Nation's Most Reliable Wireless Network Ready for 2006 Hurricane Season and KazakhTelecom Selects Lucent Technologies' Multi-Vendor Operations Support24 May 2006
Wireless Communication industry news provided by Financial News USA (OTC: FNWU). With predictions recently of four to six major hurricanes for the 2006 North Atlantic hurricane season, Verizon Wireless, a joint venture of Verizon Communications and Vodafone (NYSE: VOD), announced that the nation's most reliable wireless network stands ready. That's because Verizon Wireless is committed to reliability by design with Verizon Wireless investing significantly in network cell sites, switches and infrastructure throughout the years. NTL Inc. (Nasdaq:NTLI) on Friday said it will initiate a 1 cent quarterly cash dividend, noting its cash flow and capital structure give it the flexibility to do so. The dividend will be paid on June 20 to shareholders of record from June 12. The company said it intends to pay quarterly dividends regularly.
KazakhTelecom, Kazakhstan's national carrier, Lucent Technologies (NYSE: LU) and Winncom Technologies recently announced that they are working together to install a multi-vendor operations support system (OSS) for a next-generation network operations center (NOC) Lucent and Winncom are building for KazakhTelecom in Astana, the nation's capital. Leveraging the new Operations Support Systems (OSS) solution, KazakhTelecom will be able to operate its network infrastructure more efficiently and better manage new IP-based services the operator plans to introduce on its next-generation network. Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, including the WifiCasino GS(TM) wireless hand-held gaming system, recently announced that it has entered into a definitive agreement to acquire Touchdev Limited. The acquisition is being made solely for Diamond I stock and is expected to close in the very near future. Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, including the WifiCasino GS(TM) wireless hand-held gaming system, recently announced that it has entered into a definitive agreement to acquire Touchdev Limited. The acquisition is being made solely for Diamond I stock and is expected to close in the very near future.
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