Wispra founder tunes into radiowaves for wireless future

Article Abstract:

Montreal, Que.-based Wispra Networks Inc., which is led by president Joe Church, paid $74 million for six new wireless licenses. Wispra, which will offer high-speed Internet access and data services with the licenses, is supported by Craig McCaw.

Radiotelephone communications, Finance, Telecommunications services industry, Telecommunications industry, Wispra Networks Inc.

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Newbridge loses bulk of multimillion-dollar contract

Article Abstract:

Newbridge Networks Corp of Kanata, Ontario, has lost most of a projected C$333-million contract to supply the equipment for WIC Connexus' high- capacity wireless network to Cisco Systems. Newbridge was awarded its two- thirds share of the four-year, C$500-million contract in Aug 1998. Telecommuications networking equipment supplier Cisco Systems Inc of San Jose, CA, is also the supplier to Shaw Communications Inc, which owns 52% of Connexus parent WIC Western International Communications Ltd.

United States, Telephone Apparatus Manufacturing, Cellular Mobile Tel Switching Eqp, Wireless communications, Cisco Systems Inc.

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Newbridge shares fall 9% following loss of contract to Cisco

Article Abstract:

Newbridge Networks Corp, a Kanata, Ontario-based wireless equipment company, has reportedly lost a lucrative contract with Toronto, Ontario- based WIC Connexus to US-based rival Cisco Systems Inc. The contract, which Newbridge shared with Alcatel SA of France, was worth between C$450 million and C$500 million when it was announced in Aug 1998. Newbrige had hoped to secure two-thirds of the revenue through that contract.

Contracts & orders received, Radio and Television Broadcasting and Wireless Communications Equipment Manufacturing, Mobile Radio Systems, Newbridge Networks Corp.

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