Wireless Communications industry news provided by Financial News USA (OTC: FNWU). NewMarket Technology, Inc. (OTCBB:NMKT) recently released a letter to shareholders from CEO Philip Verges providing details on the Company's plans to build revenue and profits in 2007 and to issue shareholder dividends. NewMarket estimates 2006 revenue at $70 million with record profits. NewMarket and Diamond I, Inc. (OTCBB:DMOI) have entered into a letter of intent agreement to consolidate Wi-Fi technology assets with $10 million in revenue forecasted in 2007.
Vodafone Group (NYSE:VOD) on Wednesday said its mobile customer base topped 200 million at the end of January for the first time. The operator of mobile phone services in Germany, Italy, the U.K. and elsewhere said proportionate mobile revenue, on a comparable basis, grew 6.1% in the quarter ending Dec. 31, after adding 8.7 million customers on a comparable net basis. It held to its financial year ending March 31 forecasts, with the quarterly and year-to-date performance in line with expectations. InterDigital Communications Corporation (Nasdaq:IDCC), y announced that the company's executives will present at the Thomas Weisel Partners Tech 2007 Conference. The presentation will take place on Monday, February 5, at 2:05 p.m. Pacific Standard Time from the Fairmont Hotel in San Francisco, CA. Company executives will present InterDigital's strategy, business update, and the company's unique positioning to capitalize on growth trends in the wireless industry. Stocks that were moving substantially or trading heavily on the New York Stock Exchange and Nasdaq Stock Market: NYSE: Alcatel-Lucent (NYSE:ALU), down $1.04 at $13.15. The world's biggest telecommunications equipment maker said it will turn a loss during the fourth-quarter as sales have been slammed by consolidation among its customers.
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