Equity Solutions Features Diamond I on USEquityNews.com and Save on Gas and Avoid Traffic This Fall with Verizon Wireless
31 August 2006
Wireless Communications industry news provided by Financial News USA (OTC: FNWU). Equity Solutions, Inc. features Diamond I, Inc. (OTC BB: DMOI) a developer of wireless gaming products, including the WifiCasino(TM) wireless hand-held gaming system on USEquityNews.com. Diamond I, Inc. recently announced that its patent application, "Biometrically-Secured Portable Wireless Entertainment, Shopping & Gaming System," has been published in the Official Gazette of the U.S. Patent and Trademark Office. Lucent Technologies Inc. (NYSE:LU) on Wednesday said it filed a formal notice to the Committee on Foreign Investment in the United States seeking approval for its $10.4 billion purchase by France's Alcatel (NYSE:ALA). The committee, an interagency panel led by the U.S. Treasury, must approve foreign acquisitions of U.S. companies. The deal currently values Lucent at about $2.33 a share, or $10.4 billion.
With record prices at the pump and the promise of more traffic on the roads as summer vacations come to an end, Verizon Wireless, a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD), is highlighting several mobile services that help workers commute more efficiently during their morning and evening drives. Services such as VZ Navigator(SM), FuelFinder and TXT Traffic Alerts can help customers locate an unfamiliar destination, a nearby gas station with the best prices and avoid traffic congestion while on the road. A private equity consortium has approached UK cable company NTL (Nasdaq:NTLI) about a potential 10 billion pound ($19 billion) takeover, but there are no serious talks underway, sources close to the deal said on Thursday. The approach, which if successful would be the largest ever European leveraged buyout, is being led by U.S. buyout firm Providence Equity and includes U.S. firms Kohlberg Kravis Roberts and The Blackstone Group as well as Britain's Cinven.
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