NTT DOCOMO, INC. (TSE:9437) (LSE:NDCM) (NYSE:DCM) and San Diego, California-based PacketVideo Corporation, a subsidiary of NextWave Wireless Inc. (NASDAQ:WAVE) and a pioneer in wireless and digital home multimedia software and service applications, today announced that DOCOMO has acquired a 35-percent stake in PacketVideo for $45.5 million. The all-cash transaction, effective immediately, is intended to strengthen [...]
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Focus on maximizing value of Global Spectrum Assets and expanding PacketVideo business
NextWave Wireless Inc. (NASDAQ:WAVE), today announced management changes as it completed the initial phase of its global restructuring initiative, which was announced in the third quarter of 2008, encompassing the divestiture or discontinuance of the Company’s wireless semiconductor and network equipment businesses. The [...]
NextWave Wireless Inc. (NASDAQ: WAVE) announced that it has sold a 75% stake in its IPWireless, Inc. subsidiary (“IPWireless”) to IPW Holdings, an entity formed by the senior management team of IPWireless, for $1 million plus the reimbursement of NextWave’s transaction expenses up to $500,000. In addition, the employees of IPWireless have waived any continuing [...]
NextWave Wireless Inc. (NASDAQ: WAVE) today announced that it has raised $100 million in new financing through the issuance of senior-subordinated secured second-lien notes (“Notes”) to Avenue Capital Management II, L.P. and SOLA.
Interest on the Notes will be payable quarterly at a rate of 14 percent per annum through the issuance of additional Notes, [...]
NextWave Wireless Inc. (NASDAQ: WAVE) today announced that on October 7, 2008, NextWave received a Nasdaq Staff Deficiency Letter indicating that because the Company’s common stock has closed below the minimum $1.00 per share for the last 30 consecutive business days, the Company fails to comply with the requirement for continued listing as set forth [...]
NextWave Wireless Inc. (NASDAQ:WAVE) today announced that, as part of its global restructuring initiative, it will be discontinuing the operations of its GO Networks business unit, a supplier of wide-area Wi-Fi network equipment. Accordingly, NextWave today filed a request in Israel to seek bankruptcy protection for its GO Networks Ltd subsidiary located in Tel Aviv. [...]
Advanced Outdoor Wi-Fi Network Utilizes NextWave Micro and Pico Base Stations for Cost-Effective, Scalable Mobile Broadband Performance in Chandigarh
CommunicAsia 2008
NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of mobile multimedia and wireless broadband technologies, today announced that HFCL Infotel Ltd., a telecommunications service provider in the Punjab state of northern India, is conducting a large-scale [...]
NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of advanced mobile multimedia and wireless broadband technologies, announced today that Allen Salmasi, chief executive officer of NextWave Wireless, will speak to investors and analysts attending the Deutsche Bank 2008 Media and Telecommunications Conference at 11:30 a.m. ET on Tuesday, June 10, 2008. The conference is being [...]
Company Reports 25 Percent Quarterly Revenue Growth Over Fourth Quarter of 2007
NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of wireless broadband and mobile multimedia products, filed its Quarterly Report on Form 10-Q for the first fiscal quarter which ended March 29, 2008. Financial schedules are included with this release.
NextWave reported GAAP revenues [...]
Video Feeds Provide First Real-time Remote Crime Scene Investigation in the UK
NextWave Wireless Inc. (NASDAQ:WAVE), a global provider of mobile multimedia and wireless broadband technologies, in collaboration with Northrop Grumman and the National Policing Improvement Agency (NPIA), has successfully completed a public safety network trial in the county of Sussex in the United Kingdom. [...]
