Zaghloul making wireless play
Briefs | 04/27/2007 1:14 pm EDT
Hatim Zaghloul, the founder of Wi-LAN Inc. and the creator of OFDM wireless technology, appears to be making a bigger wireless play with his latest company's acquisition of Fatport Corp. from Ignition Point Technologies Corp. PowerStar International Inc. announced yesterday that it had reached an agreement to acquire the independent hotspot operator for approximately $1.2 million. "We plan to strengthen the existing strategic relationships and forge large scale relationships with [the] worldwide advertising marketplace to provide contextual messaging which should generate significant revenue and enhance customer experience," said Zaghloul, CEO and chair of PowerStar.
This content is available to wirereport.ca subscribers
Already a subscriber? Sign in here
Unlock all the Canadian telecom, broadcasting and digital media news you need.
Take a free trial or subscribe to The Wire Report now.
Two weeks free access to thewirereport.ca and our exlusive newsletters.
Unlimited access to thewirereport.ca and our exlusive newsletters.