WiMAX Settlement

March 27, 06 by WiMAX Industry News
Favorable Impact of Recent Settlement Results in Changes to Alvarion Q4 and Full Year 2005 Financial Results - March 27, 2006 Alvarion Ltd. today announced that the recent settlement of a lawsuit with a former customer of interWAVE Communications International Ltd. (acquired by Alvarion in December 2004), will result in favorable changes to Alvarion’s results of operations for the fourth quarter and full year 2005 (as disclosed on February 8, 2006), to reflect the impact of settling the lawsuit for less than the amount of the Company’s reserve.Read the rest of this entry »
  • Date Monday, 27 Mar 06 at 3:43 pm
  • Under WiMAX
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