NextWave Wireless Completes Purchase of Controlling Interest in Zurich-Based WiMAX Telecom AG
NextWave Wireless Inc. have announced that Inquam Broadband GmbH, a majority-owned NextWave subsidiary, has completed its purchase of a 65 percent controlling interest in WiMAX Telecom AG.
Based in Zurich, Switzerland, WiMAX Telecom AG has obtained nationwide wireless broadband spectrum concessions in Austria and Slovakia, and a major spectrum concession in Croatia. The company currently operates WiMAX networks in Austria and Slovakia and provides wireless broadband service to 8,500 customers.
