February 21, 2007 NEXTWAVE WIRELESS FINALIZES ACQUISITION OF GO NETWORK |
GO Networks to Operate as a Wholly Owned Subsidiary of NextWave Wireles |
San Diego, CA, February 21, 2007 - NextWave Wireless Inc. (NASDAQ: WAVE) announced today that it has completed its acquisition of GO Networks Inc., a privately-held company headquartered in Mountain View, CA with research and development facilities in Tel Aviv, Israel. GO Networks provides advanced Wi-Fi network systems to service providers looking to deploy campus and metropolitan Wi-Fi systems with carrier-class quality, coverage, capacity and performance. �We are delighted to welcome the GO Networks team into NextWave and look forward to working with them to provide customers around the globe with the most advanced, reliable, and cost-effective mobile Wi-Fi solutions possible,� said Allen Salmasi, president and chief executive officer of NextWave Wireless Inc. Media Contacts: Roy Berger NextWave Wireless Inc. (203) 742-2572 [email protected] Yuval Mor GO Networks Inc. 408-621-6966 [email protected] |