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Mobily buys KSA WiMAX network

September 24, 2007, RIYADH (WiMAX Day). The Saudi Arabian GSM operator Etihad Etisalat (brand name Mobily) announced that it will acquire the Saudi WiMAX network operator Bayanat al-Oula for 1.5 billion riyals (US$400 million). Mobily is owned by ... continue...

picoChip receives investment from Samsung

September 21, 2007, BATH (WiMAX Day). Chipset designer picoChip announced that it has received a strategic investment from Samsung. The UK-based company did not disclose the sum of the investment, but noted that it is part of the ... continue...

Seven increases stake in Unwired

September 20, 2007, SYDNEY (WiMAX Day). The Australian TV broadcaster company Seven Network has increased its stake in the WiMAX operator Unwired to 19.8 percent, one week after it acquired an interest of 10.4%. It was reported in ... continue...

Softbank announces license bid in Japan

September 20, 2007, TOKYO (WiMAX Day). Softbank Corp and e-Access have joined forces to bid for one of the two 2.5GHz WiMAX spectrum license that will be offered at auction in Japan before the end of this year. ... continue...

KDDI forms alliance for WiMAX licenses in Japan

September 18, 2007, TOKYO (WiMAX Day). The Japanese telecoms provider KDDI has announced the formation of their Wireless Broadband Planning K.K. (WBPK) joint venture this week. The new venture will seek to obtain the precious licenses for 2.5 ... continue...

Craig Wireless debuts Toronto exchange with $40M financing

September 17, 2007, TORONTO (WiMAX Day). Following a reverse takeover earlier this month, and a private equity financing of $40 million, Craig Wireless had its debut today on the Toronto Stock Exchange. The company was founded in 1995 ... continue...

VT Silicon gets $3.3m from Menlo Ventures

September 13, 2007, ATLANTA (WiMAX Day). A start-up chipset designer named VT Silicon has landed $3.3 million in seed investment from Menlo Ventures, one of Silicon Valley's top venture capital investors. The investment will enable VT to develop ... continue...

Intel Capital invests in Nexcom Bulgaria

September 12, 2007, SOFIA (WiMAX Day). Intel Capital has made an investment in Nexcom Bulgaria EAD. Nexcom is an alternative telecoms operator in Bulgaria, and is presently constructing a national WiMAX network. Nexcom was awarded a license for ... continue...