| 05/07/08 | WiMax 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. |
| 05/07/08 | Person 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. |
| 05/07/08 | RELM 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. |
| 05/06/08 | Predicting 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. |
| 05/06/08 | SR 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. |
| 05/02/08 | Proxim 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. |
| 04/30/08 | Airspan'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. |
| 04/28/08 | Wireless 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. |
| 04/24/08 | Airspan 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. |
| 04/22/08 | Skyriver 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. |
| 04/16/08 | Setting 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. |
| 04/15/08 | Airspan 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. |
| 04/11/08 | Vodafone 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. |
| 04/09/08 | CenturyTel 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. |
| 04/03/08 | CommScope 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. |
| 04/02/08 | RadioShack 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. |
| 04/01/08 | SiGe 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. |
| 04/01/08 | Camiant 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. |
| 03/29/08 | Growth 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. |
| 03/27/08 | WPCS 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. |
| 03/26/08 | Tyco 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. |
| 03/19/08 | Towerstream Announces Fiscal 2007 Results
Revenues increase 21.9% in Fourth Quarter 2007 over Fourth Quarter 2006 |
| 03/13/08 | Airspan 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. |
| 03/12/08 | Top 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. |
| 03/12/08 | Canadian 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. |
| 03/10/08 | MobileMonday 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. |
| 03/06/08 | Ericsson 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. |
| 03/04/08 | Ultrawideband 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. |
| 03/04/08 | Wi-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. |
| 03/03/08 | Nearing 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. |
| 02/28/08 | Redline 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 |
| 02/27/08 | Airspan 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. |
| 02/25/08 | Commercial 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. |
| 02/21/08 | Galaxia 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. |
| 02/08/08 | Wavecom 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." |
| 02/08/08 | WiNetworks 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. |
| 02/08/08 | Alvarion 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. |
| 02/07/08 | Airvana 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. |
| 02/06/08 | Unity 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. |
| 01/30/08 | DragonWave 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. |
| 01/29/08 | Lithuanian 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. |
| 01/24/08 | Franklin 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). |
| 01/23/08 | Ericsson 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. |
| 01/23/08 | Wireless 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. |
| 01/22/08 | 2007 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. |
| 01/17/08 | Colubris 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. |
| 01/17/08 | Aptilo 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. |
| 01/11/08 | Martin 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. |
| 01/11/08 | International 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. |
| 01/11/08 | DragonWave 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. |
| 01/11/08 | Solectek 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. |
| 01/11/08 | Wi-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. |
| 01/07/08 | NextWave 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. |
| 01/01/08 | SR 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. |
| 01/01/08 | Intel 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. |
| 12/28/07 | CommScope 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. |
| 12/27/07 | NewMarket 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. |
| 12/26/07 | Endwave 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. |
| 12/19/07 | Wireless 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. |
| 12/12/07 | Ceragon 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). |
| 12/10/07 | Department 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 ). |
| 12/10/07 | Vivato 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. |
| 12/07/07 | ERF 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. |
| 12/07/07 | Airport 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. |
| 12/07/07 | Comtech 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. |
| 12/03/07 | Comtech 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. |
| 12/03/07 | Wireless 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. |
| 11/30/07 | Aguascalientes 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. |
| 11/28/07 | Canada 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. |
| 11/19/07 | Broadcom 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. |
| 11/19/07 | Craig 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. |
| 11/15/07 | FiberTower 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. |
| 11/15/07 | MetroBridge 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. |
| 11/14/07 | Redline 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. |
| 11/13/07 | Sprint 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. |
| 11/12/07 | Wireless 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. |
| 11/12/07 | Hughes 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. |
| 11/12/07 | EarthLink 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. |
| 11/12/07 | Towerstream 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. |
| 11/08/07 | Ceragon 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. |
| 11/06/07 | MetroBridge 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. |
| 11/06/07 | Harris 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. |
| 11/02/07 | Alcatel-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. |
| 11/02/07 | Datagroup 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. |
| 11/02/07 | Harris 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. |
| 10/29/07 | Firetide 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. |
| 10/26/07 | Redline 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'. |
| 10/26/07 | Broadband 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. |
| 10/25/07 | Cisco 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. |
| 10/25/07 | ERF 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. |
| 10/24/07 | Radyne'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. |
| 10/23/07 | Platforms 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. |
| 10/22/07 | ADC 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. |
| 10/17/07 | MetroBridge 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. |
| 10/12/07 | Mobile 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. |
| 10/12/07 | Far 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). |
| 10/12/07 | ERF 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. |
| 10/10/07 | BBN 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. |
| 10/10/07 | EFJ, 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. |
| 10/10/07 | Endwave 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. |
| 10/06/07 | Atheros 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. |
| 10/03/07 | Ceragon 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. |
| 10/03/07 | RELM 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. |
| 09/28/07 | Redline 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. |
| 09/24/07 | SK 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. |
| 09/24/07 | KeyOn 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. |
| 09/24/07 | Craig 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. |
| 09/20/07 | Samsung 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. |
| 09/19/07 | T-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). |
| 09/19/07 | Pathcom 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. |
| 09/18/07 | Proxim 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. |
| 09/18/07 | Internet 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. |
| 09/18/07 | GrenTech 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. |
| 09/18/07 | TelASIC 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. |
| 09/18/07 | DragonWave 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. |
| 09/06/07 | Wireless 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. |
| 09/05/07 | Terabeam 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. |
| 08/29/07 | MetroBridge 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. |
| 08/29/07 | Earthlink 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. |
| 08/28/07 | Network 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. |
| 08/28/07 | MagtiCom 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. |
| 08/27/07 | TMT 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. |
| 08/25/07 | National 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. |
| 08/23/07 | Golden 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. |
| 08/23/07 | Microfinance 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. |
| 08/23/07 | MetroBridge 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. |
| 08/21/07 | Motorola 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. |
| 08/21/07 | VimpelCom 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. |
| 08/20/07 | Consistel 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. |
| 08/17/07 | Sprint 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. |
| 08/15/07 | Towerstream 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. |
| 08/15/07 | AbsoluteSKY 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. |
| 08/15/07 | Terago Announces Second Quarter Results
TeraGo Inc. (TSX: TGO) announces its results for the second quarter ended June 30, 2007. |
| 08/13/07 | ERF 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. |
| 08/09/07 | Keithley 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. |
| 08/06/07 | Brazilian 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. |
| 08/06/07 | Sirenza 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%. |
| 08/02/07 | Alvarion 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. |
| 08/01/07 | BridgeWave 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. |
| 08/01/07 | ERF 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. |
| 07/31/07 | MobilePro 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. |
| 07/30/07 | Google 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 |
| 07/26/07 | Telsima 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. |
| 07/26/07 | Terabeam 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. |
| 07/26/07 | Terabeam 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. |
| 07/25/07 | Wavecom 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. |
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