"Supermajor" Oil Company Selects Redline Communications for Field Wireless Networking

Redline Communications (www.rdlcom.com Group Inc. TSX: RDL), a leading provider of broadband wireless solutions for machine-to-machine (M2M) communications announced today that its portfolio of Virtual Fiber™ rugged wireless broadband network systems has been selected by one of the 5 largest publicly-owned global oil and gas companies, collectively known as the "supermajors," for its oilfield wide area networks.

"Oil and gas companies are demanding when it comes to their mission critical infrastructure, so it's a significant accomplishment to have proven in their fields that we can meet all their networking needs," said Robert Williams, interim CEO of Redline. "It's a tremendous vote of confidence in our company, our research and development team and our equipment to have this multinational company select our technology.

InterCloud Systems Reports Third Quarter 2013 Results

Revenue Increases 448% to Over $16 Million in the Third Quarter With Net Income of $1.3 Million

InterCloud Systems, Inc. (the "Company" or "InterCloud") (ICLD), a single source provider of end-to end IT technology and telecom solutions to the service provider and corporate enterprise markets through professional services and cloud platforms, today announced financial results for the third quarter ended September 30, 2013.

"Our third quarter results reflect the integration of our completed acquisitions, and the success of InterCloud's cross selling plan," said Mark Munro, Chief Executive Officer of InterCloud Systems. "InterCloud now offers a full set of cloud and managed services as well as professional services focused on providing end-to-end network solutions for both carriers and enterprises. We continue to be well positioned for growth into 2014."

Mitel and Aastra Announce Plan to Merge

Combination creates a billion dollar company with a global installed base and the technology and scale to migrate those customers, and the broader market, to cloud based solutions.

• US$1.1 billion total revenue
• US$100 million cloud business
• Global customer base of 60 million end users
• #1 market share in Western Europe
• Competitive solutions portfolio to address businesses of any size
• Attractive synergies expected within first 24 months
• Accelerated path to further de-leverage the business

 Mitel Networks Corporation (MITL) (MNW.TO), a leading provider of cloud and premises-based unified communications software solutions, and Aastra Technologies Limited (AAH.TO), a leader in enterprise communications, today announced that they have entered into a definitive arrangement agreement unanimously approved by the Boards of Directors of both companies, under which Mitel will acquire all of the outstanding Aastra common shares for US$6.52 in cash plus 3.6 Mitel common shares per each Aastra common share

Gogo Announces Third Quarter 2013 Results And Raises Full Year Guidance

Record quarterly revenue up 48 percent to $85.4 million

Gogo Inc. (GOGO), a leading provider of in-flight connectivity and a pioneer in wireless in-flight digital entertainment solutions, announced today its financial results for the quarter ended September 30, 2013.

Third Quarter Highlights

• Total revenue increased to $85.4 million, up 48 percent from the comparable prior year period
• Adjusted EBITDA increased to $2.0 million, up 251 percent from the comparable prior year period

  Published: 11 November 2013

  Written by Editor

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