Distributor Brightstar Corp. is planning an initial public offering of up to $115 million, according to a new filing with the U.S. Securities and Exchange Commission.The company plans to use any proceeds from the offering for potential acquisitions of and investments in other businesses,...
Distributor Brightstar Corp. is planning an initial public offering of up to $115 million, according to a new filing with the U.S. Securities and Exchange Commission.The company plans to use any proceeds from the offering for potential acquisitions of and investments in other businesses,...
A planned update to 802.11, dubbed 802.11p, which will make cars more intelligent machines, could be a boon for both the telecom and automotive industries, according to predictions from ABI Research. 802.11p will lay the groundwork for Dedicated Short Range Communications (DSRC), which will...
LONDON-U.K. telecom regulator Ofcom detailed steps it plans to take to introduce spectrum trading in the country by the end of the year. Spectrum trading will allow license holders to buy and sell their rights in an open market, Ofcom said.The following license classes...
WASHINGTON-Leucadia National Corp., the New York investment firm seeking to buy at least 50 percent of MCI Inc., is remaining mum on whether it backs the revamped long-distance carrier's plans to re-enter the wireless space or any other aspect of the proposed telecom purchase."We...
CHARLOTTESVILLE, Va.-First Avenue Networks announced it plans to acquire wireless broadband service provider Teligent Inc., including its 24 GHz spectrum licenses, fixed wireless broadband operations and radio assets in a stock transaction worth $99 million.Following the transaction, First Avenue will hold more than 700...
HELSINKI, Finland-Nokia Corp. announced a $50 million contract with Indosat in Indonesia to enhance GSM service coverage and capacity in East Java.The first phase of the project has been completed, and phase two is under way.The Nokia contract comes a week after Indosat announced...
CHARLOTTESVILLE, Va.-First Avenue Networks, holder of an expansive portfolio of licensed spectrum, and wireless Internet service provider WindChannel Communications have partnered to build out WindChannel's licensed fixed wireless network. Through their agreement, WindChannel is leasing spectrum from First Avenue to build out a hybrid...
CALGARY-CSI Wireless Inc. announced product details and shipping plans for its new 410 series of GSM/GPRS fixed wireless telephones. CSI said product shipments are scheduled to begin in the third quarter of this year, and the phones will likely be sold under other companies'...
CAMBRIDGE, United Kingdom-Cambridge Broadband Ltd., which develops fixed wireless access technology, said it closed its series C financing round for a total of $15.25 million.Proceeds will be used to fund the company's expansion plans. The funding round was led by venture-capital firm Accel Partners."Very...
NEWARK, N.J.-IDT Corp. said it will reorganize its fixed wireless Winstar/IDT Solutions division.The group will focus on providing private line services, wholesale service, spectrum leasing and backhaul services to telecommunications companies and mobile and fixed-line carriers.Under the reorganization, IDT will no longer provide retail...
ALAMEDA, Calif.-UTStarcom Inc. said it has agreed to acquire the assets of Telos Technology Inc., a move that will rev up its CDMA business and its profile not only in the fixed wireless arena, but also in wide area networks."Acquiring Telos accelerates and expands...
LEDBURY, United Kingdom-A new study by BWCS and Senza-Fili Consulting predicts the U.S. market for broadband wireless access services based on technologies such as WiMAX will be worth $3.7 billion by 2009, with momentum picking up in the market around 2007.The study, "Wi-Fi, WiMAX...
NEWARK, N.J.-IDT Corp. said it will deploy commercial Wi-Fi phone service in the United States using its own network and infrastructure and Net2Phone's voice-over-Internet Protocol platform for routing calls. The service will initially be rolled out in the Ironbound section of Newark, N.J., within...
ATLANTA-Siemens Information and Communication Mobile Group said it plans to develop a complete solution for WiMAX radio networks, which will be available in the second half of next year.The solution will include base stations based on the IEEE 802.16d standard for fixed wireless broadband...
VERNON HILLS, Ill.-Telular Corp. said AT&T Wireless Services Inc. has approved two new Telular products for use on the carrier's GSM network.The products are Telular's Phonecell SX5D GSM/GPRS fixed wireless phone and the Phonecell SX5e GSM/GPRS fixed wireless terminal. The approval means consumers and...
LAS VEGAS-SkyBridge Wireless Inc. has selected Proxim's Tsunami equipment line of 23 GHz licensed products to deploy a fixed-wireless network backbone in Las Vegas. "The cost-effective and flexible Tsunami equipment allows us to build out our High Speed Fixed Wireless network to be able...
The acquisition beat goes on in the wireless equipment sector with several companies recently announcing purchases of other players. The increasing number of mergers is not surprising given the specific, still-developing sectors in which many of them are occurring, according to Ray Jodoin, director...
BOCA RATON, Fla.-Airspan Networks Inc. announced last week the completion of its acquisition of Nortel Networks' fixed wireless access business. The purchase price of $12.9 million was offset against Nortel customer prepayments totaling $14.9 million, which were acquired by Airspan as part of the...
SAN JOSE, Calif.-Citizens of the City of Cerritos, Calif., will ring in the new year in a Wi-Fi city, according to a recent announcement from Pronto Networks and Aiirnet Wireless, which plan to build and deploy a Wi-Fi hot zone to blanket the town....
FREMONT, Calif.-NextWeb has acquired managed telecom services provider Libritas Inc.'s managed service platform technology and customer base. The fixed wireless Internet service provider said the assets will expand its customer base and service capabilities in California. The acquisition follows the company's purchase of the...
SAN JOSE, Calif.-Citizens of the City of Cerritos, Calif., will ring in the new year in a Wi-Fi city, according to a recent announcement from Pronto Networks and Aiirnet Wireless, which plan to build and deploy a Wi-Fi hot zone to blanket the town....
CAMBRIDGE, United Kingdom-Operator reluctance and general market confusion represent significant barriers to the success of WiMAX, according to a new report from Pyramid. Pyramid believes fixed wireless operators, which have been disappointed by over-hyped technologies in the past, lack enthusiasm for WiMAX and will...
CAMBRIDGE, United Kingdom-Operator reluctance and general market confusion represent significant barriers to the success of WiMAX, according to a new report from Pyramid. Pyramid believes fixed wireless operators, which have been disappointed by over-hyped technologies in the past, lack enthusiasm for WiMAX and will...
