Latest Telecommunications Equipment News

Beam Communications finalizes the independent valuation of its Zoleo Inc. joint venture stake at US$13.7 million and confirms plans to return capital to shareholders.

Etherstack’s US subsidiary has locked in a significant seven-year Master Supply Agreement with AT&T, promising steady revenue and validating its mission-critical telecom technology.

Beam Communications has received the second draft valuation report for its Zoleo Inc. joint venture, setting the stage for significant payments from partner Roadpost Inc. later this year.

Beam Communications has finalized a settlement with Roadpost Inc. that will see it receive approximately AU$4.1 million in addition to proceeds from selling its 50% stake in Zoleo Inc. This payment covers early royalties and inventory adjustments, setting the stage for a major capital return review.