Atlantic Tele-Network Announces Sale of U.S. Retail Wireless Business to AT&T

Atlantic Tele-Network, Inc. (ATNI), a telecommunications service provider to rural, niche and other under-served markets, today announced it has agreed to sell its domestic retail wireless business operated under the Alltel name by ATN’s subsidiary Allied Wireless Communications Corporation (“Allied”). AT&T will purchase the operations in an all-cash transaction valued at approximately $780 million.

Allied, based in Little Rock, Arkansas, serves approximately 585,000 customers in rural areas of six states – Georgia, North Carolina, South Carolina, Illinois, Ohio and Idaho, and generated revenues for the first nine months of 2012 of approximately $350 million. In ATN’s public filings, these operations are consolidated within its U.S. Wireless segment. These operations generated operating income estimated to be approximately $34 million, which is net of depreciation and amortization expense of approximately $42 million, for the first nine months of 2012.

MTS Receives 2011 Communications Solutions Product of the Year Award

TEM Suite Recognized for Exceptional Innovation

MTS - Mer Telemanagement Solutions Ltd. (Nasdaq Capital Market:  MTSL), a global provider of business support systems (BSS) for comprehensive telecommunication management, telecommunications expense management (TEM) solutions and customer care & billing (CC&B) solutions, announced today that TMC, a global, integrated media company, has named TEM Suite as a recipient of a 2011 Communications Solutions Product of the Year Award.

magicJack Revenue and EPS Estimates Are $37.5 - $38.5 Mil and $0.48 - $0.52 Per Share for Q2, 2012

The Company Also Raises Full Year 2012 Revenue Growth and EPS Estimates

magicJack VocalTec, Ltd. (CALL) (the "Company"), a cloud communications leader that invented voice over IP (VoIP) and sold over nine million magicJacks(R), today communicated Q2, 2012 estimates. The Company will continue to keep the investment community informed of matters that may be deemed pertinent during the Repurchase program as they become available.

Ingram Micro to Become Leading Provider of Mobility Products, Services and Solutions With Acquisition of Brightpoint

    Provides Immediate Scale in Rapidly-Growing Mobility Market
    Expands Ingram Micro's Suite of High-Value Logistics Services and Solutions
    More than $55 million in Expected Annual Cost Synergies and Efficiencies by 2014
    All Cash Acquisition Expected to Expand Margins and be Meaningfully Accretive to Earnings per Share

Ingram Micro Inc. (NYSE:IM), the world's largest technology distributor and supply-chain services provider, and Brightpoint, Inc. ("BrightPoint") (Nasdaq:CELL), a global leader in providing device lifecycle services to the wireless industry, announced today they have entered into a definitive agreement under which, subject to customary closing conditions, Ingram Micro will acquire all of the outstanding shares of BrightPoint common stock for $9.00 per share in cash, a 66 percent premium to BrightPoint's closing stock price on June 29, 2012, and a 35 percent premium to the 90-day average trading price.