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WiMAX Press Releases

Alvarion® Implements Proactive Cost Reduction Initiatives

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TEL AVIV, Israel, December 8, 2008 — Alvarion Ltd. (NASDAQ:ALVR), the world’s leading provider of WiMAX™ and wireless broadband solutions, today announced that it will implement proactive cost reduction initiatives aimed at lowering the company’s breakeven point to help preserve profitability in the slowing global economy, while also maintaining its capability to continue growing if business conditions support growth.

As part of this series of initiatives, the company plans to reduce its global workforce by approximately 11%, from a base of about 1000 employees. In addition, Alvarion is implementing company-wide measures including management salary reductions. The combined initiatives are expected to generate annual cost of goods and operating expense savings of about $15 million. Alvarion expects these initiatives to be implemented before the end of the year and expects to take a one-time charge of approximately $3 million in the fourth quarter of 2008. This charge was not included in the company’s fourth quarter earnings guidance provided on November 3, 2008. Except for the one-time charge, the outlook for the fourth quarter remains unchanged.

Last Updated ( Sunday, 18 January 2009 17:36 ) Read more...
 

WiMAX Adoption Strong in the Face of Economic Turmoil

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Mobile WiMAX is now primed and ready for clearly defined markets. The standard is in place, components are available, and regulatory conditions are favorable for industry growth and adoption. New report from WTRS identifies winning markets, drivers and challenges for WiMAX within the wider wireless broadband arena.

Mountain View, CA December 1, 2008 - Fueled both by consumer demand for entertainment and communication as well as governmental regulatory and economic incentives, companies at all levels of the broadband services and infrastructure value chain are developing new technologies and enabling new services that will continue to push the US broadband market forward over the next 4-6 years.

"Recent economic uncertainty will affect the consumer market but will not greatly influence the adoption of WiMAX and other emerging wireless technologies in communications sectors," according to Kirsten West, principal analyst with WTRS. "One exception to this is the emergence of WiMAX services targeted at the mobile professional, empowering the connected laptop 'on the go'. This is an application which will likely be negatively impacted by reduced corporate spending due to expense controls that will negatively impact the roll-out and applications targeting the mobile professional."

Last Updated ( Tuesday, 02 December 2008 09:50 ) Read more...
 

Clearwire Completes Transaction with Sprint Nextel and $3.2 Billion Investment to Launch 4G Mobile Internet Company

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clearCombination of Sprint and Clearwire’s WiMAX Businesses with $3.2 Billion Cash Investment from Comcast, Intel, Time Warner Cable, Google, and Bright House Networks Creates New Opportunities for Next-Generation Services

Clearwire Spectrum Holdings to Enable Unmatched Wireless Network Capacity for Broadband Services

Clearwire’s Mobile WiMAX Services to be Branded “Clear”™


KIRKLAND, Wash. – Dec. 1, 2008 – Clearwire Corporation (NASDAQ: CLWRD for the first 20 trading days and CLWR thereafter) today announced that it has completed the transaction with Sprint Nextel Corporation (NYSE: S) to combine their next-generation wireless Internet businesses. The new company retains the Clearwire name and expects to build the first nationwide 4G mobile broadband network focused on meeting the evolving needs and demands for Internet-based communications services. In addition, Clearwire has received a $3.2 billion investment from Comcast, Intel, Time Warner Cable, Google and Bright House Networks. The transaction with Sprint and the new cash investment were completed on the terms originally announced on May 7, 2008.

Last Updated ( Monday, 01 December 2008 22:58 ) Read more...
 

Clearwire Completes Landmark Transaction with Sprint Nextel to Combine 4G Mobile WiMAX Businesses

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Clearwire Receives $3.2 Billion Cash Investment from Comcast, Intel, Time Warner Cable, Google and Bright House Networks KIRKLAND, Wash. & OVERLAND PARK, Kan., Nov 28, 2008 -- --Clearwire Spectrum Holdings to Enable Unmatched Wireless Network Capacity for Broadband Services
--Clearwire to Hold Conference Call and Webcast for Press and Industry Analysts on Monday, December 1, 2008

Clearwire Corporation ((NASDAQ:CLWRD) for the first 20 trading days and (NASDAQ:CLWR) thereafter) and Sprint Nextel Corporation (NYSE:S) announced today that they have completed the transaction to combine their next-generation wireless Internet businesses. With the closing, Sprint contributed all of its 2.5 GHz spectrum and its WiMAX-related assets, including its XOHM business, to Clearwire. In addition, Clearwire has received a $3.2 billion cash investment from Comcast, Intel, Time Warner Cable, Google and Bright House Networks. The transaction with Sprint and the new cash investment were completed on the terms originally announced on May 7, 2008. The new company retains the name Clearwire and remains headquartered in Kirkland, Washington.

Webcast and Conference Call

On Monday, December 1, 2008, at 10 a.m. Eastern Time (7 a.m. Pacific Time), Clearwire will hold a conference call for press and industry analysts to share its perspective and provide other details about the new company. The call is expected to last approximately 30 minutes. To access Monday's conference call, please dial 866-783-2140 or outside the U.S., dial 857-350-1599. The passcode for the call is 41467097. The simultaneous webcast can be accessed via the Internet at http://investors.clearwire.com. The conference call will be archived and available for replay until midnight Eastern Time (9 p.m. Pacific Time), on Monday, December 15, 2008. To access the replay, please call 888-286-8010 or outside the United States, dial 617-801-6888. The replay passcode is 67750421.

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Airspan Succeeds in First-Ever Multi-Band Mobile WiMAX Handover

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AirspanCreating one-of-a-kind opportunities for mobile WiMAX operators

BOCA RATON, FL., November 25, 2008 -- Airspan Networks, Inc. (Nasdaq: AIRN), a leading provider of WiMAX-based broadband wireless access networks, announced today that it has successfully demonstrated a unique, seamless, uninterrupted handover from one frequency band on a mobile WiMAX network to another frequency band.

A handover is the terminology used to define the seamless transfer of a wireless device from one base station to another without loss or interruption of service. A handover would be conducted when a user device is moving away from the area covered by one base station and entering the area covered by another.

This groundbreaking achievement is extraordinarily beneficial to both end-users as well as network operators. As mobile WiMAX deployments become more common, users will benefit from the ability to transfer from one operating network to another. For instance, in the United States, a user, with an Airspan MiMAX USB device connected to their laptop, may be able to roam from a license-exempt 3.65 GHz network into a national, license-owned 2.5 GHz WiMAX network.

Last Updated ( Tuesday, 25 November 2008 11:15 ) Read more...
 
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