Nokia and CommTel Bring Soul Triple Play Over DSL in Australia and L-3 Communications Announces First Quarter 2006 Resul
27 April 2006
Telecommunications industry news provided by Financial News USA (OTC: FNWU) CommTel Network Solutions Australia, a value added re-seller of Nokia's network solutions, has signed an agreement for the supply and implementation of Nokia broadband DSL solutions and related services to the Soul group of companies all operating in Australia. Deliveries commenced in January 2006 and the system will be up and running during April 2006. CQIP Investments has forwarded a Letter of Intent to Damya International (``Damya'') to acquire a 50% interest in the operations of Damya, a telecommunications company. Damya, CQIP and Satelinx (OTC: SLXI) have entered into a Memorandum of Understanding whereby the operations of Damya are to be incorporated into Satelinx. This will have the impact of extending and expanding the operations into numerous additional countries in both Africa and Europe and generating important sales growth in the areas of VoIP, Telephony and Voice Virtual Private Network Solutions. To view the full report for SLXI visit www.stocksjournal.com Sierra Wireless and Digi International (NASDAQ: DGII) today announced that Digi has selected the Sierra Wireless AirCardĀ® 860 and AirCardĀ® 850 HSDPA PC Cards, AirCardĀ® 775 EDGE PC Card, and MC5720 EV-DO PCI Express Mini Card embedded module to provide 3G wireless connectivity for their upgradeable ConnectPort(TM) WAN VPN router product line. ConnectPort WAN VPN routers are commercially available today to customers globally. L-3 Communications (NYSE: LLL) today announced strong results for the 2006 first quarter, including sales of $2,903.8 million, operating income of $288.4 million, diluted earnings per share of $1.13, net cash from operating activities of $187.5 million and free cash flow(1) of $161.3 million. About Financial News USA Financial News USA is a Next Generation Financial Communications firm focused on the distribution of market moving news. Financial News USA has developed leading edge e-publishing tools including programming proprietary RSS feeds and enabling open source press release publishing across its network. Financial News USA has been aggressively expanding its news distribution network by targeting direct feeds to financial news and data providers such as FinancialContent, Yahoo (NASDAQ: YHOO), among others. Financial News USA offers a free news feed available online (www.financialnewsusa.com) to websites and financial services looking for content and for individual investors looking to stay informed on the financial markets. Financial News USA and its affiliates charge each client cash for news distribution and may take an equity position in the companies mentioned herein, please visit the disclaimer at www.financialnewsusa.com Contact Information: Financial News USA Tel: (626) 961-8041 Email: info@financialnewsusa.com
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