April 26, 2001
P-Com, Inc. announced receipt of an initial order for Point-to-Multipoint equipment in excess of $900,000 from one of China's major telecommunications companies. The company that ordered the equipment is serving as the systems integrator for Guangdong Broadband Network Corporation, the local operator within the province of Guangdong. By combining the P-Com Point-to-Multipoint system with an ATM switch and related network elements, Guangdong Broadband will initiate broadband access services that previously have been unavailable to customers throughout its operating territory.
April 3, 2001
P-Com, Inc. announced the receipt of orders in excess of $5 million for its Point-to-Multipoint broadband wireless access system. Airstream Broadband Corporation, a provider of advanced telecommunications services throughout the Philippines, placed orders for FWA (Fixed Wireless Access) equipment operating in the 10 GHz frequency band. The major portion of the orders for the high-capacity FWA systems is scheduled for shipment to Airstream Broadband in the second quarter of 2001.
March 7, 2001
P-Com, Inc. announced that both its new Spread Spectrum systems, and its family of legacy Spread Spectrum systems, have received type approval under the new European Community Radio and Telecommunications Terminal Equipment (R&TTE) Directive. P-Com will be able to continue to sell into the European Economic Area (EEA), which includes Austria, Belgium, Denmark, Finland, France, Germany, Greece, Iceland, Ireland, Italy, Liechtenstein, Luxembourg, Netherlands, Norway, Portugal, Spain, Sweden, and the United Kingdom (UK). In addition to the EEA, P-Com will be able to continue selling its Spread Spectrum systems into many other countries that follow European Telecommunications Standards Institute (ETSI) standards.
February 14, 2001
P-Com, Inc. announced that Nash-Rocky Mount Schools in Nashville, North Carolina are using P-Com's Point-to-Multipoint Wireless Router, DataMetro II, to extend their current LAN to four schools in the district. Installation and systems integration were performed by P-Com's channel partner Prolink Systems Inc. of Roswell, Georgia.
February 8, 2001
P-Com, Inc. announced that pursuant to a share purchase agreement, it has sold 100% of the stock of RT Masts Limited, a wholly owned subsidiary in the United Kingdom, to SpectraSite Transco Communications Limited. No financial terms were disclosed.
December 26, 2000
P-Com, Inc. announced that it has been named a major supplier in a $150 million end-to-end equipment and service contract awarded to Siemens Carrier Networks LLC. The contract, announced on December 15, 2000, by Winstar Communications, calls for the deployment across the United States of Siemens' Quickstream broadband wireless access solution.
December 26, 2000
P-Com, Inc. announced that it expects its fourth-quarter revenues to meet or exceed previous projections, citing recent strong order activity.
October 30, 2000
P-Com, Inc. announced that it has received a purchase order totaling over $5 million from China PTIC Information Industry Corporation. The equipment, expected to be delivered within the fourth quarter of 2000 and the first quarter of the year 2001, consists of various Point-to-Multipoint radio systems. The equipment will be used to continue the development of the Chinese market for LMDS (Local Multipoint Distribution System) broadband wireless access services.
October 27, 2000
P-Com, Inc. announced that it has received additional orders from Iplan Networks, a major license holder of wireless spectrum in Argentina and Brazil, for the Company's Point-to-Multipoint wireless access equipment. These orders will add 79 remote terminals and allowing Iplan to expand services to its customers in Buenos Aires and several other major cities in Argentina. Both purchases were made through Technology Bureau S.A., P-Com's distributor in Argentina.
October 17, 2000
P-Com, Inc. announced that it has received orders valued at over $21 million from customers in the United Kingdom. The orders are for extensions and enhancements of wireless backhaul systems that are part of the advanced, expansive mobile wireless networks serving the UK. Delivery and acceptance of these systems is expected during the next six months.
October 2, 2000
P-Com, Inc. announced that Leighton Stephenson was appointed Chief Financial Officer.
August 14, 2000
P-Com, Inc. announced that Robert Collins resigned as Chief Financial Officer.
July 27, 2000
P-Com, Inc. announced that it has received purchase orders totaling over $63 million from a US customer for the deployment of additional broadband wireless access systems. The equipment, expected to be delivered over the third and fourth quarters of the year 2000, consists of various Point-to-Point radio systems.
July 27, 2000
P-Com, Inc. announced the execution of a strategic alliance agreement with China PTIC Information Industry Corporation, a manufacturer of telecommunications infrastructure products in China. Under terms of the agreement, P-Com selected PTIC as its preferred partner in China, and agreed to provide technical training and support to PTIC and its customers. PTIC is obligated to place minimum orders of $20 million, $40 million, and $60million in the July 2000-June 2001, July 2001-June 2002, and July 2002-June 2003 timeframes, respectively.
July 11, 2000
P-Com, Inc. announced that it completed all FCC testing requirements of its 28 GHz Out-Door Unit.
May 25, 2000
P-Com, Inc. announced that it has received homologation certification from Comision Nacional de Comunicaciones, the regulatory entity in Argentina, for its LMDS Point-to-Multipoint wireless telecommunication equipment. The certification allows P-Com to compete in the LMDS, MMDS and FTTB market throughout Argentina.
May 23, 2000
P-Com, Inc. announced that it has received the Type Approval Certificate certifying its Tel-Link Encore 38 GHz Point-to-Point broadband wireless access system to be in conformance with both European Norm and Bundesamt fur Post und Telekommunikation specifications.
May 17, 2000
P-Com, Inc. received additional purchase orders for deployment of point-to-multipoint wireless telecommunication equipment from Siemens Information and Communication Networks, Inc., a provider of information and telecommunications solutions headquartered in Boca Raton, Florida.
April 26, 2000
P-Com, Inc. announced that it has been awarded a three-year contract, with an initial $3 million order from a U.S. based company in broadband communications. P-Com will provide its point-to-multipoint broadband wireless access system utilizing the 24 GHz frequency band. Turnkey installation services will be provided by P-Com and is scheduled for completion in third quarter 2000. The P-Com point-to-multipoint solution will be used to offer high speed Internet, data and voice services to businesses in the Argentina market.
April 6, 2000
Paradyne Networks Inc. announced that it has signed a definitive agreement to acquire substantially all of the assets of Control Resources Corporation (CRC), a subsidiary of P-Com, Inc. CRC is a developer and manufacturer of broadband network access and service level management systems. Under the terms of the agreement, Paradyne will acquire CRC for approximately $9 million in an asset purchase transaction with P-Com.
April 5, 2000
P-Com, Inc. announced that it sold its Italian broadcast subsidiary, Technosystem S. p. A., which has been treated as a discontinued operation since the third quarter of 1999. The charges related to the disposal of Technosystem will amount to $26.9 million of which $21.7 million was charged to discontinued operations in the third quarter of 1999.
February 22, 2000
P-Com, Inc. and EMS Technologies, Inc. announced a second order from P-Com to supply antennas for P-Com's Point-to-Multipoint wireless telecommunications network. P-Com's fixed-wireless networks connect a central hub to several "points" over a shared wireless spectrum. They are ideal for multi-site businesses that lack access to a fiber connection, but still need high-speed data access between locations. The EMS Wireless division of EMS Technologies will manufacture and distribute the antennas.
December 1, 1999
P-Com, Inc. announced the release of the M400 Broadband Spread Spectrum radio. P-Com's M400 radio is a point-to-point access system that enables wireless broadband operators to offer secure and reliable delivery of multimedia services including voice, data, fast Internet access, and video services.
November 4, 1999
P-Com, Inc. announced that it has received additional purchase orders for point-to-point millimeter wave equipment in excess of $2.3 million from Comtel, a telecommunications company based in Dubai. Comtel will use the equipment to help fulfill their systems integration contract with MobiNiL in support of MobiNil's aggressive deployment of a GSM mobile wireless system in Egypt.
October 14, 1999
P-Com, Inc. announced that it has received purchase orders for point to point millimeter wave equipment in excess of $2.7 million from Comtel, a telecommunications company based in Dubai. Comtel will use the equipment to help fulfill their systems integration contract with MobilNiL in support of their aggressive deployment of a GSM mobile wireless system in Egypt.
October 6, 1999
P-Com, Inc. announced that it has received initial purchase orders as part of a firm contract for more than $3.5 Million from Kokusai Electric, Information Systems Division in Tokyo, Japan. Kokusai Electric is an integrated manufacturer of electronics equipment.
October 5, 1999
P-Com, Inc. announced that it has received purchase orders over the last 120 days totaling more than $14.7 million from a major domestic Competitive Local Exchange Carrier. The orders are for millimeter wave point-to-point radio systems and will be used in a broadband wireless access application. To date, approximately 50% of the orders have been shipped with the remainder scheduled for shipment in the fourth quarter.
October 4, 1999
P-Com, Inc. announced that its subsidiary, Control Resources Corporation, has received orders worth in excess of $1.0M for NetPath 64 and NetPath 64+ Service Delivery Units from a major provider of value added network services. This order, when fulfilled, will bring the total number of NetPath units delivered to them to 13,000.
September 30, 1999
P-Com, Inc. announced that it has received the initial purchase order for deployment of Point-to-Multipoint wireless telecommunication equipment from Siemens Information and Communication Networks, Inc., a subsidiary of Siemens AG in Munich. Financial terms were undisclosed. |
