Glenayre and WebLink Wireless Announce Partnership for Significant Capacity Expansion

Glenayre Technologies Inc. has announced an agreement with WebLink Wireless Inc. to provide more than $20 million in wireless network infrastructure equipment and software through 2001. This partnership will enable WebLink Wireless to triple their ReFLEX network capacity and increase data speeds, allowing them to serve more customers on their nationwide network with faster communications.

The new equipment and software will significantly expand WebLink Wireless's capacity to provide wireless e-mail and instant messaging services, which have gained popularity among consumers. WebLink Wireless plans to invest in this expansion to support their growth prospects and maintain their leadership role in the wireless data industry.

Key Takeaways:

  • Glenayre will provide WebLink Wireless with over $20 million in wireless network infrastructure equipment and software through 2001.
  • The partnership will enable WebLink Wireless to triple their ReFLEX network capacity and increase data speeds.
  • This expansion will allow WebLink Wireless to serve more customers on their nationwide network with even faster communications.
  • WebLink Wireless will be able to provide more wireless e-mail and instant messaging services, which have gained popularity among consumers.
  • The partnership is part of Glenayre's Solutions for an @ctive World portfolio.
  • ReFLEX networks are wireless data networks that allow for two-way interactive messaging between wireless devices.

Statistics:

  • WebLink Wireless plans to invest over $20 million in wireless network infrastructure equipment and software through 2001.
  • The new equipment and software will enable WebLink Wireless to triple their ReFLEX network capacity.
  • WebLink Wireless serves approximately 2.4 million customers.
  • The company has recorded total revenues of $325 million for the year ended December 31, 1999.
  • Glenayre has 1,300 employees located in 14 countries and 1999 net sales exceeding $238 million.

Sources:

  • "Business Editors CHARLOTTE, N.C.--(BUSINESS WIRE)--Oct. 9, 2000"
  • www.glenayre.com
  • www.weblinkwireless.com
  • Securities Exchange Act of 1934, as amended
  • Motorola, Inc.