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Technology Stocks : Nextwave Telecom Inc.
WAVE 7.650+3.1%10:01 AM EST

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From: hedgefund6/22/2007 7:40:17 AM
   of 1088
 
NextWave does the Austro-Hungarian Empire thru Inquam:

wirelessweek.com

NextWave Acquires WiMAX Spectrum
By Wireless Week Staff
WirelessWeek - June 19, 2007

NextWave Wireless announced that its subsidiary, Inquam Broadband GmbH, has acquired a 65 percent controlling interest in WiMAX Telecom AG.

Based in Zürich, Switzerland, WiMAX Telecom AG owns wireless broadband spectrum concessions in Austria, Slovakia and Croatia. The spectrum reside in the 3.5 GHz frequency band. WiMAX Telecom operates WiMAX networks in Austria and Slovakia and currently provides wireless broadband service to 8,500 customers.

"We are very pleased with the addition of WiMAX Telecom, a true pioneer in the wireless broadband industry, to the NextWave family of companies. Our investment in WiMAX Telecom extends our European spectrum footprint which currently includes nationwide licenses in Germany and Switzerland," said Allen Salmasi, chairman and chief executive officer of NextWave Wireless, in a company statement. "We look forward to working with the exceptional team at WiMAX Telecom to develop the next-generation mobile broadband solutions these markets require."
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