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November 15, 2006

4G Systems Taps T-Mobile To Speed Market Dev

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4G Systems GmbH in Hamburg has raised an undisclosed amount of financing in a round led by T-Mobile Venture Fund (one of Deutsche Telekom's VC vehicles), earlier investors Brockhaus Private Equity and Adinvest also joined. The new capital is develop 4G's iternational activites at speed. 4G makes a box that supports a higher speed data service (HSDPA), that the likes of T-Mobile and other cellular operators would like to see gain some uptake among households and business.
Read - alarm:clock euro: Hamburg startup = Broadband Internet + Alphabet Soup – Wires Archives (the alarm:clock)
Read - 4G Systems GmbH / T-Mobile Venture Fund beteiligt .(FAZ/ots)

Posted on November 15, 2006 03:08 PM | Posted to News And Updates | Permalink

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