The new SR Telecom has retained the trust and support of its global customer base, and is increasing deliveries of its WiMAX solutions following the recent acquisition of its business activities by Groupe Lagasse. Merely a month in since the re-launch of its business as a subsidiary of Groupe Lagasse, SR Telecom & Co., S.E.C. announced that it has received purchase orders for wireless network deployments from customers in Cameroon, Mexico and the Philippines and is on-track to securing significant additional orders from new and existing customers in the next few weeks.

Clearwire (NASDAQ: CLWR) and Sprint Nextel (NYSE: S) announced Wednesday that the companies will combine their broadband wireless units to create a $14.55 billion mobile wireless communications company to provide internet access, phone service, movies, games and a variety of other broadband wireless data services. The new company, which will retain Clearwire's name, will continue developing a mobile network based on WiMax technology, which promises much faster speeds than the latest 3g cellular networks.