Topic: Finance, Investment and Stocks
The new items published under this topic are as follows.
BT Acquires World?s Leading Voice and Data Network Services Provider Infonet
-/28 Feb, 2005 - Wi-Fi Technology News/-BT announced (25 Feb, 2005) the completion of the acquisition of Infonet, one of the world?s leading providers of global managed voice and data network services for corporate customers. All conditions to the transaction have now been met, following formal approval of Infonet?s stockholders at a general meeting held on February 23.
ITS Networks 10K Filing Reports Improvements; Sales of Recurring Revenues up 36%
MADRID, Spain-/15 Feb, 2005 - Wi-Fi Technology News/- ITS Networks Inc (OTCBB: ITST) 10K filing for the fiscal year ending September 30, 2004, reflects significant operational as a result of the company's new business strategy.
Accendo Secures ?1.2million in funding from Shannon Development Ireland
Galway, Ireland-/28 Jan, 2005 - Wi-Fi Technology News/- Accendo Technologies, a leading provider of Customer Experience Management (CEM) solutions for the global mobile market, has secured ?1.2million in funding from Shannon Development Ireland and private investors. (Note: Shannon Development are an Irish state development agency of the Rep. of Ireland with responsibility for the mid-west of the country.)
Verizon to purchase Cellular 2000 from St. Cloud Wireless
VERIZON WIRELESS TO PURCHASE CELLULAR 2000 OF ST. CLOUD, MINNESOTA
BEDMINSTER, N.J. and WAITE PARK, Minn. -/27 Jan, 2005 - Wi-Fi Technology News/- Verizon Wireless announced it has signed a definitive agreement to purchase Cellular 2000 of St. Cloud from its owner, St. Cloud Wireless Holdings LLC. Financial terms of the agreement were not disclosed
Cingular Wireless Shows More than 49.1 million cellular/PCS subscribers at year?s end
Cingular Wireless Posts Strong Fourth-Quarter Growth:
1.8 Million Pro Forma Net Subscriber Additions; Improved Churn, Solid Progress in Key Integration Initiatives
ATLANTA-/24 Jan, 2005 - Wi-Fi Technology News/- Cingular Wireless, America's largest wireless provider, today reported fourth-quarter results driven by robust subscriber growth, lower subscriber churn versus the past several quarters, and solid progress in key integration initiatives following its acquisition of AT&T Wireless.
Wi-Fi Security Vendor Bluesocket Secures $10 Million in Funding Round
BURLINGTON, Mass. -/17 Jan, 2005 - Wi-Fi Technology News/- Bluesocket, Inc., the leading vendor of products that secure and manage wireless networks (WLANs) with 900+ customers worldwide, today announced it has closed its Series B round of equity financing in the amount of (U.S.) $10 million. The additional financing brings Bluesocket's total funding to date to $42 million.
Wi-Fi Security Provider Roving Planet Secures $6m in New Financing
Second Institutional Round Led by StarVest Partners; All Existing
Investors Participate
WESTMINSTER, CO -/11 Jan, 2005 - Wi-Fi Technology News/- Roving Planet, a leading provider of integrated wireless LAN security and management solutions that enable enterprises to fully leverage their Wi-Fi investments, today announced it has secured $6 million in its second institutional round of financing. StarVest Partners led the round, and all of Roving Planet's existing venture capital investors participated, including Appian Ventures, Cardinal Ventures, Draper Fisher Jurvetson (DFJ), and Wolf Ventures.
Trellia Networks receives $3.3m in Series A financing from Skypoint
Trellia NetworksT announces US$3.3 million in Series A Financing from Skypoint Capital?
MONTREAL-/10 Jan, 2005 - Wi-Fi Technology News/- Trellia Networks Inc., developers of the Nomad Mobility PlatformT for intelligent wireless roaming in cellular data and Wi-Fi networks, announced today that it has received US$3.3 million in Series A financing from Skypoint Capital Corporation.
Verizon Wireless Completes Purchase From Sierra Tel Group
VERIZON WIRELESS PURCHASES MOUNTAIN CELLULAR IN NORTHERN CALIFORNIA FROM SIERRA TEL GROUP
BEDMINSTER, NJ -/3 Dec, 2004 - Wi-Fi Technology News/- Verizon Wireless announced it has completed the purchase of Mountain Cellular from the Sierra Tel Communications Group, which will expand Verizon Wireless' network footprint to include Northern California's El Dorado County. Financial terms are not being disclosed.
Cingular and Triton PCS to Exchange Properties in Three States
Cingular and Triton PCS Complete Transaction to Exchange Properties in North Carolina, Puerto Rico and Virginia
ATLANTA and BERWYN, Pa., -/3 Dec, 2004 - Wi-Fi Technology News/-Cingular Wireless and Triton PCS (NYSE: TPC) reported the completion of a previously announced definitive agreement that gives Cingular expanded wireless service in Virginia and Triton PCS added coverage in North Carolina as well as entry into the Puerto Rico MTA.