November 22, 2006 -- LONDON - MTC (Mobile Telecommunications Company), a leading mobile operator in the Middle East and Africa, is delivering high-speed mobile services such as mobile video, multimedia messaging and web browsing in Kuwait with a Nortel* [NYSE/TSX: NT] optical solution.
"MTC is a company of achievement and aspiration," said Dr. Saad Al Barrak, chief executive officer, MTC Group. "Nortel has helped us establish a reliable network in Kuwait that allows us to focus on delivering the innovative services that our customers want today. One of the reasons we selected Nortel is that their solution is future-proof so we can easily add new services when our customers want them.""MTC's dedication to customer needs reflects our Nortel philosophy," said Tim Watkins, president Northern Region, Middle East and Turkey, Nortel. "And, we have the technology to help them keep pace with staggering demand for the latest most innovative high-speed mobile services. We've worked with MTC for 13 years helping to deliver GSM services across Kuwait and now we've been able to use Nortel optical technology to seamlessly transition their GSM network to deliver 3G services for customers in Kuwait."
The MTC Kuwait transport network is delivered by products from Nortel's Metro Ethernet Networking solutions portfolio and comprises the Nortel Optical Metro 4150 platform at hub sites for aggregation and the Optical Multiservice Edge 6500 in the core for further aggregation and 10G DWDM transport. The network has a redundant architecture to support the aggressive reliability targets required to support the volume and category of traffic handled. MTC's goal was to create a "future proof" network for enabling seamless migration to Ethernet transport - in step with the mobile network and services evolution to 3GPP and LTE - and prepare the network for the expected growth in bandwidth required to support advanced mobility services.
About MTC
As a leading mobile and data services operator in six Middle Eastern and 14 sub-Saharan African countries with 12,000 employees, MTC provides a comprehensive range of mobile voice and data services to 24.9 million individual and business customers (as of September 30, 2006).
MTC operates in Kuwait and Bahrain as MTC-Vodafone, in Jordan as Fastlink, in Iraq as MTC Atheer, in Lebanon as MTC Touch, in Sudan as Mobitel. It also operates as Celtel in the 14 sub-Saharan African countries - Burkina Faso, Chad, Democratic Republic of Congo, Gabon, Kenya, Malawi, Madagascar, Niger, Nigeria, Republic of the Congo, Sierra Leone, Tanzania, Uganda and Zambia.
Listed on the Kuwait Stock Exchange (Code: Tele), MTC's market capitalization exceeded US$14.9 billion as of October 31, 2006. For more information please visit www.mtctelecom.com **
About Nortel
Nortel is a recognized leader in delivering communications capabilities that enhance the human experience, ignite and power global commerce, and secure and protect the world's most critical information. Our next-generation technologies, for both service providers and enterprises, span access and core networks, support multimedia and business-critical applications, and help eliminate today's barriers to efficiency, speed and performance by simplifying networks and connecting people with information. Nortel does business in more than 150 countries. For more information, visit Nortel on the Web at www.nortel.com .
Source: Nortel
21 November 2006 -- Available today 21st November 2006: the eagerly anticipated Vodafone Mobile Connect USB Modem from just £49 ex VAT. This new version of the 3G broadband data card, designed especially for users of the latest generation of laptops and Apple® MacBooks™, allows customers to access 3G broadband by simply plugging it into the USB slot on their Computer.
Kyle Whitehill, Director of Vodafone UK’s Enterprise Business Unit, comments, “Following our first to market launch of 3G broadband services in June this year, this device is a direct response to demand from users of the latest generation of laptops, who’d also like to be using 3G broadband.� Kyle concluded, “The new, easy to install, Vodafone Mobile Connect USB Modem, ensures that all Vodafone customers, regardless of their choice of computer, are able to access 3G broadband services. “Sunny Suri, trialist, Publisher for Movie Mag International and Managing Director of Public Relations UK, comments: “As a magazine publisher, I have to meet critical deadlines all the time. I’m mostly out of the office. Relying on wireless hotspots or connection points in cafes is frustrating. Often I need to use an internet connection and the hotel room one isn’t working. This way, there’s no problem – you just plug in and get on. It really simplifies working away from the office.�
The Vodafone Mobile Connect USB Modem offers download speeds of around 1.4Mbps and joins an extensive 3G broadband product range; including the award-winning 3G data card, built-in laptop technology and the 3G broadband wireless router. Vodafone boasts the largest 3G data card market share, the fastest 3G network for downloads* and continues its intensive 3G broadband rollout programme. Having already made the service available to all major cities and towns across the UK the footprint is expanding every week and all 3G areas will be upgraded to 3G broadband by summer 2007.
The service is also available in a number of other countries worldwide including Australia, Austria, Finland, France, Germany, Hong Kong, Italy, Netherlands, New Zealand, Portugal and Spain. When outside of 3G broadband coverage, customers will automatically be able to access the web using Vodafone’s existing 3G and GPRS services.
Simple to Install: For Windows users the Mobile Connect software is pre-loaded onto the device and self-installs the first time the device is connected. For Apple® MacBooks™ users, the software can be found on a CD provided with the device or for newer MacBooks with Intel™ processors the software can be download at www.vodafone.co.uk/mobileconnect. The newVodafone Mobile Connect USB Modem is powered by the laptop (or PC) with no need for a separate power cable and is suitable for both Windows users and Apple Mac users.
Source: Vodafone UK
11/22/2006 -- TeliaSonera and Orange Business Services have joined forces to offer TeliaSonera corporate customers access to an extensive portfolio of truly global, integrated, secure and customized communications solutions.
TeliaSonera integrates its regional IP services in the Nordic and Baltic countries with Orange global IP services, which enables TeliaSonera to offer customers seamless and fully consistent communication services and solutions across the different service platforms globally.“Our corporate customers with requirements beyond the TeliaSonera Nordic and Baltic home markets will benefit from this agreement. This is an important step in TeliaSonera’s strive to create growth via new mobile and IP-based services together with increased simplicity for our customers,� says Terje Christoffersen, Group Vice President, Corporate Marketing, Products and Services, TeliaSonera AB.
TeliaSonera also has a partnership agreement with Orange within the mobile communications area through FreeMove, the international mobile alliance between Orange, TeliaSonera, TIM (Telecom Italia Group) and T-Mobile.
TeliaSonera’s and Orange Business Services’ common ambition are to be a long-term strategic resource for its customers. The solutions are designed to be scalable with customer needs as well as to help expand and support clients’ business operations and improve efficiency.
“Orange Business Services and TeliaSonera are both in the forefront of providing leading IP services to support the business processes of corporate customers. Through this contract we are looking forward to provide TeliaSonera’s international customers a truly global converged service offering,� says Philippe Koebel, Senior Vice President EMEA, Orange Business Services.
Through a one-stop shopping and single-point of responsibility setup, the aim is to reduce complexity, simplify customer contact and make it easier for Nordic and Baltic customers with international requirements to buy services and manage their communications needs. With convergence services it is getting more important to have a single supplier for both voice and data.
About Orange Business Services
Orange Business Services represents the business communications solutions and services provided by the France Telecom Group as of June 1st, 2006. They were previously sold under the France Telecom, Orange, Equant, Etrali, Almerys, EGT, Expertel Consulting, France Telecom Intelmatique, SETIB and Solicia brands.
The offers include converged voice, data and mobile services as well as IT expertise and managed services, all designed to transform business processes and improve productivity. Orange Business Services is present in 166 countries and territories and serves customers in 220.
Source: TeliaSonera
TORONTO: 22 November 2006 — Customer satisfaction with contract and prepaid wireless service providers in Canada has increased substantially during the past year, according to the J.D. Power and Associates 2006 Canadian Wireless Customer Satisfaction StudySM released today.
Now in its second year, the study examines attitudes of wireless customers with their service, mobile phone and retail experience. Rankings are provided for contract service and prepaid service providers, as well as for mobile phone providers. SaskTel Mobility ranks highest in customer satisfaction among contract service providers, while Virgin Mobile ranks highest among prepaid providers. LG is the highest-ranking mobile phone brand.“The customer satisfaction gains we’re seeing across the wireless industry are impressive, highlighting the efforts wireless providers are making to please their customers,� said Charles Schade, senior director of research at J.D. Power and Associates. “Customer satisfaction is more important than ever in the wireless industry as the requirement to implement number portability approaches in March 2007, removing one of the main obstacles customers face when switching providers.�
Contract Service Segment
Customer satisfaction with contract service has increased over 2005. Additionally, all wireless service providers included in both the 2005 and 2006 contract service rankings register substantial improvements from 2005. Overall satisfaction with contract service is based on five factors: call quality, billing, service plan options, cost of service and customer service.
With a strong improvement from 2005, SaskTel Mobility remains the highest-ranking contract service provider for a second consecutive year. Posting an overall index score of 728, SaskTel receives the highest ratings in call quality, service plan options and customer service. SaskTel is followed in the rankings by Fido (713), Telus Mobility (687), Aliant (685) and MTS Mobility (682), respectively.
“Contract service providers have been focusing on value during the past year, clearly promoting a message of affordability for all consumers,� said Schade. “However, while favourable pricing attracts new customers, call quality has increased in importance to become the most influential driver of satisfaction, signaling rising expectations among consumers.�
According to the study, the average number of minutes contracted for a weekday service plan is 187, though customers report using only 51 percent of those minutes. Contract customers use an average of 16 long-distance minutes, which accounts for only 29 percent of their contracted amount.
Prepaid Service Segment
The study finds that satisfaction with prepaid providers is also up significantly over 2005. Five factors are measured to determine customer satisfaction with prepaid service: service plan options, billing, call quality, cost of service and customer service.
Virgin Mobile (764) ranks highest among prepaid service providers for a second consecutive year, receiving the highest segment ratings in all five factor areas. Aliant (692) and Telus Mobility (691), respectively, follow.
Although prepaid service doesn’t have the same penetration rates as contract service, it is significantly less expensive on a monthly basis. The average monthly fee paid by contract customers is $74, compared with $29 for prepaid customers. Forty two percent of prepaid customers had previously used a contract service.
Mobile Phone Satisfaction
Mobile phone satisfaction is measured based on customer ratings of five factors: features, physical design, durability, battery and operation. Satisfaction with mobile phones also increased over 2005.
With a strong improvement from 2005, LG (732) ranks highest among mobile phone brands, performing particularly well in features, designs and operation. LG is followed in the rankings by Sanyo (727), Samsung (724) and Sony Ericsson (722), respectively.
“Wireless users increasingly rely on their mobile phones to keep them connected to their schedules, contacts, and e-mail, as well as entertainment services,� said Schade. “The number of standard features on phones is continuously expanding, with nearly one-half phones now offering features such as colour screens, SMS, Internet access and games. However, room still exists for the consumers’ ever-growing appetite for features.�
The 2006 Canadian Wireless Customer Satisfaction Study is based on responses from nearly 6,000 mobile phone users. Respondents were surveyed in October 2006.
About J.D. Power and Associates
Headquartered in Westlake Village, Calif., J.D. Power and Associates is an ISO 9001-registered global marketing information services firm operating in key business sectors including market research, forecasting, consulting, training and customer satisfaction. The firm’s quality and satisfaction measurements are based on responses from millions of consumers annually. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.
About The McGraw-Hill Companies
Founded in 1888, The McGraw-Hill Companies (NYSE: MHP) is a leading global information services provider meeting worldwide needs in the financial services, education and business information markets through leading brands including Standard & Poor’s, McGraw-Hill Education, BusinessWeek and J.D. Power and Associates. The Corporation has more than 280 offices in 40 countries. Sales in 2005 were $6.0 billion. Additional information is available at www.mcgraw-hill.com .
Source: J.D. Power and Associates
November 22, 2006 -- Vancouver, British Columbia and Paris – Sierra Wireless (NASDAQ: SWIR - TSX: SW) and Bouygues Telecom today announced the launch of a new Sierra Wireless PC card on Bouygues’ network in France. The Bouygues Telecom “Carte Internet haut debit mobile,� also known as the Sierra Wireless AirCard® 850 wireless wide area network card, is available today through Bouygues retail locations, business sales channels, and online. Bouygues Telecom and Sierra Wireless previously collaborated to offer mobile data customers the AirCard 775 card for EDGE networks.
“Mobile data cards offer the opportunity to manage work more effectively while away from the office, and are increasingly valued by professionals as a tool that provides easy access to the information they need,� said Jim Lahey, Vice President, EMEA for Sierra Wireless. “We welcome the opportunity to continue to support Bouygues customers with high-quality, reliable connectivity wherever they need it.�AirCard® 850
The AirCard 850 is manufactured by Sierra Wireless and is a 3G wireless WAN Type II PC Card with a slim design that allows users to conveniently store the card inside the laptop. Compatible with HSDPA, UMTS, EDGE, and GPRS networks, the card utilizes the 2100 MHz UMTS frequency band widely used in Europe, offering average data rates of 500 to 800 kbps, with bursts over 1 Mbps on HSDPA networks*. In areas where HSDPA or UMTS network coverage is not available, the card will connect to EDGE and GSM/GPRS networks and enable international roaming on all four frequency bands (850, 900, 1800, and 1900 MHz) used worldwide.
For more information about the Sierra Wireless AirCard 850, please visit http://www.sierrawireless.com/product/ac850.aspx
* Subject to network support.
About Bouygues Telecom
Bouygues Telecom’s aim is to become “the preferred brand of mobile services� and to continue to improve services for its 8,451,000 customers. Having introduced the talk plan in France in 1996, the company launched i-mode® in France in November 2002. The i-mode service drew 1,646,000 customers, including 300,000 with a broadband terminal. This new offer, available to over 91% of the French population through Bouygues Telecom’s national broadband Edge network, proved very successful. Bouygues Telecom also offers to business and professional customers a large rank of broadband data services.
About Sierra Wireless
Sierra Wireless (NASDAQ: SWIR – TSX: SW) develops and markets reliable, high quality wireless communications products that provide mobile professionals with data and voice access to wide area wireless networks. The Sierra Wireless product portfolio includes the award-winning AirCard® line of wireless modems, embedded modules for original equipment manufacturers (OEMs), and the MP line of rugged, vehicle-mounted wireless modems. Sierra Wireless also offers professional services to OEM customers during product development, leveraging the company’s expertise in wireless design and integration to provide built-in wireless connectivity for notebook computers and other portable computing devices. Sierra Wireless is headquartered in Richmond, British Columbia, Canada, with additional offices in Carlsbad, California, London, and Hong Kong. For more information about Sierra Wireless, please visit www.sierrawireless.com .
“AirCard� is a registered trademark of Sierra Wireless. Other product or service names mentioned herein may be the trademarks of their respective owners.
Source: Sierra Wireless
November 21, 2006 -- Vancouver, Canada and London – Sierra Wireless (NASDAQ: SWIR - TSX: SW) and Orange Business Services today announced that the Sierra Wireless AirCard 850 Mobile PC Card is now available in the United Kingdom. The card is the first 3G+-enabled card offered by Orange and offers mobile professionals a proven, reliable wireless connection in advance of Orange’s planned 3G+ network upgrade, expected to begin in Q1 2007. The AirCard 850 Mobile PC Card is available through Orange retail, online, and business channels.The AirCard 850 Mobile PC Card with the Orange Business Everywhere service will allow roaming on the best available 3G+ and 3G wireless networks across Europe, and is fully compatible with EDGE and GPRS networks around the world, providing business travelers with the ability to maintain close contact with colleagues and clients while away from the office.
Orange Business Everywhere customers in the UK benefit from one contract, one customer service point of contact and one bill, regardless of the mobile data network (3G+, 3G, EDGE/GPRS, WiFi or broadband) used. The service offers exceptional value and flexibility as it offers the unique possibility of being able to add multiple users to share a price plan.
“Mobile professionals today are busy enough, and the extra time they spend looking for hotspots or waiting for downloads on slow connections is time they don’t have,� said Jim Lahey, Vice President EMEA for Sierra Wireless. “The launch of the AirCard 850 on the Orange UK network, following on the recent launch of the card with Orange France, is an example of the leadership position Orange and Sierra Wireless have taken in providing business customers with effective, efficient access to the information they need.�
The AirCard 850 is a 3G wireless WAN Type II PC Card with a slim design that allows users to conveniently store the card inside the laptop with the antenna attached. Fully functional on 3G+, 3G, EDGE, and GPRS networks, the AirCard 850 utilizes the 2100 MHz 3G frequency band common to European 3G networks, offering average data rates of 1 Mbps, with bursts up to 1.8 Mbps on the Orange 3G+ network. In areas where 3G+ or 3G network coverage is not available, these cards will connect to EDGE and GSM/GPRS networks and enable international roaming on all four frequency bands (850, 900, 1800, and 1900 MHz) used worldwide.
To purchase a Sierra Wireless AirCard 850 from Orange Business Services in the UK, please visit www.orange.co.uk/business.
For more information about the Sierra Wireless AirCard 850, please visit http://www.sierrawireless.com/product/ac850.aspx. To contact the Sierra Wireless Sales Desk, call 604-232-1488 or e-mail sales@sierrawireless.com.
Note to editors:
To view and download images of Sierra Wireless products, please visit http://www.sierrawireless.com/product/photos.aspx.
About Orange
Orange is the key brand of France Telecom, one of the world’s leading telecommunications operators with more than 153 million customers on five continents.
In June, 2006, as part of the France Telecom integrated operator strategy (NExT programme) to deliver simple, convergent products, Orange became the single brand for mobile, internet and TV offers in France, the United Kingdom, The Netherlands and in Spain, strengthening Orange’s position as the number two mobile and internet services brand in Europe. In addition, Orange Business Services became the new banner for business communications solutions and services. Orange Business Services is present in 166 countries and territories and serves customers in 220.
France Telecom (NYSE:FTE) is listed on Euronext Paris Eurolist market and on the New York Stock Exchange. At September 30, 2006, the group had 92.59 million mobile customers, 12.09 million internet customers and 48.59 million fixed line customers.
At the end of 2005, France Telecom had consolidated sales of 49 billion euros by IFRS standards in 2005 (38.4 billion euros for the year-to-date at September 30, 2006) and had 203,000 employees.
Further information about Orange and France Telecom can be found on the Orange website at www.orange.com or the France Telecom at www.francetelecom.com .
Orange and any other Orange product or service names included in this material are trade marks of Orange Personal Communications Services Limited.
About Sierra Wireless
Sierra Wireless (NASDAQ: SWIR – TSX: SW) develops and markets reliable, high quality wireless communications products that provide mobile professionals with data and voice access to wide area wireless networks. The Sierra Wireless product portfolio includes the award-winning AirCard® line of wireless modems, embedded modules for original equipment manufacturers (OEMs), and the MP line of rugged, vehicle-mounted wireless modems. Sierra Wireless also offers professional services to OEM customers during product development, leveraging the company’s expertise in wireless design and integration to provide built-in wireless connectivity for notebook computers and other portable computing devices. Sierra Wireless is headquartered in Richmond, British Columbia, Canada, with additional offices in Carlsbad, California, London, and Hong Kong. For more information about Sierra Wireless, please visit www.sierrawireless.com .
“AirCard� is a registered trademark of Sierra Wireless. Other product or service names mentioned herein may be the trademarks of their respective owners.
Source: Sierra Wireless
JAKARTA, Indonesia and TORONTO – November 21, 2006 – Redknee Inc., a leading provider of innovative infrastructure software that monetizes and personalizes services and content for mobile users, and PT Bakrie Telecom Tbk (“Bakrie Telecom�), a pioneer in Indonesia’s affordable wireless telecommunication services, today announced Bakrie Telecom has significantly improved its competitive advantage with deployment of Redknee’s Prepaid Voice and Messaging Solution. The Redknee solutions power Bakrie Telecom’s Esia branded TalkTime service, SMS service and marketing promotions including Circle of Friends and Family, and more.The rapid pace of development in the Indonesian telecom market demands that Bakrie Telecom provide new and innovative products such as their Esia prepaid voice and text plan. Bakrie Telecom’s strategy incorporates world-class, experienced partners with extensive research and development capabilities such as Redknee.
“Our differentiation lies in our ability to provide relevant and differentiated tariffs and services through customer focused disruptive innovations,� said AG Rao, CTO at Bakrie Telecom. “Redknee helps us utilize our infrastructure as a competitive advantage. It allows us to reduce Operating Expenses (OPEX) and Capital Expenditures (CAPEX), increase productivity and maintain higher levels of customer retention.�
Indonesia still has very low teledensity, with 4 percent for fixed and 20 percent for mobile. In comparison, the Philippines and China, countries with similar Gross Domestic Product (GDP) per capita, have mobile teledensities of 42 and 35 percent respectively (Source: Pyramid Research, “Indonesia Country Outlook, August 2005). According to analysts, the total number of telecom subscribers in Indonesia is forecasted to double by 2010, exceeding 100 million subscribers.
“Redknee’s Converged Billing approach reduces OPEX and CAPEX by converging all provisioning, transaction, charging, rating and billing for supported services such as voice, data, messaging and mCommerce under a single system and in real-time,� said Lucas Skoczkowski, CEO at Redknee. “This allows operators such as Bakrie Telecom to deliver the specific leading-edge services that attract new subscribers, reduce subscriber churn and improve revenue opportunities.�
Bakrie Telecom’s Talktime campaign was launched in August 2005 and generated an overwhelming response that propelled the Bakrie Telecom brand to the number two position in the country (based on research by Taylor Nielsen Research - TNS). As a result, their customer base of 1.3 million subscribers as of September 2006 represents a 167 percent increase over December 2005’s 487,000 subscribers. Bakrie Telecom’s monthly customer churn rate averages four percent, compared with the industry’s average rate of 8 to 11 percent. Bakrie Telecom also enjoys lower infrastructure costs than established telcos utilizing existing networks.
Bakrie Telecom’s TalkTime service is built using Redknee solutions. According to analysts and public records, this innovative service generates significant improvement in Average Revenue Per User (ARPU). The Redknee solutions also allowed Bakrie Telecom to program five additional marketing promotions.
Redknee’s solutions power Bakrie Telecom’s Texting/Short Message Service (SMS) as well as its “Circle of Friends and Family� (or Closed User Group) features. A special rate is applied for conversations and text messages between family members and friends of Esia prepaid card users.
About Bakrie Telecom
PT Bakrie Telecom Tbk has been operating since 1996 in Indonesia, initially under the name of PT Radio Telepon Indonesia. The name of the company was changed to PT Bakrie Telecom Tbk in 2003, and soon after that launched a CDMA 2000-1X based telecommunication services under the brand name "Esia". To meet its objective to become a national operator, Bakrie Telecom has embarked on an MVNO (Mobile Virtual Network Operator) collaboration with PT Indosat Tbk, with both companies agreeing to share their network infrastructure. Bakrie Telecom has launched many innovative products such as Gile Beneer, Rumpi Abiss, Hujan Duit and the very effective TalkTime Campaign. Its focus on "value for money" and innovation in our offerings has driven its corporate performance. As of end of September 2006, the company grew its subscriber base by 327%, from 307 thousand in September 2005 to 1.3 million, increased its gross revenue by 131% from IDR 254 billion in September 2005to IDR588 billion, and booked a net profit of IDR 52 billion compare to IDR 112 billion net loss in September 2005. Bakrie Telecom went public and listed in The Jakarta Stock Exchange in February 2006.
About Redknee:
Twenty-six of the world’s leading mobile operators depend on Redknee’s proven infrastructure software to deliver value-added services and content to over 207 million subscribers. The converged revenue engine enables operators to quickly bring to market personalized voice, messaging and content services in real-time. Redknee allows operators and brand owners to maximize their differentiation and revenue while reducing expenditures by integrating with existing environments. The subscriber experience is improved with Redknee’s self-care, loyalty, and analytics that deliver the content and services subscribers want when they want them.
Source: Redknee
TEL AVIV, Israel, November 22, 2006 — Alvarion Ltd. (NASDAQ:ALVR), the world’s leading provider of wireless broadband solutions today announced that it has completed the sale of its Cellular Mobile business unit (“CMU�) to LGC Wireless, Inc. (“LGC�), a privately-held supplier of wireless networking solutions that enable high-speed wireless voice and data communications in dense urban areas as well as inside public and private structures. The sale includes substantially all of the assets of the CMU in exchange for approximately $15 million in notes and the assumption of certain liabilities. The notes are due at the end of 2007 and 2008. One of the notes, in the principal amount of $7 million, is convertible into shares of common stock of LGC.Tzvika Friedman, President and CEO of Alvarion said, “We believe that this transaction represents a good outcome for the customers and employees of the Cellular Mobile Unit, as well as for the shareholders of Alvarion. The transaction will enable us to focus all of our resources and attention on WiMAX.�
The CMU business, revenues of which contributed approximately $21 million in the first 3 quarters of 2006, will be classified as discontinued operations and, as a result, the broadband wireless access (BWA) revenues will constitute all of Alvarion’s revenues. The Company indicated that it is reiterating its guidance, given on November 2, 2006, of revenues for its BWA business of between $47 million and $51 million for the fourth quarter of 2006. Alvarion is also reiterating its non-GAAP EPS guidance of $0.01 and $0.04 for the fourth quarter of 2006.
The cash impact of the transaction on the fourth quarter results will be immaterial; however, fourth quarter GAAP results may include a non-cash charge, mainly to reflect the loss on the sale of these assets. As a result, the Company is rescinding its previous guidance for GAAP results for the fourth quarter of 2006. This transaction will reduce total headcount by about 100 people, which will allow Alvarion to divert investments to its WiMAX initiatives without increasing overall operating expenses.
About Alvarion
With more than 2 million units deployed in 150 countries, Alvarion is the world’s leading provider of innovative wireless network solutions enabling personal broadband services to improve lifestyles and productivity with portable and mobile data, VoIP, video and other applications. Providing systems to carriers, ISPs and private network operators, the company also supplies solutions to extend coverage of GSM networks to developing countries and other hard to serve areas.
Leading the WiMAX market with the most widely deployed WiMAX system in the world, Alvarion has the most extensive networks deployments and proven product portfolio in the industry covering the full range of frequency bands with both fixed and mobile solutions. Alvarion’s products enable the delivery of business and residential broadband access, corporate VPNs, toll quality telephony, mobile base station feeding, hotspot coverage extension, community interconnection, public safety communications, and mobile voice and data. Alvarion works with several global OEM providers and more than 200 local partners to support its diverse global customer base in solving their last-mile challenges.
As a wireless broadband pioneer, Alvarion has been driving and delivering innovations for more than 10 years from core technology developments to creating and promoting industry standards. Leveraging its key roles in the IEEE and HiperMAN standards committees and experience in deploying OFDM-based systems, the Company's prominent work in the WiMAX Forumâ„¢ is focused on increasing the widespread adoption of standards-based products in the wireless broadband market and leading the entire industry to mobile WiMAX solutions.
For more information, visit Alvarion’s World Wide Web site at www.alvarion.com
Source: Alvarion
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