Business
Satellite Phone Plan Aims High PDF Print E-mail
Thursday, 30 April 2009 17:22

Harbinger Capital Partners founder Philip Falcone is pressing forward with a multibillion-dollar plan to build an international satellite-cellphone business, even as he tries to battle back from steep losses in his hedge funds.

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TeleCommunication Systems Receives $14.9 Million Order From U.S. Army PDF Print E-mail
Thursday, 16 April 2009 00:00

TeleCommunication Systems, Inc. (TCS) (NASDAQ: TSYS) announced that it has received a $14.9 million contract order from the U.S. Army to provide Transportable Ground Receive Suites and related spare parts to support the Global Broadcast Service (GBS).

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Telenor injects Rs 1,250 cr in Unitech Wireless PDF Print E-mail
Monday, 23 March 2009 15:58

New Delhi, March 20 Norway’s Telenor Group on Friday injected the first tranche of Rs 1,250 crore in Unitech Wireless, for a 33.5 per cent stake. Telenor’s remaining investment of Rs 4,870 crore will be made in three tranches during 2009.

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Turkey’s Second Largest Tourist City Protects Tourists, Locals and Port with Ubiquitous Video Surveillance PDF Print E-mail
Thursday, 19 February 2009 16:08

Proxim Wireless Corporation (NASDAQ: PRXM), a leading provider of end-to-end broadband wireless systems that deliver the quadruple play, today announced that it has provided the wireless backhaul for Turkey’s largest video surveillance network in the port city of Bodrum.

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Nortel exits WiMax business PDF Print E-mail
Friday, 30 January 2009 15:55

Nortel Networks Corp, the ailing telecom equipment provider, has decided to abandon its WiMax wireless technology business as it restructures in bankruptcy protection, reports Reuters.

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