Atlanta, GA – Scibility Media – 10/15/2014
This article discusses two wireless technologies companies: InterDigital, Inc.(NASDAQ:IDCC) and xG Technology Inc(NASDAQ:XGTI)
InterDigital, Inc.(NASDAQ:IDCC) recently demonstrated its Network-as-a-Service solutions at the 2014 Telecom Council Carrier Connections Executive Summit in Mountain View, California. The presentation including a discussion of how the company’s technology addresses the need for multivendor management optimization solutions and what 5G means for the wireless community.
The Delaware-based company design and develop wireless communications technologies in North America, Europe, and Asia. The company develops solutions for a variety of wireless products and networks, including 4G and IEE-802 related products.
InterDigital has traded within a range of $26.25 to $49.10 over the past 52 weeks. The company, which has a market capitalization of $1.63 billion, will be releasing its next earnings report on Oct. 29th, 2014.
On Oct. 6th, xG Technology Inc(NASDAQ:XGTI) announced that it had received the Broadband Impact Product of the Year at BroadbandVision, an event that was held in Las Vegas from Oct. 1st to the 3rd. The award was granted to the company’s CN3200 Dual Band Routing Modem, whose cost-effective delivery of innovative wireless broadband for voice, video, and data was highlighted. The compact device operates in both the 900MHz and 2.4GHz spectrum.
Despite the company’s recent recognition, its trading volume has fallen. While the company has a three month trading volume figure of 476,943, the company’s mark came in at 231,312 yesterday. The company’s value is also falling.
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