Newly formed Civitas Wireless Solutions L.L.C. acquired Ricochet Networks Inc.'s wireless network and operations for the greater Denver metropolitan area. Terms of the deal were not disclosed. It was also announced that Ricochet has ceased operations of its San Diego network and will no...
The following list details this week's infrastructure awards for the cellular, Wi-Fi and WiMAX industries. The contracts are broken down by transmission technology, country and vendor. The value of the contract is included when available. CellularEurope: Blyk, a Pan-European MVNO, chose Nokia Siemens Networks...
SAN JOSE, Calif.—Terabeam Inc. reported first-quarter net losses of $4.5 million from revenue of $18.5 million. The company’s revenues were up from the $6.6 million it posted in the year-ago quarter, but Terabeam’s net losses also widened from last year’s net loss of $970,000.Terabeam...
Few names garner as much attention in the wireless space as Craig McCaw, who is often regarded as one the savviest investors in the industry. From the original creation of McCaw Cellular Communications Inc., which eventually was sold to AT&T Corp. for more than...
The Ricochet saga continues, with Falls Church, Va.-based YDI Wireless Inc. becoming Ricochet Networks Inc.'s fourth owner in two years.YDI bought the company for $3 million in cash, along with 42,105 shares of YDI common stock and a $300,000 unsecured note, payable over three...
The Ricochet saga continues, with Falls Church, Va.-based YDI Wireless Inc. becoming Ricochet Networks Inc.'s fourth owner in two years.YDI bought the company for $3 million in cash, along with 42,105 shares of YDI common stock and a $300,000 unsecured note, payable over three...
DENVER-High-speed wireless Internet service provider Ricochet Networks Inc. has once again revised its business model and now plans to sell its service to municipalities across the United States, as well as internationally.The company plans to sell its metro-wide networks to cities that could use...
High-speed wireless Internet service provider Ricochet Networks Inc. said it is redirecting its focus to municipalities and public-safety workers, according to a company spokesperson.Ricochet, which has active networks in Denver and San Diego, previously focused on providing high-speed wireless Internet to consumers, but has...
When Monet Mobile Networks Inc. launched service in November 2002, many in the industry believed that the promise of advanced wireless data technology had finally become a reality-which is why the carrier's bankruptcy filing came as such a surprise."Personally, I'm very, very sorry to...
DENVER-Ricochet Networks Inc. may have a new lease on life following its sale to EDL Holdings Inc., a Victor Mitchell Family L.P. company. The transaction follows last month's announcement Ricochet was evaluating options relative to its business prospects, and rumors its networks were experiencing...
Struggling wireless Internet services provider Ricochet Networks Inc. has been rescued by EDL Holdings Inc., a Victor Mitchell Family L.P. company. Victor Mitchell is chief executive officer and founder of wireless distributor Advantage Wireless, which is based in Centennial, Colo.Mitchell, who will serve as...
DENVER-Ricochet Networks Inc. is "actively evaluating a number of options relative to its business prospects" to continue to service existing customers and to grow its network, according to Chief Executive Officer Greg Sadler.Ricochet has been unable to secure the market partners it believes are...
DENVER-Ricochet Networks Inc. said it is "actively evaluating a number of options relative to its business prospects" to continue to service existing customers and to grow its network in a statement from Chief Executive Officer Greg Sadler dated Nov. 10.Ricochet has thus far been...
DENVER-Ricochet Networks Inc. announced its Ricochet high-speed wireless network is now compatible with the Linux desktop system LindowsOS 3.0, meaning LindowsOS customers in the Ricochet coverage area can wirelessly access the Internet via the Ricochet network.Ricochet is offering the service for $45 per month...
DENVER, United States-Metricom will be officially reincarnated on Thursday when Ricochet Networks launches high-speed wireless Internet service in Denver.Ricochet will charge US$45 per month for the service and US$100 for a wireless modem.With a debt load of more than US$1 billion, Metricom filed for...
DENVER, United States—Aerie Networks subsidiary Ricochet Networks initiated a technical trial of the Ricochet high-speed wireless data network in Denver, marking the return of the service since its former owner, Metricom., filed for bankruptcy in August 2001.Ricochet is working with the City and County...
DENVER—Aerie Networks subsidiary Ricochet Networks Inc. initiated a technical trial of the Ricochet high-speed wireless data network in Denver, marking the return of the service since its former owner, Metricom Inc., filed for bankruptcy in August 2001.Ricochet is working with the City and County...
DENVER, United States—Aerie Networks, a privately held broadband services company, acquired Metricom's Ricochet wireless broadband network for US$8.25 million in cash.The deal was awarded to Ricochet Networks, a newly formed subsidiary of Aerie, during bankruptcy court proceedings on 2 November. The sale is expected...
The acclaimed but expensive Ricochet high-speed wireless data network built by Metricom Inc. may be getting a second chance courtesy of Aerie Networks, a privately held, Denver-based fiber-optic broadband start up.Aerie is in negotiations with Metricom to buy Metricom's equipment in New York, New...
SAN JOSE, California, United States—Metricom announced it will cease operations in all its markets on Wednesday, 8 August, to conduct a wind down of its business and to sell all its assets. An auction has been scheduled for 16 August.Metricom also will lay off...
It took just one year for the hype and optimism to come crashing down on Metricom Inc., which now finds itself choking on nearly $1 billion in debt and seeking protection under Chapter 11 bankruptcy code.Last July, the high-speed wireless data provider launched its...
NEW YORK-Sony Electronics and GoAmerica Inc. introduced a new MYLO wireless service at the PC Expo here June 25 that will provide Internet access for users of CLIE monochrome handheld and VAIO notebook computers."MYLO stands for `My Life Online'. Sony ... will offer mobile...
802.11b, otherwise known as WiFi, is growing into one of the most buoyant fountains of money in the wireless industry, challenging big and small vendors to seek differentiating models in a tightening economic landscape.According to industry sources, the technology, which is thriving on the...
WEST CALDWELL, N.J.-Ricoh Corp.'s Digital Camera Division and ActivePhoto, a provider of wireless imaging and workflow solutions for commercial use, announced an alliance to create an "instant visual communications" productivity channel for mobile professionals and in-the-field photographers.Using Ricoh's RDC-i700 digital camera, the alliance is...
