San Diego, United States
NextWave Wireless Inc. (NASDAQ: WAVE), a global provider of mobile broadband products and technologies to enable Wireless 2.0, the next generation of mobile communications, today announced the launch of its Latin American business operation, NextWave Wireless - Latin America. The new business unit will deliver NextWave's broad array of industry-leading mobile broadband and wireless technology solutions to customers throughout the Latin American region. Rafael Steinhauser has been named president of the unit, which is headquartered in Sao Paulo, Brazil.
"We look forward to providing customers in Latin America the high-performance and cost-effective wireless broadband solutions needed to support their diverse telecommunications requirements. With our global experience, a world-class line-up of proven wireless broadband products, and an ability to deliver end-to-end wireless broadband solutions, NextWave is well-positioned to take advantage of the rapidly expanding opportunities in the region," said Allen Salmasi, chairman and chief executive officer of NextWave Wireless Inc. "Rafael Steinhauser's extensive experience in the Latin American telecommunications industry will be a tremendous asset as we build new customer partnerships and deliver the full range of NextWave innovations to customers throughout the region."
Mr. Steinhauser joins NextWave Wireless with over 22 years of experience in telecommunications, half in the Latin American region. From 1994 to 1999, he served as the head of Qualcomm South America and in 1999 was appointed executive vice president at Vesper South America, a Brazilian telecommunications carrier. Mr. Steinhauser assumed the presidency of Nortel Networks Brazil in 2000, and subsequently served as president of Cisco's Brazilian division before joining NextWave Wireless. He holds a Masters Degree in Aerospace Engineering from the Technische Universitat Berlin.
"Our goal in Latin America is to enable the next generation of mobile communications and meet the growing demand for high-performance, high quality, and cost-efficient broadband services among business and residential users," said Mr. Steinhauser. "It's exciting to be part of NextWave Wireless, a global company that understands local needs, and whose wide array of innovative capabilities and flexible solutions will make a real difference for customers in Latin America."
The offices of NextWave Wireless Latin America are located at:
Market Place I
Av. Chucri Zaidan 920 - 9th andar
04583-904
Sao Paulo-SP, Brazil
About NextWave Wireless Inc.
NextWave Wireless Inc. (NASDAQ: WAVE) develops next-generation wireless broadband products and technologies for mobile device and network equipment manufacturers and for wireless service operators. The company's products and technologies are designed to make wireless broadband faster, more reliable, more accessible and more affordable. Through its NextWave Broadband subsidiary, the company is developing a family of semiconductor and network component products based on WiMAX and Wi-Fi technologies. Its PacketVideo subsidiary provides device-embedded multimedia software for mobile phones and converged devices to many of the largest wireless carriers and handset manufacturers in the world. Its GO Networks subsidiary offers commercial and municipal service providers around the globe with carrier-class, mobile Wi-Fi systems optimized for wide-area deployment. Its IPWireless subsidiary is a global provider of TD-CDMA based mobile broadband and mobile broadcast products and technologies. NextWave has obtained a licensed spectrum footprint in the U.S. that covers over 248 million people and nationwide WiMAX spectrum in Germany and Switzerland through a majority-controlled joint venture. The company intends to make its spectrum available to service providers looking to deploy next-generation wireless broadband networks that utilize NextWave's advanced wireless broadband products and technologies. Visit NextWave Wireless at www.nextwave.com.
Note Regarding Forward-Looking Statements
This press release contains "forward-looking statements" for purposes of the Private Securities Litigation Reform Act of 1995 that involve risks and uncertainties. There can be no assurances that forward-looking statements will be achieved, and actual events or results could differ materially from the events or results predicted or from any other forward-looking statements made by, or on behalf of, NextWave, and should not be considered as an indication of future events or results. Important factors that could cause actual events or results to differ materially are discussed in greater detail in the filings of NextWave with the Securities and Exchange Commission. All such documents are available through the SEC's website at www.sec.gov. NextWave makes no commitment to revise or update any forward-looking statements in order to reflect changes in events or circumstances after the date any such statement is made, except as may be required pursuant to applicable law.
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Source: Business Wire (Business Wire India)