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Fitel seeks to raise $91 million for WiMAX

September 7, 2007, TAIPEI (WiMAX Day). The board of directors of Taiwanese telecoms operator Fitel has agreed to issue 250 million new shares in a private placement to selected investors at a price of NT$12 per share. The ... continue...

Seven acquires 10% of Unwired

September 5, 2007, SYDNEY (WiMAX Day). The Australian TV broadcaster Seven Networks announced that it has acquired 10 percent of WiMAX operator Unwired Australia for AUD10 million. Seven also has a substantial interest in the Australian broadband telephony ... continue...

Vivendi looks to increase SFR stake

September 3, 2007, PARIS (WiMAX Day). The French media conglomerate Vivendi may increase its shareholding in the French GSM operator SFR. Vivendi CEO Jean-Bernard Levy told the French financial paper <em>Les Echos</em> that he expected the results for ... continue...

Acca and NTT DoCoMo agree to $620m WiMAX JV

August 30, 2007, TOKYO (WiMAX Day). The Japanese broadband provider ACCCA Networks and telecoms behemoth NTT DoCoMo announced that they will form a joint venture company that will bid for WiMAX spectrum licenses in Japan later this year. ... continue...

Clearwire closes $1billion term loan

August 17, 2007, KIRKLAND (WiMAX Day). Clearwire Corp announced that it has closed the final tranche of a US$1 billion senior secured term loan that was first closed in July. The transaction was lead by Morgan Stanley, Merrill ... continue...

Clearwire reports Q2 results

August 6, 2007, KIRKLAND (WiMAX Day). In its Q2 results released today, Clearwire reported that revenue grew to $35.4 million, with a loss of $118.1 million. During the quarter Clearwire said it added 41,000 new customers.

Alvarion announces strong first-half results

August 1, 2007, TEL AVIV (WiMAX Day). WiMAX equipment vendor Alvarion today announced it financial results for the second quarter ended June 30, 2007. In the second quarter of 2007, revenues reached a record of US$57.5 million, an ... continue...

More acquisitions for Telmex

July 24, 2007, MEXICO CITY (WiMAX Day). The Mexican telecommunication giant Telefonos de Mexico SA (Telmex) released its Q2 results last week, and its Chief Financial Officer Adolfo Cerezo said that the company will spend less cash on ... continue...