Vodafone Wins GSM Association 'Best Roaming Product or Service' and 'Best Broadcast Commercial' Awards and Verizon Wireless Expands Its Network

Wireless Communication industry news provided by Financial News USA (OTC: FNWU) At the 2006 GSM Association Awards Ceremony in Barcelona, Spain, yesterday evening, Vodafone (NYSE:VOD) was awarded 'Best Roaming Product or Service' and 'Best Broadcast Commercial'. The awards were given for two Vodafone pricing initiatives that were specifically designed to drive usage and deliver greater value to Vodafone's customers. NII Holdings, Inc. (Nasdaq: NIHD) recently announced that it filed with the Securities and Exchange Commission a registration statement on Form S-3 for the resale by selling security holders of notes and underlying shares of common stock relating to its $350 million aggregate principal amount 2.75% convertible notes due 2025.

In a continuing effort to provide the best wireless service for residents and commuters in Mercer County, Verizon Wireless (NYSE:VZ), operator of the nation's most reliable wireless network, has expanded its network with a new cell site in Princeton. The new site increases coverage and capacity along Routes 206, 27 and around Princeton University's campus. Diamond I, Inc. (OTC Bulletin Board: DMOI), a developer of wireless gaming products, recently expressed its encouragement following last week's Nevada Gaming Commission review of proposed rules for hand-held, wireless gambling devices, such as Diamond I's WifiCasino GS(TM) wireless gaming system. Diamond I, Inc. is a development-stage company that develops wireless gaming products, including a hand-held Wi-Fi-based gaming system for on-premises use by casinos/resorts, known as "WifiCasino GS Concierge and Gaming System"(TM).

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