Financial Services Industry
Industry: Email Alert RSS FeedMTI WIRELESS EDGE (MWE).
Investors Chronicle, August, 2006
47p - Aim - The use of wireless broadband is growing rapidly in both the developed and developing world, and MTI Wireless Edge is at the forefront of antenna technology serving the industry. Recently, though, its shares have been hit by worsening sentiment towards Israeli companies. However, the company's operations are based well out of the range of Hezbollah rockets, and most of its sales are into overseas markets.
In fact, this is now where MTI expects achieve most growth. Wireless broadband allows computers to connect to the web when no fixed line or cable is available, and MTI already has 25 per cent of this antennae market, through blue-chip customers such as Siemens. MTI's technology can also be used in the growing field of Radio Frequency...
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