million purchase order from Canadian customer FaciNet Enterprise Inc. for its 2.4GHz wireless broadband network in Aguascalientes, Ags, Mexico, scheduled deliveries to commence in Q1 2008.
11/28/07Canada Ramps Up Competition with Broadband Wireless Spectrum Auction
Quebecor Media Inc. and its subsidiary Videotron Ltd. are pleased by the public policy decision announced today to expand competition in Canada's wireless business to the benefit of consumers. Quebecor Media will participate in the spectrum auction and is confident that the outcome will allow the company to invest $500 million to build a broadband wireless network using the latest-generation technologies.
11/19/07Broadcom Announces New $1 Billion Share Repurchase Program
Broadcom Corporation (Nasdaq: BRCM ) announced that at its regular quarterly meeting yesterday the company's Board of Directors authorized a new program to repurchase shares of Broadcom's Class A common stock having an aggregate value of up to $1.0 billion, depending on market conditions and other factors. Repurchases under the program may be made from time to time at any time during the period commencing November 19, 2007 and extending through and including December 31, 2008.
11/19/07Craig Wireless Systems Ltd. Wins Broadband Wireless Spectrum Auction for WiMAX Network in Norway
Craig Wireless Systems Ltd. (TSX: CWG) announced that it has won an auction for 50 MHz of 2500-2690 GHz spectrum for Norway pursuant to the Norwegian Post and Telecommunications Authority Competitive Auction Selection Procedure that commenced on November 5, 2007 and terminated with Craig Wireless as the winning bidder for the Spectrum on November 13, 2007. Craig Wireless' winning bid for the license to use the Spectrum was 72,391,000 Norwegian Kroners, which is the equivalent of approximately CDN $12.7 million.
11/15/07FiberTower Service Revenue Increases 17% with 669 Wireless Ethernet Backhaul Links for Sprint's 4G Broadband Wireless Network
FiberTower Corporation (Nasdaq: FTWR), a wireless backhaul services provider, reported results for the third quarter ended September 30, 2007. Service revenues for the three months ended September 30, 2007 increased $1.1 million or 17%, to $7.3 million as compared to $6.2 million for the second quarter of 2007. The increase in service revenues during the third quarter of 2007 was driven by ongoing trends including greater penetration in existing markets resulting in new customers on existing sites, increased T-1s per site and continued expansion in sites billing.
11/15/07MetroBridge Networks Announces Third Quarter 2007 Results
MetroBridge Networks International Inc. (TSX-V: MEB), a premier high-speed wireless broadband provider for business with operations in Canada and the United States, today announced results for the third quarter ended September 30, 2007. All figures in Canadian Dollars unless otherwise stated.
11/14/07Redline Reports 85% Q3 2007 Increase in Revenue
Redline Communications Group Inc. (TSX and AIM: RDL), a leading provider of WiMAX and wireless broadband solutions, announced results for Redline Communications, Inc., for the three- and nine- month periods ended September 30, 2007.
11/13/07Sprint Nextel and Clearwire Terminate WiMAX Letter of Intent
Sprint Nextel (NYSE: S) and Clearwire (NASDAQ: CLWR) have mutually agreed to terminate the Letter of Intent (LOI) signed in July 2007. The two companies could not resolve complexities associated with the LOI and failed to reach final agreement on the terms of the transaction.
11/12/07Wireless ISP Announces Strong Third Quarter Results for 35 Canadian Broadband Wireless Coverage Areas
We are very pleased with our results for the third quarter. TeraGo extended its quarterly record of revenue increases as a result of the expansion of our sales and customer support teams and market expansion strategy. This marks our fourteenth consecutive quarter of revenue growth. TeraGo's wireless broadband network now reaches 35 markets across Canada.
11/12/07Hughes Communications, Inc. Reports Third Quarter 2007 Increase of 11.5%
Hughes Communications, Inc. (Nasdaq: HUGH) announced financial results for the third quarter ended September 30, 2007. Hughes' consolidated operations are classified into three reportable segments: VSAT; Telecom Systems; and Parent and Other.
11/12/07EarthLink Announces Agreement for SK Telecom to Invest Up To $270 Million in Helio
EarthLink, Inc. (Nasdaq: ELNK) announced that it has entered into an agreement under which SK Telecom (NYSE: SKM ) may invest up to $270 million in equity contributions to Helio, the joint venture for wireless voice and data services that the two companies formed in 2005.
11/12/07Towerstream Announces Third Quarter Financial Results
Towerstream (Nasdaq: TWER), a leading fixed wireless service provider, announced financial results for the third quarter ended September 30, 2007. For the third quarter, the Company reported total revenues of $1,764,689.
11/08/07Ceragon Networks Ltd. Announces Pricing of Follow-on Offering
Ceragon Networks Ltd. (NASDAQ and TASE: CRNT) announced the pricing of its follow-on offering of 6,600,000 ordinary shares at US$13.50 per share, with expected net proceeds to Ceragon of US$75.7 million, after deducting underwriting discounts and commissions and estimated offering expenses. Ceragon is offering 6,000,000 ordinary shares and a selling shareholder is offering the remaining 600,000 ordinary shares.
11/06/07MetroBridge to Acquire Wireless ISP Serving 3,000 Customers Six Counties in Utah for $5 Million
MetroBridge Networks International Inc. (TSX-V: MEB) is pleased to announce that it has signed a Letter of Intent to acquire Utah Broadband, LLC, a Salt Lake City-based company with operations in six counties including the Salt Lake City, Provo, and Park City metropolitan areas for $5.4 million. Utah Broadband has approximately 3,000 customers with an Average Revenue per User (ARPU) of approximately US$55 per month. The company is a profitable operation with annual revenues exceeding US$2.2 million.
11/06/07Harris Stratex Networks Reports Q1 Fiscal 2008 Financial Results
Harris Stratex Networks, Inc. (Nasdaq: HSTX ), a leading independent supplier of turnkey wireless transmission solutions, reported financial results for the first quarter of fiscal 2008, which ended September 28, 2007.
11/02/07Alcatel-Lucent Adds $11.8 Million Broadband Wireless Network to Children's Hospital Campus Contract
To date, UPMC's data center expansion projects are well underway; the optical and IP/MPLS metro backbone will be carrying live applications at the beginning of December; and the North American headquarters project for U.S. Steel Tower has been launched. In addition to moving forward within the scope of the original contract, Alcatel-Lucent, in conjunction with its new value-added reseller Johnson Controls, has been awarded an additional USD 11.8 million contract for a voice and data wireless infrastructure project at the new Lawrenceville campus for Children's Hospital of Pittsburgh of UPMC.
11/02/07Datagroup Signs Expansion Contract with Hughes for LMDS AIReach Broadband Wireless Internet Network in Ukraine
Hughes Network Systems, LLC announced that it has signed a follow-on contract with Datagroup, a leading telecommunications service provider in Ukraine, to implement its AIReach AB9400 point-to- multipoint broadband wireless system across the country.
11/02/07Harris Corporation Wins $7.7 Million Contract to Supply Broadband Wirelesss Ethernet Radio Systems to U.S. Marine Corps
Harris Corporation (NYSE: HRS) has been awarded a $7.7 million indefinite delivery/indefinite quantity contract to provide its RF-7800W Broadband Ethernet Radio system to the U.S. Marine Corps to deliver high-bandwidth data networking capability closer to the battlefield.
10/29/07Firetide Closes $14.4 Million Series D Round to Fuel Growth in Response to Global Market Demand
Firetide Inc. announced that it has secured $14.4 million in Series D financing. The funding round includes existing investors plus the addition of Coral Capital Management, the lead investor in the round. Firetide will utilize the funds to further its global business strategy and to respond to growing market demand for its real-time video surveillance and mobile infrastructure solutions.
10/26/07Redline Communications Group Inc Begins Trading on the TSX Stock Exchange
Redline Communications Group Inc. (TSX/AIM: RDL) announced the completion of its placing of CDN$40.0 million ((pnds stlg)20.1 million) comprising of 6,155,000 common shares of no par value at a price of $6.50 ((pnds stlg)3.27) per share of which 4,625,000 were from treasury and 1,530,000 were secondary. Effective from this date, the Company's shares will commence trading on the TSX and AIM under the symbol 'RDL'.
10/26/07Broadband Wireless Beam Forming Antenna Alliance Launched by Navini, Beceem, Fujitsu, Runcom
In an effort to drive harmonized system performance and interoperability of Smart Antenna systems, Navini, Beceem, Fujitsu and Runcom announce the formation of the "SMart Antenna RF Test" Alliance (SMART). This alliance has been formed to promote the adoption and implementation of Beamforming (BF) and Beamformed MIMO (BF + MIMO) which are included in the 802.16e-2005 specification published by the IEEE and adopted by the WiMAX Forum for Mobile WiMAX certification under Wave 2. Smart Antenna systems are already deployed in commercial Mobile WiMAX networks today.
10/25/07Cisco Snaps Up Leading WiMAX Vendor for $330 Million
Cisco Systems Inc. is buying privately held Navini Networks Inc. for $330 million, extending the networking equipment maker's acquisition streak and providing the latest validation for the broadband wireless WiMAX networking technology.
10/25/07ERF Wireless Acquires Momentum Online Adding 2,500 Customers and $1,200,000 Recurring Annual Revenue
ERF Wireless (OTCBB: ERFW) announced that the company has completed the acquisition of the assets and operations of Momentum Online Internet Services Inc. and Momentum Online Computer Services Inc. The transaction, which closed on October 17, 2007, is the ninth such acquisition by ERF Wireless Inc. of a Texas-based wireless Internet service provider and includes all of the current customers and network infrastructure equipment of Momentum Online, including approximately 33 tower locations.
10/24/07Radyne's Advanced Over-the-Horizon Troposcatter Antennas and Amplifiers Bounce Broadband Wireless Signals over the Earth's Curvature
Radyne Corporation (Nasdaq:RADN) announced it received two orders of its advanced high capacity troposcatter modem, the TM-20. One of the orders also included companion amplifiers from its Xicom business unit. The orders for an international Oil and Gas firm and for a United States Government customer have a total value of approximately $800,000.
10/23/07Platforms Wireless Announces Stockholders Meeting and Issues Business Update
Platforms Wireless International Corporation (Pink Sheets: PLFM) announced that it has scheduled its 2007 Annual Stockholders Meeting on Tuesday, December 4, 2007 at the Ronald Reagan Presidential Library in Simi Valley, California. The meeting will commence at 1 p.m. PST and is only open to stockholders of record as of November 2, 2007.
10/22/07ADC Agrees to Acquire LGC Wireless for $169 Million
ADC (NASDAQ: ADCT) announced an agreement to acquire LGC Wireless, a market leader in specialized wireless coverage and capacity solutions for carriers and the enterprise. This acquisition represents a central part of ADC's All IP Radio Access Network (IP RAN) strategy announced earlier this year. LGC's network systems mobile switching and wireless office solutions will augment ADC's existing outdoor solutions.
10/17/07MetroBridge to Acquire Canadian Wireless ISP for $9 Million
MetroBridge Networks International Inc. (TSX-V: MEB) announced that it has signed a Letter of Intent to acquire 100% of the issued and outstanding common shares of WiBand Communications Corp., a Winnipeg, Manitoba-based company with operations in Winnipeg, Calgary, and Edmonton for $9 million. WiBand has approximately 700 customers with Average Revenue per User (ARPU) of approximately $425 per month. WiBand is a profitable operation with annual revenues of approximately $5 million and EBITDA of $1 million.
10/12/07Mobile Broadband Will Generate More Than US$400 Billion in Service Revenues in 2012
Mobile broadband will generate more than US$400 billion in service revenues in 2012, according to Future Mobile Broadband: Revenue Opportunities for HSPA to LTE, EV-DO to UMB & WiMAX, a new strategic report from Informa Telecoms & Media.
10/12/07Far EasTone Chooses Nortel WiMAX Solution to Deliver Mobile Broadband Services in Taiwan
Residents of Taipei County in Taiwan will benefit from ubiquitous broadband wireless access when Far EasTone Telecommunications (FET), one of Taiwan's largest telecommunications operators, launches its Mobile WiMAX network from Nortel (TSX: NT)(NYSE: NT).
10/12/07ERF Wireless Acquires Rights to Prime Southeast Texas Vertical Real Estate to Support its Broadband Wireless Business Strategy
ERF Wireless (OTCBB: ERFW) announced that, through an affiliate of the company, it has signed a contract to acquire the largest transmission tower facility in Galveston County, Texas to serve as the wireless transmission hub for most of the ERF Wireless banking and wireless broadband networks in the southeastern part of Texas.
10/10/07BBN Technologies Awarded $10.8 Million Contract to Design and Develop Technology for Ultra-large (tens of thousands of nodes), Highly Adaptive, Ad Hoc Broadband Wireles Networks
BBN Technologies announced it has been awarded $10.8 million in funding by the Defense Advanced Research Projects Agency (DARPA) for the Wireless Adaptive Network Development (WAND) program, in a contract awarded by the Air Force Research Laboratory (AFRL). As prime contractor on the program, BBN will lead a team that includes Shared Spectrum Corporation; SPARTA; the University of Pennsylvania; Virginia Tech; University of California, Santa Cruz; Palo Alto Research Center; and Agile Communications.
10/10/07EFJ, Inc.'s 3e Technologies International Subsidiary Receives $7.7 million Award From U.S. DoD
EFJ, Inc. (Nasdaq: EFJI) announced that its 3e Technologies International (3eTI) subsidiary has been funded by a U.S. Department of Defense (DoD) customer to provide the U.S. Navy with a secure wireless video and mobility solution. The funding is part of a time and materials-based contract vehicle with a ceiling of $7.7 million. The order is currently incrementally funded in the amount of $2.2 million.
10/10/07Endwave Wins Additional Frequency Bands for a New Adjustable Data-Rate Microwave Radio Platform
Endwave Corporation (Nasdaq: ENWV ) announced the receipt of a new contract from a major wireless telecommunications OEM totaling approximately $1.7 million. This contract covers the design and initial production deliveries for new RF subsystems which address two additional licensed frequency bands for point-to-point radios, expanding upon the previous contract award to Endwave that was announced in January of 2007.
10/06/07Atheros Announces Record Revenue in the Third Quarter of $106.3 Million
Atheros Communications, Inc. (Nasdaq: ATHR) announced financial results for the third quarter of 2007, ended Sept. 30, 2007. Revenue in the third quarter was a record $106.3 million, up five percent from the $100.8 million reported in the second quarter of 2007 and up 34 percent from the $79.6 million reported in the third quarter of 2006.
10/03/07Ceragon Networks Ltd. Files Registration Statement for Follow-On Offering of 6, Million Shares
Ceragon Networks Ltd. (NASDAQ: CRNT) announced that it has filed a registration statement with the U.S. Securities and Exchange Commission for a proposed follow-on offering of 6,000,000 ordinary shares.
10/03/07RELM Wireless Receives Orders Totaling $2.6 Million from Federal Agencies
RELM Wireless Corporation (Amex: RWC ) announced that it has received orders totaling $2.6 million from agencies of the United States Federal Government. Approximately 86% of the orders are for P25-compliant, digital products, most of which were shipped during the third quarter of 2007. The balance of the orders is expected to ship during the fourth quarter of 2007.
09/28/07Redline Announces Notice Shareholder Proxy Circular for Reorganization
Redline (AIM: REDL) announces it will hold an extraordinary general meeting ("EGM") on Wednesday, October 17, 2007, at 10:00a.m. eastern standard time. The meeting will take place at the Company's corporate headquarters at 302 Town Centre Boulevard, Suite 100, Markham, Ontario, L3R 0E8, Canada.
09/24/07Craig Wireless Systems (MMDS Spectrum) Commences Trading on Toronto Stock Exchange
Craig Wireless Systems Ltd. (TSX: CWG) begins trading on the Toronto Stock Exchange under the symbol "CWG". The TSX listing follows the recently completed $40-million private placement and going public transaction by Craig Wireless, which was previously a private company.
09/24/07KeyOn Communications Holdings, Inc. to Announce Second Quarter 2007 Results
KeyOn Communications Holdings, Inc. (OTC Bulletin Board: KYCS), a leading provider of wireless broadband, including WiMAX, and voice-over-Internet Protocol (VoIP) services in secondary and rural markets, will announce its second quarter financial results after the market closes on Monday, September 24, 2007. The company's management intends to host an earnings conference call at 2:00 p.m. PT on the same day.
09/24/07SK Telecom Funds Up to $270 Million for Broadband Wireless Joint Venture with EarthLink
EarthLink, Inc. (Nasdaq: ELNK) confirmed the announcement by SK Telecom (NYSE: SKM) that the South Korean company will invest up to $270 million in Helio, their wireless voice and data services joint venture.
09/20/07Samsung Increases New Round of Funding to $27 Million for picoChip's WiMAX Chipset Business
picoChip announced that Samsung has made a strategic investment in the company. The amount of the investment is undisclosed, and forms part of the $27 million of new investment D-round announced in July by picoChip which was led Highland Capital Partners. The round has brought the total company funding to $70.5 million, placing picoChip in an unrivalled position to build upon the success it has already achieved in the wireless infrastucture market.
09/19/07T-Mobile to Acquire SunCom Wireless for $2.4 Billion
T-Mobile USA, Inc. and SunCom Wireless Holdings, Inc. (NYSE: TPC) announced today that they have entered into a definitive merger agreement for the acquisition by T-Mobile USA of all of the outstanding shares of common stock of SunCom, for an aggregate of approximately $2.4 billion in cash and assumed debt. This includes cash payment of approximately $1.6 billion and $0.8 billion net debt. T-Mobile USA is a wholly owned subsidiary of Deutsche Telekom AG (NYSE: DT).
09/19/07Pathcom Wireless Sells Wireless ISP Business and Spectrum to Barrett Broadband Networks
Pathcom Wireless Inc. is pleased to announce the sale of its rural residential business and 3.5GHz licensed spectrum to Barrett Broadband Networks. The sale marks Pathcom's refined focus on its core business of providing wireless communications services to meet the requirements of commercial customers in remote underserved locations.
09/18/07Proxim Wireless to Present Municipal Wireless Network Business Case at Upcoming Financial Conferences
Proxim Wireless Corporation (NASDAQ: PRXM), a leader in core-to-client solutions for broadband municipal wireless networks and formerly Terabeam, announced participation in two upcoming events with the financial community.
09/18/07TelASIC Communications Secures $12.5 Million in Funding
TelASIC Communications, supplier of Remote Radio Head (RRH) products for HSDPA/WCDMA, announced the closing of a $12.5 million round led by ATA Ventures. The current TelASIC investors, including Mission Ventures, Redpoint Ventures, and The IPO Group also participated in the round.
09/18/07DragonWave Inc. Announces Proposed Common Share Offering
DragonWave Inc. (TSX: DWI, AIM: DWI) announced that it has filed a preliminary short form prospectus in each of the provinces of Canada, other than Québec, in connection with an overnight-marketed public offering (the "Offering") of common shares.
09/18/07Internet America Reports Reports Annual Broadband Wireless Internet Subscriber Growth of 80%
While Internet America's total subscriber base decreased by 8.6% to 34,200 at June 30, 2007 -- due to disconnects of legacy dial-up Internet customers -- the Company's broadband wireless Internet subscriber base increased 79.7% to 5,750 as of June 30, 2007. The Company's current broadband wireless Internet subscriber base is approximately 7,100.
09/18/07GrenTech Obtains Orders to Provide CDMA RF Modules for China's Largest Base Station OEM
China GrenTech Corporation Limited (Nasdaq: GRRF) announced that it won a bid from the largest domestic base station equipment manufacturers for the procurement of RF parts and components during the second half of 2007. GrenTech obtained the largest share of the overall arrangement and will provide CDMA and WCDMA filters for this customer.
09/06/07Wireless ISP to Participate at the Kaufman Bros., L.P. 10th Annual Investor Conference
iBroadband (OTC Bulletin Board: IBBD), a leading fixed wireless broadband service provider headquartered in Dallas, Texas, announced today that its President and CEO, Matt Hutchins, will be presenting at the Kaufman Bros., L.P. 10th Annual Investor Conference September 5-6, 2007, The W Hotel, 541 Lexington Avenue, between 49th & 50th Streets, New York, NY 10022.
09/05/07Terabeam Rebrands Its Image with Corporate Name to Proxim Wireless
Terabeam, Inc. (NASDAQ:TRBM) announced that it will change its corporate name to "Proxim Wireless Corporation," the current name of its largest operating unit. In connection with the name change, the company will also change its ticker symbol from TRBM to PRXM. The company's stock will continue to trade on the Nasdaq Capital Market.
08/29/07MetroBridge Networks Announces Second Quarter 2007 Results
MetroBridge Networks International Inc. (TSX-V: MEB), a premier high-speed wireless broadband provider for business with operations in Canada and the United States, today announced results for MetroBridge Networks Corporation for the second quarter ended June 30, 2007.
08/29/07Earthlink Eliminates 900 Jobs as Broadband Competitors Consume Existing Dialup Customers
EarthLink, Inc. (Nasdaq: ELNK) announced a corporate restructuring plan. This plan will reduce operating costs across the company. The restructuring will begin immediately and be completed by the end of the year.
08/28/07Network of 350 Wireless Communications Towers and Over 1,100 Route Miles of Dark Fiber Receives $250 Million Credit Facility from GE
Commercial Finance's Media, Communications & Entertainment business today announced it has provided a $250 million senior secured credit facility to Lightower, a new entity formed by management, M/C Venture Partners and Wachovia Capital Partners to acquire the communications assets of National Grid Wireless U.S. from National Grid plc. GE - Media, Communications & Entertainment is the administrative agent and GE Capital Markets acted as sole bookrunner and sole lead arranger for the facility. National Grid Wireless U.S. will now be known as Lightower.
08/28/07MagtiCom Picks Harris Stratex Networks for $4 Million Broadband Wireless Infrastructure Expansion
Harris Stratex Networks, Inc. (NASDAQ: HSTX) has secured two contracts totalling more than $4 million with MagtiCom, the leading mobile operator in Georgia. Harris Stratex Networks Eclipse advanced nodal wireless networking platform will be deployed to offer low-capacity access as well as high-capacity backhaul of both Super-PDH and native Ethernet traffic, extending MagtiCom's wireless infrastructure.
08/27/07TMT Capital Corporation Consummates Merger and Acquisition With Freedom Wireless Corporation
TMT Capital Corporation (OTC Bulletin Board: TMTP) announced that it has consummated a merger and acquisition of Freedom Wireless Corporation, a private Florida Corporation. Freedom Wireless Corporation promotes, develops and produces hardware and services focused on the wireless, VOIP , Wi-Fi and cellular markets. With its unique patent pending technologies, Freedom Wireless is focused to become the leader in Wireless and Voice over IP on a Global basis.
08/25/07National Grid Wireless Changes Name to Lightower
National Grid Wireless announced that it has changed its corporate name to Lightower. The name change comes after the completion of the purchase of the wireless assets, fiber optic infrastructure and wireless services organization by M/C Venture Partners and Wachovia Capital Partners, announced in May 2007.
08/23/07Golden Telecom Signs Broadband Wireless Contract With McDonald's for WiFi Services
Golden Telecom, Inc. (NASDAQ: GLDN), the leading provider of integrated telecommunications and Internet services in the largest population areas throughout Russia and other countries of the Commonwealth of Independent States ("CIS"), announces that it has signed the agreement to provide WiFi equipment and services to McDonald's company.
08/23/07Microfinance Equity Fund Develops Broadband Wireless Internet Service Providers for Rural Markets that Provide Drive-by Wi-Fi Internet Service for $1 Per Customer
United Villages, Inc., a rural Internet Service Provider, provides people in the developing world with a lifetime phone number, email address, Internet access, and a stored-value account for under $1 per person in cost to the company. By installing its low-cost Mobile Access Points (MAPs) on existing vehicles (e.g. buses and motorcycles) that pass through rural areas, United Villages enables access for WiFi-enabled kiosks along village roads.
08/23/07MetroBridge Networks to Report Second Quarter Results August 28th
MetroBridge Networks International Inc. (TSX-V: MEB) a premier high-speed wireless broadband provider for business in British Columbia with operations in Arizona, today announced it will release financial results for the second quarter ended June 30, 2007 before markets open on Tuesday, August 28, 2007.
08/21/07Motorola Completes Acquisition of Leapstone Systems
Motorola, Inc. (NYSE: MOT ) has completed the acquisition of privately-held Leapstone Systems, Inc. Leapstone is a leading communications software developer that provides a unified platform for rapidly creating, managing and delivering converged video, voice and data service bundles across multiple networks and devices. Terms of the transaction were not disclosed.
08/21/07VimpelCom Extends Harris Stratex Networks Broadband Wireless Transmission Supply Contract
Harris Stratex Networks, Inc. (Nasdaq: HSTX) announced that VimpelCom has extended its contract with the company to supply microwave transmission solutions for its mobile infrastructure build-out through the end of 2008. A long-standing customer of Harris Stratex Networks, VimpelCom is the leading mobile operator in Russia, providing its services under the Bee Line GSM brand.
08/20/07Consistel Receives Broadband Wireless Investment Capital from JAFCO Asia and Intel Capital
Consistel Pte Ltd announced the completion of a successful round of equity financing jointly led by JAFCO Asia and Intel Capital. Consistel is a broadband wireless network solutions provider and system integrator specializing in in-building coverage solutions, network planning and optimization, revenue assurance and other network services for the wireless telecommunications industry, which is undergoing significant transformation from 2G to 3G/3.5G and WiMAX.
08/17/07Sprint Nextel Plans Soft Launch of WiMAX Broadband Wireless Services for Fourth Quarter 2007
The company expects to generate between $2B and $2.5B in revenues for the fiscal year 2010 with more than 80% generated from new lines of business. The company expects that the WiMAX initiative will be positive for Operating Income Before Depreciation and Amortization (OIBDA) in 2010.
08/15/07Towerstream Announces Second Quarter Financial Results
Towerstream (Nasdaq: TWER) announced that for the second quarter the Company reported total revenues of $1,632,061 and a net loss of $2,388,587 or $0.09 per share.
08/15/07AbsoluteSKY Updates Shareholders On Company Activities
AbsoluteSKY, Inc. (Pink Sheets:ABSY) provided status to shareholders . The activity update comes in the wake of launch installations of its real-time inventory tracking system at key early-adopter sites earlier this Spring -- notably one with Staples Business Depot, the world's largest office products company, who implemented the intelliTRACKER(tm) system at a Canadian store in May 2007 via contract with Fujitsu Transaction Solutions, AbsoluteSKY's reseller and strategic partner.
08/15/07Terago Announces Second Quarter Results
TeraGo Inc. (TSX: TGO) announces its results for the second quarter ended June 30, 2007.
08/13/07ERF Wireless Reports Reports 526% Increase in Broadband Wireless Revenues and Strong Outlook for the Second Half of 2007
ERF Wireless (OTCBB: ERFW) announced that the company has filed its Form 10-QSB with the Securities and Exchange Commission reporting results for the second quarter ended June 30, 2007.
08/09/07Keithley Instruments Acquires RF Waveform Technology for WiMAX, MIMO and WLAN Technology
Keithley Instruments, Inc (NYSE: KEI) announced the acquisition of Lyocom, Inc., a private company located in Richfield, Ohio. Terms were not disclosed. Lyocom develops and sells software algorithms used for generating and analyzing complex digital waveforms. Keithley currently offers a broad suite of measurement capabilities for developers and manufacturers of wireless devices and products, so this technology extends Keithley's solutions to include WiMAX, MIMO (Multiple Input Multiple Output), and WLAN test applications.
08/06/07Sirenza Microdevices Reports Record Second Quarter 2007 Results
Revenue Record quarterly revenue of $46.7 million, as compared to $39.0 million year-over-year and $39.1 million sequentially Sequential and year-over-year revenue growth of 20%.
08/06/07Brazilian Wireless ISP and Redline to Build $30 Million WiMAX Broadband Wireless Network Across 52 Cities in Sao Paulo State
Redline Communications Inc. announced that Neovia, the major Brazilian wireless service provider, has chosen Redline's RedMAX products for the first stage of its planned US$30M fixed wireless network. Neovia is the first in Brazil to incorporate WiMAX Certified Equipment in its network, which serves more than 35,000 subscribers in 52 cities throughout Sao Paulo State.
08/02/07Alvarion Reports Record Revenues for Second Quarter 2007
Alvarion Ltd. (NASDAQ: ALVR - News ), the leading provider of WiMAX and wireless broadband solutions, today announced financial results for the second quarter ended June 30, 2007.
08/01/07BridgeWave Receives $7.8 Million to Accelerate Deployment of Gigabit Ethernet Wireless Solutions for Enterprise and 4G/WiMAX Backhaul Applications
BridgeWave Communications has secured $7.8 million in Series 3 financing. The funding round includes existing investors plus the additions of SDL Ventures and Intel Capital. BridgeWave will use the proceeds for the expansion of sales, marketing, service and manufacturing functions to meet the escalating demand for its gigabit wireless solutions.
08/01/07ERF Wireless Announces Second $6 Million WiNet Contract with Iberville Bank for Broadband Wireless Network Services
ERF Wireless (OTCBB: ERFW) announced that its Enterprise Network Services subsidiary (ENS) has entered into its second ten-year, multi-million dollar WiNet System Agreement this month with a Louisiana bank. The new contract with Iberville Bank in Plaquemine, Louisiana, will utilize the bank's excess bandwidth and wireless infrastructure to provide Wireless Internet Service Products (WISP) to the bank's commercial and retail customers in the Greater Baton Rouge area.
07/31/07MobilePro Corp. Spins Off Operating Unit that has been Managing Sprint's MMDS Broadband Wireless (WiMAX) Network for the Past Eight Years
Kite Networks is one of the leading pioneers in Municipal WiFi networks in the U.S. Kite Networks provides service to over 17,000 Sprint customers across 21 markets in 11 states on Sprint's 2.5GHz licensed broadband wireless networks. The company is now seeking private equity investments to expand its own broadband wireless network build-out as well as the capital needed to build out Sprint's WiMAX network.
07/30/07Google Plans to Bid $4.6 Billion on Advanced Wireless Spectrum (AWS)
Google Intends to Bid in Spectrum Auction If FCC Adopts Consumer Choice and Competition Requirements
07/26/07Telsima Closes $25 Million for WiMAX Broadband Wireless Networks in India
Telsima Corporation announced that it has secured up to $25 million working capital debt financing. SVB Silicon Valley Bank, based in Santa Clara, Calif., provided the debt facility. Telsima will deploy this working capital debt to speed up the supply of Telsima StarMAX family of products to its customers through enhanced performance and increased generating capacity.
07/26/07Terabeam Completes $7.5 Million Private Placement
Terabeam, Inc. (NASDAQ: TRBM) announced that it has completed a private placement of its common stock raising proceeds of approximately $7,500,000. Terabeam issued 4,300,000 shares of its common stock at $1.75 per share and warrants to purchase an aggregate of 2,150,000 shares of its common stock at an exercise price of $2.45 per share. The net proceeds of the sale of the common stock and the warrants are to be used for working capital and general corporate purposes.
07/26/07Terabeam Lays Foundation for Profitable Broadband Wireless Growth
Terabeam, Inc. (NASDAQ: TRBM) announced preliminary financial results for the second quarter of 2007 and cost-saving measures which, together with the recently announced private investment, lay the foundation for profitable growth in the future.
07/25/07Network Chemistry Sells Its Broadband Wireless Security Business to Aruba Networks
Network Chemistry announced that Aruba Networks (NASDAQ: ARUN) has acquired its wireless security business. This divestment enables Network Chemistry to focus entirely on its rapidly growing IT management business.
07/25/07Wavecom and Airbiquity Sign Global Licensing Agreement for Automotive CDMA Broadband Wireless Applications
Airbiquity Inc. announced a partnership in which it provides Wavecom SA with Airbiquity's GSM and CDMA in-band modem software technology. As a result of the global licensing agreement, Wavecom and Airbiquity will be able to offer complete end-to-end data communication solutions that reduce overall development time for customers.
07/25/07Bentley Walker Buys Hughes HX Broadband Satellite Network Operations Center
Hughes Network Systems, LLC (HUGHES) announced that Bentley Walker has purchased an HX System Network Operations Centre (NOC), a compact, cost-effective satellite solution for smaller networks that provides high Quality of Service. The HX platform employs the most efficient implementation of the DVB-S2 industry standard including Adaptive Coding and Modulation (ACM), and is fully compliant with IPoS (IP over Satellite), the first global satellite industry standard approved by TIA in North America, and ETSI and ITU in Europe.
07/24/07Kalimat Telecom Picks Huawei Technologies to Deliver $275 Million National Broadband Wireless CDMA Network
Kalimat Telecom, winner of Iraq's first national license to provide a full-scale fixed wireless network, awarded a USD $275 million infrastructure contract to Huawei Technologies. The Kalimat-Huawei Memorandum of Understanding, signed this morning in the presence of Kalimat's President and CEO, Mr. Wilson Varghese and Mr. Li Huang, Vice President Huawei Tech. Investment Corp, is one of several Kalimat agreements formalized this week.
07/23/07Wireless ISP Announces New $9 Million WiNet Contract with Louisiana Bank
ERF Wireless (OTCBB: ERFW) announced that its Enterprise Network Services subsidiary has entered into its first ten-year WiNet System Agreement. This new contract is with First Federal Bank of Lake Charles, Louisiana, to utilize the bank's excess bandwidth and wireless infrastructure to provide Wireless Internet Service Products (WISP) to the bank's commercial and retail customers in southwest and central Louisiana.
07/23/07LCC International Has Received Contract Extension on Saudi Telecom's 3G Wireless Expansion
LCC International, Inc., (NASDAQ: LCCI) announced that it has been awarded a contract extension by Saudi Telecom (STC) to lead the Planning, Design and Engineering efforts to expand and further improve STC's wireless infrastructure and services. The Scope of Work will cover 2G and 3G networks. The contract amounts to SAR 79.5mil (approximately $21.2 mil) to be completed by mid 2008, after which further extensions are expected to follow.
07/23/07BT and T-Mobile Reach Major Broadband Wireless Network Agreement
T-Mobile and BT Wholesale announced a new agreement that sees BT link thousands of T-Mobiles base station sites around the UK to the T-Mobile network. The contract, potentially worth several hundred million pounds over the next five years, will deliver T-Mobile a cost-efficient and flexible next generation service to support its growth plans and help avoid any investment risk in building out its own capability.
07/19/07ZTE USA Signs WiMAX Master Purchase Agreement with Sprint for WiMAX CPEs
ZTE USA, Inc. announced that it has entered into a master purchase agreement with Sprint Nextel (NYSE: S). Under the terms of the agreement, ZTE will supply Sprint with WiMAX PC cards in express and USB form factors, and advanced modem solutions for home networking. The agreement was marked by a contract signing ceremony at Sprint's Herndon, Va. offices involving Mr. Hou Weigui, chairman, ZTE Corporation, and Barry West, President, 4G Mobile Broadband, Sprint.
07/19/07ERF Wireless Anticipates Over $130 Million from Wireles Internet Service Provider Services in Louisiana
ERF Wireless (OTCBB: ERFW) announced that its ERF Enterprise Network Services subsidiary has successfully completed a three-year testing and certification process for delivery of Wireless Internet Service Products (WISP) securely across a financial institution's BranchNet system and the company's US-BankNet infrastructure. These advanced digital wireless products and services will be delivered under the brand name "WiNet by ERF Wireless". .
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