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Topic: Finance, Investment and Stocks

The new items published under this topic are as follows.

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Verizon Wireless To Purchase NextWave Spectrum In New York



BEDMINSTER, NJ -/July 9, 2004 - Wi-Fi Technology News/- Verizon Wireless announced that it has won the spectrum license for the New York metropolitan area auctioned by NextWave Telecom Inc. yesterday. Under the terms of the purchase agreement, Verizon Wireless will pay $930 million for the license.

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VERIZON WIRELESS TO PURCHASE QWEST WIRELESS SPECTRUM, NETWORK ASSETS



BEDMINSTER, NJ and DENVER -/July 2, 2004 - Wi-Fi Technology News/- Verizon Wireless and Qwest Communications International Inc. announced a definitive agreement for Verizon Wireless to purchase Qwest Wireless' assets for $418 million, increasing Verizon Wireless' capacity in key existing markets and expanding its network into new markets.

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$12 million funding will help Motia's Leadership in Smart Antenna Technology



Investments by Prism Venture Partners, Intel Communications Fund and Prior Investors to Help Increase Motia's Leadership in Applying Effective Smart Antenna Technology To Wireless Systems


STAMFORD, CT-/June 22, 2004 - Wi-Fi Technology News/-Motia, Inc., a fabless semiconductor company focused on enabling smart antennas with RFICs, announced that it has closed its third round of funding, totaling $12 million.

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ntl and EADS Cogent Join Forces in Firelink Bid



Newport, South Wales, -/June 08, 2004 Wi-Fi Technology News/- EADS Cogent, the defence and public safety experts shortlisted to deploy Firelink, the new national communications system for the UK Fire and Rescue Service, has announced that communications specialist ntl is to join its Firelink consortium. ntl has withdrawn its independent bid for Firelink and the consortium will now draw on the service provision expertise of ntl and the TETRAPOL solutions of EADS Cogent.

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Contec Innovations Closes First Hornet Sales in Q1



Vancouver, Canada, -/June 02, 2004 Wi-Fi Technology News/- Contec Innovations (?Contec? or the ?Company?) last week announced its financial results for the first quarter ended March 31, 2004.

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Nortel Networks Announces OSC Management Cease Trade Order



TORONTO -/May 18, 2004 Wi-Fi Technology News/-?Nortel Networks* Corporation [NYSE/TSX: NT] announced (May 17, 2004) that the Ontario Securities Commission (the ?OSC?) has issued a temporary order that prohibits, effective immediately, all trading by directors, officers and certain current and former employees in the securities of the Company and its principal operating subsidiary, Nortel Networks Limited (?NNL?).

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Contec Innovations Announces Private Placement


Vancouver, Canada, May 08, 2004 /Wi-Fi Technology News/- Contec Innovations (?Contec? or the ?Company?) wishes to announce a non-brokered private placement offering to raise gross proceeds of up to CDN$1,000,000. Under the terms of the private placement, the Company will offer for sale a maximum of 6,250,000 Units (the "Units?) at CDN$0.16 per Unit.

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Agere Systems to Webcast Presentation at Upcoming Investment Conference


ALLENTOWN, Pa. April 23, 2004 /Wi-Fi Technology News/- Agere Systems (NYSE: AGR.A, AGR.B) announced that it would present at the JPMorgan Technology and Telecom Conference on Thursday, May 6, 2004, at 2:00 p.m. EDT.

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QUALCOMM Second Quarter 2004 Results, $1.2 Billion Revenues

QUALCOMM Announces Second Quarter Fiscal 2004 Results Revenues $1.2 Billion, EPS $0.58 Revenues $1.2 Billion, EPS $0.53 Excluding QSI Segment


SAN DIEGO ? April 22, 2004 /Wi-Fi Technology News/-? QUALCOMM Incorporated (NASDAQ: QCOM) today announced its second quarter fiscal 2004 results ended March 28, 2004. Revenues were $1.2 billion in the second quarter of fiscal 2004, up one percent sequentially and 20 percent year-over-year

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Cingular Wireless Reports First-Quarter Results, Solid Subscriber Growth


ATLANTA - April 20, 2004 /Wi-Fi Technology News/- Cingular Wireless LLC, a joint venture between SBC Communications (NYSE: SBC) and BellSouth Corporation (NYSE: BLS), today reported first-quarter 2004 results shaped by continued solid subscriber growth, rapid progress in its GSM/GPRS conversion, and a 580 basis point sequential improvement in operating margins, in line with goals outlined by the company in January.

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