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Post-merger AT&T will be a major WiMAX contender

October 16, 2006, WASHINGTON DC (WiMAX Day). The US Federal Communications Commission (FCC) postponed its approval on Friday of AT&T’s $79 billion purchase of BellSouth, until November 3. While the FCC will no doubt demand some concessions from ... continue...

Redline heads for UK listing

October 16, 2006, LONDON (WiMAX Day). Fast-moving WiMAX equipment vendor Redline Communications may make its debut on the Alternative Investment Market (AIM) of the London Stock Exchange this week. Last year Redline had a US$ 15 million round ... continue...

Aircel plans $100m WiMAX investment

October 12, 2006, CHENNAI (WiMAX Day). Aircel Business Solutions (ABS) of India announced that they intend to launch WiMAX networks in the Indian cities of Coimbatore, Hyderabad, Bangalore, Pune, Delhi, Cochin and Ahmedabad. Speaking to reporters in Chennai, Ram ... continue...

WebSky to acquire WiMAX operators

October 11, 2006, LAS VEGAS (WiMAX Day). According to a press release issued yesterday, WebSky Inc announced that its Argentine subsidiary WebSky Argentina (WSA) will acquire 95% of Infotel Argentina, SA, as well as another company in Argentina, ... continue...

Airspan Concludes Financing With Oak Investment Partners

September 26, 2006, BOCA RATON (Press Release). Airspan Networks Inc (NASDAQ – AIRN) today announced that it has concluded its previously announced private placement of 200,690 shares of Series B Preferred Stock to Oak Investment Partners XI, Limited ... continue...

Clearwire completes funding

September 6, 2006, KIRKLAND (WiMAX Day). Intel Capital and Motorola Inc have completed their investment in Clearwire. In a statement issued by Clearwire, their funding of $900 million has increased to more than $1 billion as existing investors ... continue...

Unwired, Mitsui partner on WiMAX development

August 28, 2006, SYDNEY (WiMAX Day). Japanese conglomerate Mitsui will invest between AUD 5 million and AUD 8 million in Unwired Group Limited. The two companies have also undertaken to share information to facilitate their working together on ... continue...

Sprint will invest $3 billion in WiMAX network by 2008

August 8, 2006, LOS ANGELES (WiMAX Day). Sprint Nextel Corp, the third-largest US mobile service provider, announced on Tuesday that it intends to build a national WiMAX network using its massive holding of 2.5 GHz frequencies. Sprint is ... continue...