AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

LS telcom AG

M&A Activity Dec 17, 2009

266_rns_2009-12-17_d7129f72-efde-4364-964c-152da632893e.html

M&A Activity

Open in Viewer

Opens in native device viewer

News Details

Corporate | 17 December 2009 09:38

LS telcom AG: Partnership with spectrum auction software developer KB Enterprises LLC

LS telcom AG / Letter of Intent

17.12.2009

Dissemination of a Corporate News, transmitted by
DGAP - a company of EquityStory AG.
The issuer / publisher is solely responsible for the content of this announcement.


Spectrum Management Software Firms Create Partnership To Help Solve
Wireless Spectrum Shortage

Washington, DC, USA / Lichtenau, Germany - International spectrum auction
software developer KB Enterprises LLC and LS telcom AG, the world's leading
spectrum management software supplier, announced today that they are
joining forces to offer telecommunications regulators and network operators
the most comprehensive software solutions for finding and assigning
spectrum to telecommunications companies. Using the latest incumbent
relocation and auctioning techniques, as well as cutting-edge analytical
engineering tools, the partnership will expand LS telcom's already
extensive spectrum management toolkit and help to break open a clogged
spectrum market.

'With increasing demand for more and more spectrum for broadband access
and mobile applications, it is critical that regulators not only be able to
identify available spectrum, but also be able to assign it to those that
value it the most in order to bring more competition to the marketplace and
lower prices for consumers,' said Karen Wrege, founder and president of KB
Enterprises. 'Our new innovative auction software will help LS telcom lead
the industry in bringing the benefits of the internet and wireless services
to all consumers.'

'As the world's leading spectrum management software supplier, it is
imperative that we have the tools to help regulators deal with the
explosive demand in the market,' said Dr. Manfred Lebherz, president and
CEO of LS telcom. 'KB Enterprises is the right partner to help us
revolutionize the industry for our clients.'

KB ENTERPRISES LLC provides telecommunications policy consulting, auction
design, commercial software solutions, auction implementation, and bidding
analysis services to regulators and network operators around the world. KB
Enterprises LLC specializes in spectrum auction software solutions and has
created a powerful platform that allows telecommunications regulators to
choose from among all of the spectrum auction methods available to assign
frequencies for internet and wireless services. (kbspectrum.com)

The LS telcom Group is an internationally leading software and service
company in the field of telecommunication and spectrum management. As a
provider of system solutions and consultancy expertise LS telcom's client
base mainly consists of regulatory authorities and radio network operators.

The company founded in 1992 has its headquarters in Lichtenau/Germany and
is supported worldwide by its subsidiaries in Canada, South Africa and
France as well as its offices in Hungary, China and the Sultanate of Oman.
LS telcom employs more than 130 people. Since 2001 the corporation is
listed on the German stock exchange. (LStelcom.com)

Stefan Tobias Burkhardt
LS telcom AG
+49 7227 9535 611
Lichtenau, Germany
[email protected]

Karen Wrege
KB Enterprises LLC
(202) 253-4601
Washington, DC
[email protected]

17.12.2009 Ad hoc announcement, Financial News and Media Release distributed by DGAP.
Media archive at www.dgap-medientreff.de and www.dgap.de


Language: English
Company: LS telcom AG
Im Gewerbegebiet 31-33
77839 Lichtenau
Deutschland
Phone: +49 (0)7227 / 9535 - 600
Fax: +49 (0)7227 / 9535 - 605
E-mail: [email protected]
Internet: www.LStelcom.com
ISIN: DE0005754402
WKN: 575440
Listed: Regulierter Markt in Frankfurt (General Standard);
Freiverkehr in Berlin, München, Düsseldorf, Stuttgart,
Hamburg

End of News DGAP News-Service


Talk to a Data Expert

Have a question? We'll get back to you promptly.