Earnings Call Excerpt
NextWave Wireless, Inc. (WAVE)
The Wall Street Analyst Forum
November 28, 2007 2:40 pm ET
Executive
Roy Berger - EVP, Marketing and Communications.
Presentation
Moderator
Okay our next company this afternoon is NextWave Wireless Incorporated. NextWave Wireless Incorporated is a global provider of mobile broadband products and technologies to enable Wireless 2.0, the next generation of mobile communications. The company's portfolio of innovative products includes semiconductors to power fourth generation mobile broadband devices, leading edge mobile broadband network products, and a breakthrough 4G mobile technology optimized for UMTS operators around the world.
In addition, NextWave Wireless is the world's leading supplier of device embedded software that transforms a mobile handset into a fully featured multimedia device that provides people the ability to screen, download and play video and music, receive live TV broadcast and engage in two-way video telephony. Today, over 160 million handsets powered by NextWave software have been shipped by many of the largest wireless operators in the world.
And presenting this afternoon is Roy Berger, the Executive Vice President of Marketing and Communications.
Roy Berger
Thank you. Well thanks to we praise you for taking the time to --
Unidentified Company Representative
There is a huge crowd on the web, so don't just play to us and remember that you are being recorded.
Roy Berger
Right. Okay, actually I’m really happy to have the opportunity to share the NextWave story. We'll walk through analyst forum today. I'll let you understand that this is going to webcast. We think we have a very exciting story to tell. It's hopefully, will be able to provide you with a lot of good information and you would learn about what our company is up to. There is the obligatory forward-looking statements that we need to read. Okay, I think we're done with that.
Okay. To put it to words, a little bit more succinctly then how the introduction was we are a mobile multimedia technology company. What we do is develop semiconductor solutions, software solutions and wireless network infrastructure solutions that enable next-generation mobile multimedia application, such as like mobile TV. The important thing is that, this is a market that is on a verge of explosive global growth and we'll talk about that a little more in a moment.
Before I get into the details of the products and services that we offer, let me stop for a minute and review a couple of key facts. We were formed in April 2005. We were listed on NASDAQ in January of this year. Our aggregate funding reached $1.2 billion. Today we have over 1000 employees located in approximately 35 locations around the world, plus 29 there we've opened up some recently.
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