Latest News
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CRAIG WIRELESS UPDATES AS TO MANAGEMENT TEAM
Rancho Mirage, California, May 6, 2013/CNW – Craig Wireless Systems Ltd. (“Craig Wireless” or the “Company”) (TSX: CWG) today reports that its Chief Financial Officer, Murray Bamforth’s contract will not be renewed and that Mr. Bamforth will be leaving Craig Wireless effective July 15, 2013. Craig Wireless has a transition plan in place and a new Chief Financial Officer will be appointed in due course..
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CRAIG WIRELESS ACQUIRES ADDITIONAL SPECTRUM RIGHTS IN NEW ZEALAND FROM KORDIA LIMITED
Rancho Mirage, California, April 11, 2013/CNW – Craig Wireless Systems Ltd. (“Craig Wireless” or the
“Company”) (TSX: CWG) is pleased to announce today that its wholly owned subsidiary, Craig Wireless New
Zealand Spectrum Operations Ltd., has acquired management rights for an additional 35 MHz in the 2.3 GHz
range in New Zealand from Kordia Limited, a New Zealand based telecommunications corporation for aggregate consideration of NZ$2,200,000.
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CRAIG WIRELESS ANNOUNCES SECOND QUARTER FINANCIAL RESULTS
Rancho Mirage, California, April 8, 2013/CNW – Craig Wireless Systems Ltd. (“Craig Wireless” or the “Company”) (TSX: CWG), today released its financial results for second quarter ended February 28, 2013. All dollar figures are reported in Canadian currency.
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CRAIG WIRELESS RECEIVES NOTICE FROM THE TORONTO STOCK EXCHANGE
Rancho Mirage, California, March 25, 2013/CNW –Craig Wireless Systems Ltd. (“Craig Wireless” or the “Company”) (TSX: CWG) announces that it has received a notice from the Toronto Stock Exchange (the “TSX”) that the TSX is performing a delisting review of the Company.
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CRAIG WIRELESS COMPLETES ACQUISITION OF REMAINING SPECTRUM RIGHTS OF RAILWAY ST INDUSTRIES LIMITED IN NEW ZEALAND
Rancho Mirage, California and Auckland, New Zealand, March 14, 2013/CNW –Craig Wireless Systems Ltd. (“Craig Wireless” or the “Company”) (TSX: CWG) is pleased to announce that its subsidiary, Woosh Wireless (NZ) Ltd. (“Woosh”), has completed the acquisition of the remaining spectrum management rights (be- ing management rights over 35 MHz of 2.3 GHz spectrum) previously held by Railway St Industries Limited (formerly Woosh Wireless Limited) (“Railway”) in New Zealand.
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CRAIG WIRELESS ANNOUNCES FIRST QUARTER FINANCIAL RESULTS
Rancho Mirage, California, January 14, 2013/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG), today released its financial results for first quarter ended November 30, 2012. All dollar figures are reported in Canadian currency.
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CRAIG WIRELESS ANNOUNCES CHANGE TO BOARD OF DIRECTORS AND MANAGEMENT
Rancho Mirage, California, January 13, 2013/CNW - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) today announced that its Chairman and director, J. Drew Craig, has resigned from Craig Wireless effective January 11, 2013.
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CRAIG WIRELESS ANNOUNCES ANNUAL RESULTS
Rancho Mirage, California, November 29, 2012/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG), today released its financial results for year ended August 31, 2012. All dollar figures are reported in Canadian currency.
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CRAIG WIRELESS SYSTEMS LTD. APPOINTS NEW PRESIDENT
Rancho Mirage, California, November 26, 2012 /CNW/ – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) is pleased to announce that its board of directors has appointed Gary Birkland as President of the Company, effective immediately.
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CRAIG WIRELESS INCREASES OWNERSHIP IN WOOSH WIRELESS HOLDINGS LIMITED
Rancho Mirage, California, September 24, 2012/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) announces today it has increased its 51% interest in Woosh Wireless Holdings Limited ("WWHL"), the parent company of Woosh Wireless (NZ) Limited ("Woosh"), to 75% pursuant to the ac- quisition of additional equity of WWHL from treasury.
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CRAIG WIRELESS ANNOUNCES THIRD QUARTER FINANCIAL RESULTS
Rancho Mirage, California, July 13, 2012/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG), today released its condensed interim consolidated financial results for the third quarter ended May 31, 2012. All dollar figures are reported in Canadian currency.
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CRAIG WIRELESS UPDATES STATUS OF INTEGRATION OF WOOSH WIRELESS (NZ) LIMITED BUSINESS
Rancho Mirage, California, March 27, 2012/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) announces today that in connection with its acquisition of a 51% interest in Woosh Wireless Holdings Limited, the parent company of Woosh Wireless (NZ) Limited, the integration of the business of Woosh Wireless and its approximately 25,000 customers into the Craig Wireless operations framework has been substantially and successfully completed.
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CRAIG WIRELESS PROVIDES MANAGEMENT UPDATE
Rancho Mirage, California, February 10, 2012/CNW – Craig Wireless Systems Ltd. ("Craig Wireless"
or the "Company") (TSX: CWG), today released its interim consolidated financial results for the first
quarter ended November 30, 2011. All dollar figures are reported in Canadian currency.
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CRAIG WIRELESS ANNOUNCES FIRST QUARTER FINANCIAL RESULTS
Rancho Mirage, California, March 22, 2012/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) is pleased to announce that Mr. Murray Bamforth, Interim Chief Financial Officer has been appointed as Chief Financial Officer of the Company and Mr. Gary Birkland, Director of Operations of the Company has been appointed as Vice President of Operations of the Company, both appointments being effec- tive immediately.
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Craig Wireless Subsidiary Woosh Wireless (NZ) Limited Completes Acquisition of Business and Assets of Woosh Wireless Limited in New Zealand
Rancho Mirage, California - December 2, 2011 – Further to previous announcements of Craig Wireless
Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) on September 15, 2011 and November
10, 2011, the Company's 51% owned subsidiary Woosh Wireless (NZ) Limited has completed the acquisition
of the business and related assets of Woosh Wireless Limited ("WWL") in accordance with the rights
conferred under the New Zealand Personal Property Security Act, 1999. Woosh Wireless (NZ) Limited
will continue to carry on the business previously carried on by WWL without interruption.
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CRAIG WIRELESS ANNOUNCES ANNUAL RESULTS
Rancho Mirage, California, November 24, 2011/CNW – Craig Wireless Systems Ltd. ("Craig Wireless"
or the "Company") (TSX: CWG), today released its financial results for year ended August 31, 2011. All
dollar figures are reported in Canadian currency.
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Craig Wireless Completes Acquisition of Secured Advances and Certain Spectrum Rights of Woosh Wireless Limited in New Zealand
Rancho Mirage, California – November 10, 2011 - As previously announced by Craig Wireless
Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) on September 15, 2011, the
Company's subsidiary Craig Wireless South Inc. ("CW South") entered into an agreement to purchase
certain secured advances owed by Woosh Wireless Limited ("Woosh"). The Company is
pleased to announce that the acquisition of the Advances and certain of the spectrum rights held
by Woosh has now been completed. Closing on the remaining spectrum rights held by Woosh is
expected to occur at a later date in accordance with the agreement between the parties.
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Craig Wireless Enters into Acquisition Agreements for Secured Advances, Shares and Spectrum Rights of Woosh Wireless Limited in New Zealand
Rancho Mirage, California – September 15, 2011 - Craig Wireless Systems Ltd. ("Craig
Wireless" or the "Company") (TSX: CWG) today announced that its subsidiary Craig
Wireless South Inc. ("CW South") has entered into an agreement to purchase certain
secured advances owed by Woosh Wireless Limited ("Woosh") to Kuwait Finance House
(Bahrain) B.S.C.(c) ("KFH"), New Zealand Australia Private Equity Fund Company B.S.C.(c)
("NZAPEF") and Bridge SPC Limited (collectively, the "Advances"), all for an aggregate
purchase price of USD$5,500,000.00. As part of the agreement, CW South and KFH and
NZAPEF have agreed that either KFH and NZAPEF may put certain shares held in Woosh
by KFH (36,673,756 ordinary shares) and NZAPEF (124,553,593 ordinary shares) to CW
South or, in the alternative, CW South may call such shares from KFH and NZAPEF, in either
case for no additional consideration. The current chairman of Woosh, Rod Inglis, is
participating in the acquisition by contributing USD$500,000 of the total purchase price of the
Advances, resulting in an acquisition cost to CW South of USD$5,000,000.
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Craig Wireless Enters into Early Renewal of Spectrum Rights Lease with California State University, San Bernardino
Rancho Mirage, California – September 13, 2011 - Craig Wireless Systems Ltd. ("Craig
Wireless" or the "Company") (TSX: CWG) today announced that its subsidiary Craig
Wireless Palm Springs Inc. ("CWPS") has, subject to Federal Communication Commissions'
approval, entered into an agreement with California State University, San Bernardino
("CSUSB") to replace CWPS' previous 15-year lease for use of spectrum rights in the Palm
Springs, California region with a new 30-year lease (the "Lease"). The Company has agreed
to guarantee CWPS' obligations under the Lease.
Craig Wireless Receives Decision in U.S. Litigation with Clearwire
Rancho Mirage, California – September 12, 2011 - Craig Wireless Systems Ltd. ("Craig
Wireless") (TSX: CWG) today announced that an order for summary judgment in the case of
Craig Wireless and Craig Wireless Manitoba Inc. (collectively, the "Company") v. Clearwire
Legacy LLC ("Clearwire") and Fixed Wireless Holdings LLC, filed in the U.S. District Court
for the Western District of Washington has been entered. The claim was filed by the Company
in connection with the alleged failure of Clearwire to provide equipment to the Company
pursuant to an agreement entered into among the parties or their predecessors in 2004-
2005, and related matters.
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CRAIG WIRELESS ANNOUNCES THIRD QUARTER FINANCIAL RESULTS
Rancho Mirage, California, July 16, 2011/CNW – Craig Wireless Systems Ltd. ("Craig
Wireless" or the "Company") (TSX: CWG), released its financial results for the third quarter
ended May 31, 2011 on July 14, 2011. Due to a clerical error, an earlier version of the press
release prepared to accompany the results was inadvertently issued. The correct version of
the release follows.
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CRAIG WIRELESS SYSTEMS LTD. APPOINTS NEW INDEPENDENT DIRECTOR
Rancho Mirage, California, May 3, 2011/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Corporation") (TSX: CWG), is pleased to announce that its board of directors (the "Board") has determined to appoint Mr. Donnie Moore as an additional independent director, effective as of May 3, 2011 to hold office until the next annual meeting of shareholders of the Corporation.
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CRAIG WIRELESS ANNOUNCES SECOND QUARTER FINANCIAL RESULTS
Rancho Mirage, California, April 14, 2011/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG), today released its financial results for the second quarter ended February 28, 2011. All dollar figures are reported in Canadian currency.
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CRAIG WIRELESS APPOINTS INTERIM CHIEF FINANCIAL OFFICER
Rancho Mirage, California, February 7, 2011/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG), is pleased to announce that it has appointed Mr. Murray Bamforth as its Interim Chief Financial Officer, effective immediately.
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Craig Wireless Announces Change to Board of Directors
Coachella Valley, California, December 22, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) today announced that William Fraser has notified the Company of his resignation as a director, effective immediately.
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CRAIG WIRELESS ANNOUNCES ANNUAL FINANCIAL RESULTS INCLUDING EARNINGS OF OVER $65,000,000
Rancho Mirage, California, November 24, 2010/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG), today released its financial results for year and quarter ended August 31, 2010. All dollar figures are reported in Canadian currency.
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Craig Wireless Updates as to Management Team
Coachella Valley, California, November 15, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig
Wireless" or the "Company") (TSX: CWG) today reports that its Chief Financial Officer, Wesley
Thiessen, will be leaving Craig Wireless effective February 28, 2011, to pursue other career
opportunities.
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Craig Wireless Systems Ltd. Announces Realignment in Management
RANCHO MIRAGE, California, August 13, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) is pleased to announce changes, effective today, to its senior management structure. Mr. T. Boyd Craig, Founder and former Co-Chief Executive Officer and Co-Executive Chairman of Craig Wireless has been appointed as President and Chief Executive Officer of the Company. Mr. J. Drew Craig, the former Co-Chief Executive Officer and Co-Executive Chairman of Craig Wireless has been appointed as Chairman.
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Craig Wireless Systems Ltd. Announces Final Subsequent Closing of $80 million Sale of Canadian Spectrum and Receipt of $16.8 million in Closing Proceeds
WINNIPEG, August 6, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) is pleased to announce that further to the press release of the Company dated August 5, 2010, the final closing phase of the sale (the "Sale") of the Company's Canadian spectrum assets to Inukshuk Wireless Partnership ("Inukshuk"), a partnership of affiliates of Rogers Communications and Bell Canada, has been completed today.
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Craig Wireless Systems Ltd. Announces Receipt of Broadband Radio Service
License Covering Eastern Manitoba Including Winnipeg and Updates as to Status
of Spectrum License Sale to Inukshuk Wireless Partnership
WINNIPEG, August 5, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company")
(TSX: CWG) is pleased to announce that it has now been issued a Tier 3 broadband radio service (BRS)
license by Industry Canada covering Eastern Manitoba, including the Winnipeg region (the "Eastern
Manitoba BRS License").
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CRAIG WIRELESS ANNOUNCES THIRD QUARTER FINANCIAL RESULTS
Winnipeg, Manitoba, July 13, 2010/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG), today released its financial results for the third quarter ended May 31, 2010. All dollar figures are reported in Canadian currency.
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Craig Wireless Systems Ltd. Announces Subsequent Closing of Sale of Canadian
Spectrum and Receipt of $3.2 million in Closing Proceeds
WINNIPEG, July 9, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX:
CWG) is pleased to announce that further to the press release of the Company dated July 7, 2010, a
subsequent closing phase of the sale (the "Sale") of the Company's Canadian spectrum assets to
Inukshuk Wireless Partnership ("Inukshuk"), a partnership of affiliates of Rogers Communications and
Bell Canada, has been completed today.
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Craig Wireless Systems Ltd. Announces Receipt of Broadband Radio Service
License Covering South Western Manitoba Including Brandon and Dauphin and Updates as to Status of Spectrum License Sale to Inukshuk Wireless Partnership
WINNIPEG, July 7, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX:
CWG) is pleased to announce that it has now been issued a Tier 3 broadband radio service (BRS) license
by Industry Canada covering South Western Manitoba, including the Brandon and Dauphin regions (the
"Western Manitoba BRS License").
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Craig Wireless Systems Ltd. Announces Subsequent Closing on Canadian
Spectrum License Sale to Inukshuk Wireless Partnership and Receipt of $4.8 Million in Proceeds
WINNIPEG, June 14, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company")
(TSX: CWG) today announces that the sale of its Multipoint Communications System (MCS) licenses for
the Manitoba region (the "Manitoba MCS Licenses") and the associated business to Inukshuk Wireless
Partnership ("Inukshuk"), a partnership of affiliates of Rogers Communications and Bell Canada, has
been substantially completed.
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CRAIG WIRELESS DECLARES SPECIAL DIVIDEND
Winnipeg, Manitoba, June 8, 2010/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the
"Company") (TSX: CWG) is pleased to announce a special dividend of forty cents ($0.40) per share on the
Company's multiple voting shares and subordinate voting shares (the "Special Dividend").
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Craig Wireless Systems Ltd. Announces Subsequent Closing of Sale of Canadian Spectrum and
Receipt of $12.8 million in Closing Proceeds
VANCOUVER and WINNIPEG, May 6, 2010 /CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or
the "Company") (TSX: CWG) is pleased to announce that a subsequent closing phase of the sale (the "Sale") of the Company's Canadian spectrum assets to Inukshuk Wireless Partnership ("Inukshuk"), a
partnership of affiliates of Rogers Communications and Bell Canada, has been completed today.
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Craig Wireless Systems Ltd. Announces Receipt of Broadband Radio Service
Licenses in Victoria and Kelowna, British Columbia and Updates as to Status of Spectrum License Sale to Inukshuk Wireless Partnership
WINNIPEG/VANCOUVER, May 4, 2010/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) is pleased to announce that it has now been issued broadband radio service
(BRS) licenses by Industry Canada for the Victoria and Kelowna, British Columbia regions (the "Victoria
and Kelowna BRS Licenses").
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Craig Wireless Systems Ltd. Clarifies Change in Title of Rod Vandenbos
Winnipeg, Manitoba – April 28, 2010 (CNW) – Further to a press release issued by Craig
Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) on February 26,
2010, at the request of the Toronto Stock Exchange, the Company wishes to clarify the effect of
the change in title of Rod Vandenbos from that of President to Chief Strategist.
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Craig Wireless Systems Ltd. Announces Second Closing of Sale of Canadian
Spectrum and Receipt of $42.4 million in Closing Proceeds
VANCOUVER/WINNIPEG, April 16, 2010 /CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) is pleased to announce that the second closing phase of the sale (the "Sale") of
the Company's Canadian spectrum assets to Inukshuk Wireless Partnership ("Inukshuk"), a partnership of
affiliates of Rogers Communications and Bell Canada, has been completed today.
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Craig Wireless Systems Ltd. Announces Receipt of Broadband Radio Service
License in Vancouver, British Columbia
WINNIPEG/VANCOUVER, April 14/CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) is pleased to announce that it has now been issued a broadband radio service
(BRS) license by Industry Canada for the Vancouver, British Columbia region (the "Vancouver BRS
License").
- CRAIG WIRELESS ANNOUNCES SECOND QUARTER FINANCIAL RESULTS
Winnipeg, Manitoba, April 13, 2010/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or
the "Company") (TSX: CWG), today released its financial results for the second quarter ended
February 28, 2010. All dollar figures are reported in Canadian currency.
Craig Wireless Systems, Ltd. Announces Sale of Canadian Spectrum for $80 Million
WINNIPEG/VANCOUVER, March 26 /CNW/ - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) today announced that its operating subsidiaries in Canada have entered into a definitive agreement for the sale of the Company's Canadian spectrum assets to Inukshuk Wireless Partnership ("Inukshuk"), a partnership of affiliates of Rogers Communications and Bell Canada. Subject to completion of certain conditions, including obtaining all requisite regulatory approvals, Inukshuk will pay Craig Wireless $80 million for all of the Company's spectrum licenses in Manitoba and British Columbia.
- Craig Wireless Systems, Ltd. Names Rod Vandenbos as Chief Strategist
Winnipeg, Manitoba – February 26, 2010 (CNW) - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) today named Rod Vandenbos as the Company's Chief Strategist, effective immediately.
Mr. Vandenbos has over 21 years of technology leadership experience and for over five years has been involved with the Company, first as a consultant to Craig Wireless Palm Springs Inc., a subsidiary of the Company, and then from June 9, 2009 to the date of the change in title announced today, he held the office of President of Craig Wireless.
- CW Launches WiMAX in Vancouver, British Columbia
Vancouver, British Columbia - 23 February, 2010 (CNW) - Craig Wireless Systems Ltd. ("Craig Wireless") (TSX: CWG) announced today that they have deployed Canada's first 4G WiMAX network that is bringing high-speed wireless broadband service to Vancouver, British Columbia, Canada.
The deployment is part of the first phase of a WiMAX network announced by Craig Wireless and Motorola in September 2009. When complete later this year, the Craig Wireless network is expected to serve over one million people in and around Vancouver.
- CRAIG WIRELESS ANNOUNCES FIRST QUARTER FINANCIAL RESULTS AND NEW $1.5 MILLION FINANCING
Winnipeg, Manitoba, January 14, 2010/CNW – Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG), today released its financial results for the first quarter ended November 30, 2009. All dollar figures are reported in Canadian currency. The Company also announced a new $1.5 Million loan from Manalta Investment Company Ltd.
- CW Enters into Option for Acquisition of interest in Spectrum License Holders in Argentina
Winnipeg, Manitoba – December 14, 2009 (CNW) - Craig Wireless Systems Ltd. ("Craig Wireless" or the "Company") (TSX: CWG) today announces it has entered into an agreement that provides the Company with an assignment right, a purchase option and rights of first refusal over shares in two Argentinean corporations (the "Assignment and Option Agreement").
- CRAIG WIRELESS ANNOUNCES YEAR END FINANCIAL RESULTS
Winnipeg, Manitoba, November 27, 2009 / CNW – Craig Wireless Systems Ltd. (the "Company")
(TSX: CWG) announces that that it has released its financial results for the fourth quarter and year
ended August 31, 2009.
- CW to Launch Canada's First 4G Network in Vancouver, BC
Winnipeg, Manitoba - September 14, 2009 – Craig Wireless Systems Ltd. (TSX: CWG) ("Craig Wireless") today officially announced that, following the Industry Canada decision to award a Broadband Radio Service License to its subsidiary, Craig Wireless British Columbia Inc., it is commencing construction of a new 802.16e WiMAX-enabled 4G network in Vancouver, British Columbia. Craig Wireless' leading edge 4G network in Vancouver will offer both consumer and business users the ability to access the Internet wirelessly from any place within the coverage area at broadband speeds, and at prices competitive to those of incumbent Internet service providers.
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