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Topic: Finance, Investment and Stocks

The new items published under this topic are as follows.

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DeTeWe UK Acquired By Nadahl Shocair




Disposal of German telecoms equipment manufacturer enables UK CEO to buy-out UK subsidiary

London,-/July 15, 2005 - Wi-Fi Technology News/-The UK CEO of one of the world?s leading telecoms equipment manufacturers ? Deutsche Telephonwerke AG & Co ? has today completed the acquisition of the company?s wholly-owned UK subsidiary, DeTeWe UK. Nadahl Shocair, CEO DeTeWe UK and Directing Strategist, DeTeWe AG & Co, has acquired DeTeWe Group Ltd and its associated subsidiaries, which include DeTeWe Ltd (UK) through his privately-held investment vehicle.

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Posted by festprint on Saturday, July 16, 2005
 
Cingular Selling Its Caribbean And Bermuda Operations To Digicel





ATLANTA, -/June 23, 2005 - Wi-Fi Technology News/- Cingular Wireless, a joint venture between SBC Communications Inc. (NYSE: SBC) and BellSouth Corp. (NYSE: BLS), announced that it is selling its operations and licenses in the Caribbean and Bermuda to Digicel Limited. The parties have also entered into a roaming agreement that provides favorable roaming rates in each other's markets.

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Posted by festprint on Thursday, June 23, 2005
 
Wi-Fi Test Solutions Provider VeriWave Secures Series B Funding




Led By Woodside Fund, Participating Investors Include U.S. Venture Partners (USVP) and TL Ventures

Redwood Shores, CA-/June 17, 2005 - Wi-Fi Technology News/- Woodside Fund, an early-stage venture capital firm, announced that they recently led the Series B equity funding for VeriWave, Inc., a Portland, Oregon-based provider of wireless local area network (WLAN) test solutions. Existing investors U.S. Venture Partners (USVP) and TL Ventures also participated in the round.

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Posted by festprint on Friday, June 17, 2005
 
TelePlus Reports 33% Increase in Handset Sales for Q2 to Date






MONTREAL-/June 9, 2005 - Wi-Fi Technology News/-TelePlus Enterprises, Inc. (OTCBB: TLPE), a vertically integrated provider of wireless and landline communications products and services across North America announced that its subsidiary TelePlus Retail Services, Inc. (?TelePlus Retail'') reported an increase of 33% in wireless handset sales for the second quarter to date (which includes April and May) this year compared to the same period a year ago. Total number of wireless handset sales reached 5,420 compared to 4,080 handsets for the same period last year.


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Posted by sandihop on Thursday, June 09, 2005
 
Celerica Secures $8m Funding Round For New Market Growth



Tel Aviv-/26 April, 2005 - Wi-Fi Technology Forum/- Celerica Ltd., a premier provider of capacity distribution solutions for mobile carriers, announced the successful completion of its latest fundraising round in March of this year that will yield $8M in new capital resources. The funds were invested by Pitango VC, Charles River Ventures, Star Ventures and Platinum Ventures, all of whom are existing investors.

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Posted by festprint on Tuesday, April 26, 2005
 
Verizon Wireless Acquires NextWave's PCS Spectrum Licenses For $3.0 Billion





BEDMINSTER, NJ -/14 April, 2005 - Wi-Fi Technology Forum/- Verizon Wireless and NextWave Telecom Inc. announced they have completed the transaction, originally announced in November, for Verizon Wireless to purchase all of NextWave's PCS spectrum licenses, in 23 markets around the country, for $3.0 billion.

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Posted by festprint on Thursday, April 14, 2005
 
Cisco To add $750 Million Capital To Expand Credit Capacity For Channel Partners



Cisco Capital to Provide Competitive Financial Solutions to Help Channel Partners Capitalize on Rapidly Growing SMB Market

CISCO PARTNER SUMMIT 2005, VANCOUVER, -/5 April, 2005 - Wi-Fi Technology Forum/- As part of its continuing effort to enable channel partners to grow their business and penetrate new markets, Cisco Systems? and Cisco Systems Capital?, a wholly owned subsidiary of Cisco Systems, announced they will add $750 million in short-term growth capital to expand global credit capacity for channel partners.

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Posted by festprint on Tuesday, April 05, 2005
 
Wireless and Mobile Technology Provider TelePlus Increases Sales by 33%




MONTREAL, -/04 April, 2005 - Wi-Fi Technology News/- TelePlus Enterprises, Inc. (OTCBB: TLPE), a vertically integrated provider of wireless and landline communications products and services across North America, announced its results for the 4th quarter and Full year ended December 31st, 2004. Sales for the 4th quarter increased by $1,239,508 (or 33%) to $3,996,467 as compared to $2,756,959 for the same period a year ago.

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Posted by sandihop on Monday, April 04, 2005
 
Verizon-MCI Convergence Affects Telecom Environment


STRATEGY ANALYTICS: DUOPOLY OR MONOPOLY-IS THERE A DIFFERENCE?


Boston, MA-/31 March, 2005 - Wi-Fi Technology News/- Verizon's successful acquisition of MCI represents the latest step in telecom convergence and consolidation. According to Harvey Cohen, President of Strategy Analytics, the global research and consulting company, "It was inevitable that further consolidation would take place.

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Posted by festprint on Thursday, March 31, 2005
 
Wi-Fi Provider Colubris Acquires Wi-Fi Developer Kiwi Networks


WLAN Leader to Integrate Kiwi?s Cellular Wi-Fi and RF Management Technologies into Company?s Multiservice System

Waltham, MA and Campbell, CA-/31 March, 2005 - Wi-Fi Technology News/- Colubris Networks announced the acquisition of Kiwi Networks of Campbell, Calif. Kiwi is an early-stage company developing advanced cellular Wi-Fi technologies and automated radio frequency (RF) planning and control products for use by enterprise and service provider customers.

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Posted by festprint on Thursday, March 31, 2005
 

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