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Technology Stocks : Qualcomm Moderated Thread - please read rules before posting -- Ignore unavailable to you. Want to Upgrade?

To: foundation who wrote (20524)	3/19/2002 9:22:59 AM
From: foundation	Respond to of 196783

Airvana Announces Close of $40 Million Combined Equity Investment 3/19/2002 9:15:00 AM CHELMSFORD, Mass., Mar 19, 2002 (BUSINESS WIRE) -- Airvana Inc., a provider of third-generation (3G) wireless network infrastructure for the mobile Internet, today announced that the company has closed its third round of financing with an additional combined $40 million investment led by Matrix Partners, with additional investors including QUALCOMM Inc. (QCOM) , Dr. Gururaj "Desh" Deshpande and CommVest LLC. "This additional investment in Airvana fully funds our plan to drive the rapid adoption of the wireless Internet based on CDMA2000 1xEV-DO," said Randy Battat, president and CEO of Airvana. "Airvana's technology crushes the barriers of adoption for a wireless Internet service. The fact that operators do not require new applications or new cell sites creates a very compelling proposition. Further strengthening this proposition is the fact that business users already understand the value of a broadband Internet service." "The Airvana team, which brings a tremendous amount of experience in IP and wireless networking, is on the fast track to furthering the global proliferation of high-speed mobile Internet services," said Jeff Jacobs, president of QUALCOMM Global Development. "Airvana is well-positioned to provide operators worldwide with an All-IP 3G wireless networking infrastructure solution based on CDMA2000 1xEV-DO, which allows operators to offer new broadband wireless Internet services and lower their operating costs." CDMA2000 1xEV-DO enables "always on" data to be sent over PCS and cellular wireless networks at speeds comparable to DSL or cable modems, at a lower cost per byte than any other 3G technology in development today. CDMA2000 1xEV-DO provides peak data rates up to 2.4 Megabits per second (Mbps), fast enough to support even the most demanding applications, such as streaming video and large file downloads. Airvana today also announced that the company has expanded its board with the addition of Steven Haley, former founding executive officer and vice president of worldwide operations, sales and services for Juniper Networks. While at Juniper Networks, Haley was responsible for ensuring customer and partner success with Juniper Networks' products, leading the company's sales from zero to almost $1 billion in three years time. Prior to joining Juniper Networks, Haley was with Cisco Systems, where he held the positions of vice president, worldwide sales for telco/service providers and vice president, sales for WAN products. Haley also spent nearly seven years in managerial and executive roles with StrataCom, which was acquired by Cisco. "Steven's 25 years' experience in leading the sales efforts for Juniper and StrataCom, two of the most successful networking startups, make him a valuable addition to the Airvana board," said Battat. "We look forward to Steven's contributions as we continue to grow our business, and are confident that his experience will further enhance the success of Airvana." Haley joins a strong, seasoned team of external board members including Deshpande, co-founder and chairman, Sycamore Networks Inc.; Paul J. Ferri, founding partner, Matrix Partners; and David E. Schantz, general partner, Matrix Partners. About Airvana Airvana (www.airvananet.com) is a privately held company formed in March 2000 by a team of former senior executives from Motorola, Lucent, Cisco and Nortel. Based in Chelmsford, Airvana designs and builds all-IP 3G Radio Access Network (RAN) infrastructure equipment. Airvana employs some of the best data networking and wireless professionals in the world who are inspired by the belief that the Internet Protocol (IP) will change wireless networks as profoundly as it has changed wired networks. cbs.marketwatch.com;

To: foundation who wrote (20524)	3/19/2002 10:15:16 AM
From: Eric L	Respond to of 196783

re: "Common data throughput" (GSM1x from Spatial/Nortel) << Using existing spectrum, GSM1x offers operators increased voice and data capacity, supporting peak data speeds of up to 307 kbps in a 1.25 MHz channel. Common data throughput achieves up to 70-90 kbps, 2-3 times the throughput of standard dial-up modems. >> That is an absolutely refreshing statement in a press release, IMO. I am hoping we see more statements from vendors that state not only peak rates but also real world "common data throughput". This is especially true when the anticipated realistic "common data throughput" offered by 1xRTT (release 0 or release A) are more than adequate to meet the anticipated needs of users for the applications that will initially be offered by cdma2000 carriers to mobile users. It is important to note that 56 kbps modems do not connect at 56 kbps and without data acceleration the connect rate is not an indication of "common data throughput". FWIW & JMHO - Eric -