Verizon Wireless High-Speed Broadband Network Expands and Sprint Nextel Announces Dates for Annual Meeting

Wireless Communication industry news provided by Financial News USA (OTC: FNWU) Verizon Wireless (NYSE:VZ) recently announced the expansion of its high-speed EV-DO (Evolution-Data Optimized) wireless broadband network to Staten Island, bringing two award-winning services to local residents and businesses. BroadbandAccess, providing businesses wide-area wireless broadband Internet access, and V CAST, the nation's first wireless broadband multimedia service for consumers, are available recently throughout Staten Island. AT&T Inc.'s (NYSE:T) chief operating officer Randall Stephenson dispelled rumors that his company will buy Qwest Communications International Inc. in the short term. But he said more consolidation in the telecommunications industry is inevitable.

Sprint Nextel Corp. (NYSE:S) will hold its annual meeting of shareholders on Tuesday, April 18, 2006 at 10 a.m. at the Hyatt Regency Reston, 1800 Presidents Street, Reston, Va. Details of the meeting are included in the proxy statement that was delivered to shareholders and is available online at www.sprint.com/investors/shareholders/annualmeeting. Shareholders may listen live by phone to the annual meeting. Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, recently announced that the Nevada Gaming Commission adopted final regulations implementing Nevada Law AB471 at its meeting yesterday in Las Vegas. The adoption of the final regulations allows companies to begin to file applications for approval of hand-held wireless gambling devices, such as Diamond I's WifiCasino GS® wireless gaming system.

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