--(www.USEquityNews.com)-- 06/18/2008 - Wireless Communications industry alert provided by U.S. Equity News. Diamond I, Inc. (OTCBB: DMOI) announced that it has established www.USBiofuelsExchange.com (the "USBE"), a new Internet biofuels marketplace. The USBE is the brainchild of DMOI's newest director, Tom Gray. Mr. Gray has over 25 years' experience marketing biofuels, including 25 years of marketing ethanol, and has been marketing biodiesel since its market introduction. Mr. Gray is a past winner of the "Northern Colorado Entrepreneur of the Year." Also, Mr. Gray served the Colorado Wyoming Petroleum Marketers Association in various capacities, including Co-Chairman of the Board, President and Trustee.
Alvarion Ltd. (NASDAQ: ALVR), the world's leading provider of WiMAX(TM) and wireless broadband solutions, today announced the successful trial of its end-to-end 4Motion(R) solution and 802.16e BreezeMAX(R) RAN (radio access network) platform by the Industrial Technology Research Institute Campus (ITRI) in Hsinchu, Taiwan. Following extensive indoor lab tests, ITRI and Alvarion achieved sector handover at up to 80 km/hour while performing mobile usage test scenarios with VoIP, video streaming, IPTV and document exchange applications at data rates exceeding 12 Mbps. Taiwan's government selected the WiMAX technology for executing its M-Taiwan national program.
The year 1993 marked several milestones in the history of wireless communications. The number of GSM subscribers reached the symbolic figure of one million. Mobile data services were born, with the first SMS from phone to phone being sent in Finland. And three young engineers with a firm belief that the future would be wireless founded Wavecom (NASDAQ: WVCM). Since its inception fifteen years ago, in June 1993, Wavecom has continuously pioneered not only wireless technology development, but also the creation of new business models contributing to driving the wireless communications market forward.
Mobile TeleSystems OJSC (NYSE: MBT), the largest mobile phone operator in Russia and the CIS, announces that its consolidated subscriber base reached 86.30 million users on May 31, 2008. Mobile TeleSystems OJSC ("MTS") is the largest mobile phone operator in Russia and the CIS. Together with its subsidiaries, the Company services over 86.30 million subscribers. The regions of Russia, as well as Armenia, Belarus, Turkmenistan, Ukraine, and Uzbekistan, in which MTS and its associates and subsidiaries are licensed to provide GSM services, have a total population of more than 230 million. Since June 2000, MTS' Level 3 ADRs have been listed on the New York Stock Exchange (ticker symbol MBT). Additional information about MTS can be found on MTS' website at http://www1.mtsgsm.com.
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