Reporter’s Notebook
In October, several large municipalities and counties expressed their opposition to the FCC’s current 700 MHz D Block proposal, as well as New York state CIO Melodie Mayberry-Stewart. In a letter to the FCC released last week, Mayberry-Stewart wrote that “our agency did not authorize the state or my office being appended to the [October] letter.” In the more recent letter, Mayberry-Stewart said the October filing represented the position of local entities but not the state. Although Mayberry-Stewart philosophically appears to agree with most aspects of the big cities’ letter, she believes that “states are best positioned to drive down our costs” and meet the goal of ensuring service to urban and rural public-safety entities.
NextWave Wireless sold a 75% stake in its IPWireless subsidiary to IPW Holdings, an entity formed by the senior management team of IPWireless, for $1 million plus the reimbursement of NextWave’s transaction expenses up to $500,000. In addition, the employees of IPWireless have waived any continuing rights under the IPWireless Stock Bonus Plan established by NextWave, the company announced.
Cavium Networks, a provider of semiconductor products that enable intelligent processing for networking, communications, security, and wireless applications, have completed their acquisition of W&W Communications, finalizing an agreement that was announced on November 20. Cavium closed the purchase for approximately $19.3 million, subject to certain purchase price adjustments, including the retirement of certain liabilities of W&W Communications. According to Cavium, the acquisition will support its PureVu family of video processors.
Tranzeo Wireless Technologies, a manufacturer of wireless broadband and WiMAX communication systems, has signed an agreement to jointly develop WiMAX subscriber units for the Indonesian market with PT. Teknologi Riset Global (TRG), a subsidiary of a telecommunication infrastructure provider in Indonesia. The two companies will collaborate on the development of WiMAX subscriber units based on the 802.16d standard that will be incorporated into TRG’s total WiMAX solution for the Indonesian market.
