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CCR Update

February 5, 2003

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RoW Editorial

The opinions expressed in this editorial are those of the author and do not necessarily reflect those of Decima Reports.
 

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RoW International Short Takes

Cell phone #1 cause of accidents, according to study
A new study by the California Highway Patrol says that talking on a cell phone while driving is the number one cause of driver-distracted accidents. The study focused exclusively on the connection between cell phone use and accidents in the state. The study revealed that 18% of 9,000 accidents in 2001 were the result of inattention. Cell phone was cited in 891 crashes or approximately 10%. If the results of the study are found to be accurate, it would seem to debunk other studies that have reported cell phone related accidents to be below the 5% range.

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RoW People

Contec Innovations has appointed Don Lay VP corporate development. Lay, currently a member of the board of directors, is a principal at One Degree Capital, which has been retained by Contec to provide corporate finance and investor relation services. The agreement between Contec and One Degree Capital is subject to TSX Venture Exchange approval. Lay has held a variety of management, sales and technical positions in the enterprise software arena. Prior to co-founding One Degree Capital, he worked at Portfolio Partners Capital Corp.

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RoW Short Takes

724 Solutions shows off MMS interoperability
Toronto-based 724 Solutions and Nokia have demonstrated product interoperability for multimedia messaging service (MMS). The two companies worked on showing the interoperability of 724 Solutions’ X-treme Pull Gateway and X-treme Push Proxy Gateway with Nokia’s MMS solution. 724 Solutions’ gateway products are a flexible infrastructure for advanced messaging, and when integrated with Nokia’s MMS system, it can create an infrastructure capable of allowing rich content and personalized transactions to sent between wireless devices.

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Craig Wireless acquires Teleglobe interest in Look Communications

Wireless cable and Internet company Craig Wireless International Inc. appears to have national ambitions as it significantly increased its ownership stake in Look Communications Inc. last month with the purchase of nearly 7.2 million Look shares (RoW, Jan. 20/03). Report on Wireless has learned that Craig bought those shares from Teleglobe Inc., a bankrupt international communications provider. Unique Broadband Systems Inc. and Telesystem Ltd., Charles Sirois’ private holding company, are Look’s two other major shareholders.

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SR Telecom adds former COM DEV wireless product line to extensive portfolio

SR Telecom Inc. believes it has a better chance of successfully selling and marketing the former M/ERGY product line, originally developed by COM DEV International Ltd., than its previous owner due to the expansive geographic presence of the company. Last month, the Montreal-based wireless equipment manufacturer rounded out its portfolio of fixed wireless gear with the acquisition of certain assets of Mergy Inc. from Axio Wireless Inc. (RoW, Jan. 20/03).

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TeraGo Networks lands another round of financing, continues solid growth

Wireless data communications provider TeraGo Networks Inc. has scored another injection of cash from its key investors, allowing the company to continue its network build in the Toronto region. This latest round provides the company with another $14 million, bringing total investment in the firm over the last 20 months to $36 million. Some of the company’s key investors include Dolphin Equity Partners, Dynamic Ventures Opportunities Fund, Ontario Municipal Employees Retirement System and CIT Group. With backing from Dolphin, TeraGo won 70 licences in the 24/38 GHz spectrum auction (RoW, Nov. 29/99).

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Real success stories replace hype of fixed wireless at international conference

International fixed wireless operators have banded together to form an Operator’s Working Group within the Wireless Communications Association (WCA). The action was taken at the WCA’s Ninth Annual Technical Symposium in San Jose last month, and it’s hoped the initiative will play a key role in reversing the fortunes of the fixed wireless sector.

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Roller coaster January for struggling satcom provider Globalstar

Globalstar LP and its Canadian counterpart Globalstar Canada endured a turbulent January as the struggling mobile satellite communications provider received a proposed investment that would have kept the company afloat and then had the proposal pulled off the table at the last minute. The roller coaster ride continued last week when Globalstar was given the right to implement a terrestrial in-fill network to complement its satellite coverage in urban areas, but had a 2 GHz licence awarded to it in July 2001 deemed null and void.

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