ST. PETERSBURG, Fla.-Broadband service provider Progress Telecom said it has acquired Pure Connection, which provides fixed-wireless services in Orlando."This acquisition allows Progress Telecom to expand the edge of its core fiber network via wireless broadband services," said Ron Mudry, president and chief executive officer...
With a handful of operators yet to post fourth-quarter and full-year 2004 results, the wireless industry is well on its way to reporting one of the highest customer growth quarters-and years-in history. That potential was bolstered last week by three of the nation's fastest-growing...
HENDERSON, Nev.-Alpha Wireless Broadband Inc. said its Seamless Peer 2 Peer subsidiary has acquired the Phenom software program. The Phenom software provides secure communication over Wi-Fi networks, local area networks and wide area networks. Seamless allows AWBI's other subsidiary, Skyy-Fi Inc., to offer its...
Rural telecommunications provider Ntelos Inc. said it has commenced a self-tender offer to repurchase up to 76 percent of its existing equity in relation to a previously announced agreement to be acquired by a pair of venture-capital firms.The self-tender offer calls for Ntelos to...
LOS ANGELES-French mobile-game publisher In-Fusio continued to move into the U.S. market with the acquisition of Thumbworks, a Tustin, Calif.-based provider of entertainment content.Terms of the deal were not disclosed.Specializing in the "connected gaming" arena, In-Fusio has established footholds in Europe and China. The...
ORLAND PARK, Ill.-Andrew Corp. said it acquired privately held Xenicom Ltd. for $11.5 million. Xenicom is a U.K.-based provider of software solutions that help telecommunications operators plan, launch, and manage wireless networks. Andrew said it would pay an additional undisclosed amount of cash if...
OSLO, Norway-The Mobile Media Co., which provides entertainment services and mobile marketing applications, acquired gaming developer MindX. The acquisition gives Mobile Media access to MindX's interactive crossword puzzle and quiz games to integrate into its range of services. MindX's games are played via short...
ORLAND PARK, Ill.-Andrew Corp. said it acquired privately held Xenicom Ltd. for $11.5 million. Xenicom is a U.K.-based provider of software solutions that help telecommunications operators plan, launch, and manage wireless networks. Andrew said it would pay an additional undisclosed amount of cash if...
U.S. antitrust authorities approved Alamosa Holdings Inc.'s bid to acquire fellow Sprint Corp. wireless affiliate AirGate PCS Inc. A Federal Trade Commission notice said officials have dropped their investigation of the deal without taking action.Alamosa said in December it would acquire AirGate for $392...
AALBORG, Denmark-Mobile data services and content company End2End has acquired Danish mobile virtual network operator MIGway A/S, the companies announced Wednesday.Terms of the deal were not disclosed.MIGway owns and operates a short message service center that provides interactive messaging services to customers across Europe...
VIENNA, Austria-Telekom Austria said it acquired a call option to purchase Bulgarian wireless carrier Mobiltel AD. The option gives the Austrian carrier the right to purchase full control of Mobiltel for up to $2.1 billion in late 2005. "The terms of the transaction underline...
WASHINGTON-Acquisition news continues its frantic pace with InPhonic Inc. and SmartServ Online Inc. both announcing purchases. First, Internet phone retailer InPhonic said it bought privately held A1 Wireless USA Inc., which also sells mobile phones over the Internet, for $20.9 million in cash and...
SARASOTA, Fla.-In a move that drove up its shares 6 cents, Global Signal Inc. said it plans to sell 2.9 million common shares. The company intends to acquire 233 communication sites in 13 states, such as Alabama, Michigan and New Hampshire, with the proceeds.Morgan...
Acquisition news continues its frantic pace with InPhonic Inc. and SmartServ Online Inc. both announcing purchases.First, Internet phone retailer InPhonic said it bought privately held A1 Wireless USA Inc., which also sells mobile phones over the Internet, for $20.9 million in cash and stock....
BELLEVUE, Wash.-Wireless Internet company InfoSpace Inc. continued its acquisition spree with the purchase of German wireless gaming company Elkware GmbH for $26 million in cash. Infospace said Elkware managed $1 million in revenues in its previous quarter. "We are excited about expanding our presence...
VIENNA, Austria-Telekom Austria said Friday it acquired a call option to purchase Bulgarian wireless carrier Mobiltel AD. The call option gives the Austrian carrier the right to purchase full control of Mobiltel for up to $2.1 billion in late 2005. "The terms of the...
Wireless Internet company InfoSpace Inc. continued its acquisition spree with the purchase of German wireless gaming company Elkware GmbH for $26 million in cash. Infospace said Elkware managed $1 million in revenues in its previous quarter."We are excited about expanding our presence in the...
Sprint PCS affiliate AirGate PCS Inc., which announced last week a definitive agreement to be acquired by fellow affiliate Alamosa Holdings Inc., reported financial results for the carrier's fourth fiscal quarter and year ended Sept. 30. The carrier said it added 9,296 subscribers during...
LG Electronics Co. Ltd., PalmSource Inc., SavaJe Technologies and China MobileSoft Ltd. all made waves on the operating-system front last week, announcements that further fractured an already complicated market. Indeed, as the mobile-phone industry continues to skyrocket, software vendors from all sectors are looking...
Siemens AG has acquired Chantry Networks, a step that will extend its enterprise offerings and Voice over Internet Protocol into the wireless local area network space. The deal climaxes both companies' relationship during the past few years, which involved Siemens' efforts to step up...
TEL AVIV, Israel-Wireless broadband company Alvarion Ltd. announced it completed its $40 million acquisition of wireless base station company InterWAVE Communications International Ltd. The closing ends a somewhat tenuous relationship between the two companies.Alvarion announced its intent to acquire InterWAVE in July, but then...
MONTREAL-Wireless publisher Airborne Entertainment announced Wednesday that it has acquired mobile developer Cellus USA Inc.Airborne, which develops and distributes games, messaging services, ringtones and graphics, said the acquisition will help solidify its position in the North American mobile entertainment market. Terms of the deal...
Operating system company PalmSource Inc. announced plans to acquire Chinese software vendor China MobileSoft Ltd. in an all-stock transaction valued at around $23 million. PalmSource's stock fell slightly after its announcement to about $14.15 per share.Under the terms of the transaction, PalmSource will issue...
BURNABY, British Columbia-WebTech Wireless, a fleet telematics company, said it plans to acquire all of GlobeTrac Inc.'s European location-based and telematics business.GlobeTrac plans to seek new business opportunities, according to the company."Europe's multibillion dollar market represents a huge growth opportunity for WebTech," said Anwar...
