September 19, 2007
Deutsche Telekom Plans to Buy SunCom for $1.6 Billion
From Bloomberg:
September 18, 2007
Guyana Calling: Phone Firm Finds Growth In Caribbean
Good article on Atlantic Tele-Network here:
Sep. 11, 2007Atlantic Tele-Network may be facing increased competition overseas, but it has its domestic house in order.
Atlantic Tele-Network ATNI is the parent of Guyana Telephone & Telegraph. The dominant national phone company there has lost cell customers to a new rival. Marketing expenses are up as it tries to compete.
But Salem, Mass.-based Atlantic Tele-Network (NASDAQ:ATNI) has other businesses to call on.
It provides cellular service in Bermuda, land-line phone service in Vermont and wireless cable television in the U.S. Virgin Islands.
Through its Commnet Wireless subsidiary, it provides wholesale wireless networks in remote parts of the U.S.
Callers straying far from their home networks helped drive Atlantic Tele-Network's 51% rise in second quarter earnings per share. The company beat analysts' estimates by 41%.
"We remain highly optimistic as to the earnings growth from Commnet going forward," Hamad Khorsand, an analyst at BWS Financial, wrote in a research note.
The company posted $1.70 earnings per share last year. Analysts surveyed by Thomson Financial expect $2.09 for this year.
Overall revenue climbed 18% in the second quarter, to $44.2 million.
Alvarion Chosen by Digicel as Strategic Partner for WiMAX
Initial Deployment of Alvarion’s 16e 4Motion Solution in Cayman Islands
TEL AVIV, Israel--(BUSINESS WIRE)--Alvarion Ltd. (NASDAQ: ALVR), the world’s leading provider of WiMAX and wireless broadband solutions, today announced that it has been chosen by the Caribbean’s largest mobile operator, Digicel Group, as its strategic partner for WiMAX in the Cayman Islands. Alvarion’s IEEE.802.16e 4MotionTM Mobile WiMAX solution was selected to advance this operator’s first commercial WiMAX launch. The new network offers both voice and data services to residences and businesses throughout the Cayman Islands in the 2.3 GHZ frequency.
According to Mario Assaad, CTO of Digicel Group: “By choosing Alvarion's technology-leading Mobile WiMAX solution Digicel will be able to once again revolutionize the way people in the Caribbean communicate, offering world class broadband/Internet solutions accessible for all.”
“Alvarion’s technology-leading Mobile WiMAX solution gives us the flexibility we need and the performance we demand, while continuing to advance the network to deliver personal broadband. We look forward to expanding our relationship with Alvarion as we introduce WiMAX into other markets as well” added Mario Assaad.
“We are proud to be selected by the progressive and leading mobile operator Digicel, and answer to their strict and forward-thinking demands,” said Tzvika Friedman, president and CEO of Alvarion. “Deploying broadband services first, our OPENTM WiMAX strategy ensures Digicel’s current and future competitive position. We feel confident that our end-to-end offering is the best solution for Digicel to bring the cutting-edge benefits of Mobile WiMAX technology to its customers, beginning in the Cayman Islands.”
Digicel’s WiMAX network leverages Alvarion’s 4Motion solution and its OPEN WiMAX strategy, which includes the most popular and field-proven BreezeMAXTM platform as its radio access network (RAN). Alvarion’s operator-centric approach promotes best-of-breed, best-fit solutions from across the entire WiMAX ecosystem, while enhancing the end users’ experience.
About Digicel
Since its launch in 2001, Digicel has quickly become the largest GSM operator in the Caribbean and new entrant to the Central American market, with 5.2 million customers across 22 markets. The company is renowned for competitive rates, unbeatable coverage, superior customer care, a wide variety of products and services, and state-of-the-art handsets. With total investments exceeding US$1.9 billion, Digicel has placed the Caribbean at the cutting edge of wireless technology.
Digicel is incorporated in Bermuda and has operations in Anguilla, Antigua & Barbuda, Aruba, Barbados, Bermuda, Bonaire, Curaçao, The Cayman Islands, Dominica, El Salvador, French Guiana, Grenada, Guadeloupe, Guyana, Haiti, Jamaica, Martinique, St. Kitts & Nevis, St. Lucia, St. Vincent and the Grenadines, Trinidad & Tobago, Turks & Caicos and El Salvador. Digicel also has coverage in St. Martin and St. Barths and is preparing to launch in Suriname, its 23rd market.
The company is the lead sponsor of Caribbean sports teams including the West Indies Cricket Team, Special Olympics teams across the Caribbean and is title sponsor of the Digicel Caribbean Football Union Cup and the Copa de Naciones Digicel, the Caribbean and Central America qualifiers towards the CONCACAF Gold Cup. For more information, visit http://www.digicelgroup.com/.
About Alvarion
With more than 3 million units deployed in 150 countries, Alvarion (www.alvarion.com) is the world’s leading provider of innovative wireless broadband network solutions enabling Personal Broadband to improve lifestyles and productivity with portable and mobile data, VoIP, video and other services.
Alvarion is leading the market to Open WiMAX solutions with the most extensive 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 personal mobile broadband, 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.
As a wireless broadband pioneer, Alvarion has been driving and delivering innovations for over 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 Forum is focused on increasing the widespread adoption of standards-based products in the wireless broadband market and leading the entire industry to Open WiMAX solutions.
