wefi raises more money

Written by admin on August 5, 2009 – 4:25 am

  • Lightspeed Venture Partners and Pitango Venture Capital are pouring more capital into WeFi, operator of a global, community-based network of WiFi hotspots, in an undisclosed Series B round of funding and following an earlier round by both investors secured back in May 2007.
  • Bezeq Israel Telecom, the country’s dominant phone company, reported a 19 percent rise in quarterly net profit on Wednesday and raised its outlook for the rest of 2009.
  • Fring announced today that the Fring 3.40 is now available for Samsung (Symbian) handsets.
  • The iGO My Way 2009 turn-by-turn navigation app is now available in the App Store, offering editions for North America, Europe, and Western Europe.
  • IDB Holding Corp. Ltd. mobile telecommunications unit Cellcom Israel Ltd. said that it is considering a bid to buy 100 percent of Mirs, the smallest cellular company in Israel.
  • looking for information or contacts in Israel mobile industry? contact me at geva@kraoz.com

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fring is no suck really :)

Written by admin on July 7, 2009 – 11:49 pm

  • Here is a really funny video about fring.
  • modu completed the production on the first line of the “modu” mobile phone. “calcalist” news paper reports that the 200 employees have started using the device.
  • N-trig, an Israeli technology start-up that has designed a touch computer device, may go public next year in New York and could command a market value of $1 billion, according to CEO Amihai Ben David.
  • A major change in Israel’s telecommunications infrastructure could be in the works. Sources inform “Globes” that Israel Electric Corporation and Partner Communications Ltd. are in talks to set up a venture which will use the IEC’s fiber optic cable network as a telecommunications network.
  • An interesting interview with Emoze, an email and messaging solution for the mass market.
  • Comverse Technology Inc. said that it has settled the options backdating case brought against it by the US Securities and Exchange Commissio.
  • Comverse Inc. is the latest company to end litigation with Klausner Technologies Inc. in an infringement suit over visual voice-messaging technology, leaving Embarq Communications Inc. as the last of nine defendants named in the suit.
  • WeFi, the company behind the global WiFi network, has launched WeFiApps, what they say is the first WiFi powered launch pad for mobile applications.
  • Funambol and JAJAH, the global IP communications company, announced the world premiere of the new Go JAJAH service, to be launched exclusively in Italy
  • irael’s parliament is considering whether to allow a fifth mobile operator. The Economic Arrangements Bill which accompanies the state budget calls for the addition of a mobile virtual network operator (MVNO).
  • Hong Kong conglomerate Hutchison Whampoahas asked potential buyers to submit bids for its majority stake in Israel’s Partner Communications by Wednesday.
  • In 1Q09, Alvarion consolidated its overall WiMAX equipment revenue share lead by migrating existing customers to 802.16e networks and winning new business.
  • Comverse today announced that GTEL Mobile, a new mobile operator in Vietnam, has deployed the Comverse® ONE? Billing & Active Customer Management? solution, a converged billing system that will help differentiate the operator from other telecom providers by offering flexible billing models and a 360-degree view of the customer, regardless of touch point.
  • Looking for information or contacts in Israel mobile industry? contact me at geva@kraoz.com

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