finance

Main Content RSS FeedWiMAX Finance News

Imagine Group acquires Irish Broadband for €47m EUR

May 2, 2008, DUBLIN (WiMAX Day). Imagine Communications Group announced that it will acquire the Irish WiMAX operator Irish Broadband from its existing shareholders, NTR and Kilsaran Concrete, for € 47 million EUR. According to an Imagine press release, ... continue...

NextWave looks to sell its US spectrum

April 25, 2008, SAN DIEGO (WiMAX Day). NextWave Wireless announced today that it has retained Deutsche Bank and UBS to explore the possible sale of its extensive spectrum assets in America. NextWave has spectrum rights that cover 251 ... continue...

SK takeover of Hanaro approved

February 21, 2008, SEOUL (WiMAX Day). The Ministry of Information and Communication (MIC) in Korea has approved the acquisition of Hanaro Telecom by SK Telecom. SK won a 1.090 billion KRW bid for the company late last year, ... continue...

Sequans secures $28 million financing

February 12, 2008, PARIS (WiMAX Day). The WiMAX chip supplier Sequans Communications announced yesterday that it has raised USD 28 million in a round of equity-based and convertible debt financing. New investors in Sequans include Swisscom, the Swiss ... continue...

Motorola invests in silicon supplier

February 12, 2008, RAANANA (WiMAX Day). Motorola Ventures has made an equity investment in DesignArt Networks, an Isreali-based supplier of silicon system-on-chip (SoC) solutions for WiMAX. Terms of the investment were not disclosed. Existing investors in the company ... continue...

Asiaspace seeks funding for WiMAX

January 24, 2008, KUALA LUMPUR (WiMAX Day). The WiMAX license holder Asiaspace Sdn Bhd will invest RM500 million (US$152 million) over the next few years to roll-out its WiMAX network in Malaysia. Asiaspace chairman Datuk Abdul Ghani ... continue...

Investments in WiMAX will top US$30 billion in 2008

January 22, 2008, LONDON (WiMAX Day). The up-start technology known as WiMAX found itself on most of the "top ten" technology watch lists for 2008. All eyes are focussed on the abruptive technology that became an IMT standard ... continue...

Enforta closes on US$40M investment

January 16, 2008, MOSCOW (WiMAX Day). The Russian WiMAX network operator Enforta announced today that it completed a new US$40 million round of investment. The deal welcomes Bessemer Venture Partners, one of America's largest venture capital funds, as ... continue...