Topic: Finance, Investment and Stocks
The new items published under this topic are as follows.
Wireless Security Provider Aegis Assessments, Inc. Closes $5 Million Private Placement
SCOTTSDALE, Ariz.-/29 Nov, 2004 - Wi-Fi Technology News/- Scottsdale-based homeland defense contractor Aegis Assessments, Inc. (OTCBB: AGSI) announced today that it has closed a $5 million private placement of Aegis common stock. As part of the financing, Aegis issued 5 million shares of its common stock to accredited investors in exchange for $5 million of US Treasury Bonds, which was the first in a series of steps to facilitate a possible listing on the American Stock Exchange(R) (AMEX) for the company's common stock. Cogent Capital Corp. facilitated the closing of the transaction.
Cingular Announced That Tritel PCS and TeleCorp will Redeem their Senior Notes
ATLANTA -/9 Nov, 2004 - Wi-Fi Technology News/- Cingular Wireless LLC, a joint venture between SBC Communications Inc. (NYSE: SBC) and BellSouth Corp. (NYSE: BLS), announced yesterday that, in connection with the acquisition of AT&T Wireless Services, Inc., Tritel PCS, Inc. and TeleCorp Wireless, Inc., which are subsidiaries of AT&T Wireless, will redeem their respective outstanding senior subordinated notes.
Cingular Wireless' Proposed Acquisition of AT&T Wireless To Proceed
ATLANTA -/25 Oct, 2004 - Wi-Fi Technology News/- Cingular Wireless LLC, a joint venture between SBC Communications Inc. (NYSE: SBC) and BellSouth Corp. (NYSE: BLS), announced that it has reached an agreement with the U.S. Department of Justice that will allow the company's proposed acquisition of AT&T Wireless to proceed on schedule.
Motorola Vice President to Present at Banc of America Securities Conference
Motorola Vice President and General Manager Tim Cawley to Present at Banc of America Securities 34th Annual Investment Conference
SCHAUMBURG, Ill. -/16 September, 2004 - Wi-Fi Technology News/- A presentation by Tim Cawley, vice president and general manager of CMDA products for Motorola, Inc. (NYSE: MOT) Personal Communications Sector (PCS) is scheduled to be webcast over the Internet on Tuesday, September 21, 2004.
Proxim Agrees to Pay Symbol Approximately $23 Million in Patent Case
HOLTSVILLE, N.Y. -/16 September, 2004 - Wi-Fi Technology News/- Symbol Technologies, Inc., (NYSE:SBL), The Enterprise Mobility Company?, announced that it has settled its patent litigation with Proxim Corporation relating to wireless local area network (WLAN) technology. According to the settlement, Proxim will pay Symbol $22.75 million for previous sales of infringing products.
GPTC in Libya awards over 120-million-dollar GSM/EDGE and WCDMA 3G deal to Nokia
Nokia will supply state-of-the-art core and radio networks to serve the majority of GPTC's customers.
-/13 September, 2004 - Wi-Fi Technology News/-Nokia has won a deal, valued at over 120 million USD, to supply GSM/EDGE and WCDMA 3G network equipment to the Libyan General Post and Telecommunications Company (GPTC) for a new nationwide mobile network. This is Nokia's first network deal in Libya. Deliveries begin immediately.
Cisco Posts Strongest Wireless LAN Hardware Quarter Yet
LONDON, UK, -/August 24, 2004 - Wi-Fi Technology News/-Worldwide wireless LAN hardware revenue reached $719.5 million in 2Q04, up 3% from 1Q04, and will grow 9% to $786.2 million by 2Q05, according to Infonetics Research's quarterly market share service, Wireless LAN APs, Switches, and NICs.
Consent Solicitation Commences Relating to AT&T Wireless Services, Inc. Senior Notes
REDMOND, WA. And ATLANTA -/August 19, 2004 - Wi-Fi Technology News/- A solicitation of consents to certain indenture amendments relating to AT&T Wireless' Senior Notes, in connection with the previously announced acquisition of AT&T Wireless (NYSE: AWE) by Cingular Wireless, commenced today. The consummation of the acquisition of AT&T Wireless is not conditioned on the success of the consent solicitation. Citigroup Global Markets Inc. will act as Solicitation Agent.
Redline Communications Secures US$18 Million in VC Funding
Matrix Partners and U.S. Venture Partners Share Investment, Join Redline Board
TORONTO-/July 26, 2004 - Wi-Fi Technology News/-Redline Communications Inc., a leading provider of standards-based broadband wireless equipment, today announced that it has secured US$18 million in financing from Boston-based Matrix Partners and Silicon Valley-based U.S. Venture Partners (USVP).
Cingular Wireless Reports Rapid Progress In Its Second-Quarter Results
ATLANTA -/July 22, 2004 - Wi-Fi Technology News/- Cingular Wireless LLC, one of the United States? leading wireless providers and a joint venture between SBC Communications (NYSE: SBC) and BellSouth Corporation (NYSE: BLS), reported second-quarter 2004 results that included solid revenue growth, improved margins and a significant upturn in higher quality retail postpaid subscriber growth.