--(www.USEquityNews.com)-- 05/16/2008 - Wireless Communications industry alert provided by U.S. Equity News. Virgin Mobile USA, Inc. (the "Company") announced that its shareholders approved both proposals submitted at its 2008 Annual Meeting of Shareholders, held recently. At the meeting, the shareholders re-elected each member of the Company's Board of Directors. Daniel H. Schulman, Thomas O. Ryder, Frances Brandon-Farrow, Douglas B. Lynn, Mark Poole, Robert Samuelson, L. Kevin Cox, and Kenneth T. Stevens will each hold office until the date of the annual meeting of stockholders of the Company in 2009, and, in each case, until their respective successors are elected and have qualified. Additionally, shareholders ratified the appointment of PricewaterhouseCoopers LLP to serve as the Company's independent registered public accounting firm.
Telecommunications equipment maker UTStarcom Inc. (NASDAQ: UTSI) said recently that it expects its second-quarter revenue to rise up to 13.3 percent year over year. The company predicted revenue of $580 million to $610 million for the period, compared with $538.2 million in the same quarter last year. Analysts polled by Thomson Financial expect second-quarter revenue of $593.9 million.
GoAmerica, Inc. (Nasdaq: GOAM), a provider of relay and wireless communications and professional interpreter services for deaf, hard-of-hearing, and speech-disabled persons, today announced unaudited results for the quarter ended March 31, 2008. The Company's Quarterly Report on Form 10-Q is on file with the Securities and Exchange Commission ("SEC"). During the first quarter, the Company closed its purchase of the telecommunications relay services business of Verizon and its merger with Hands On Video Relay(R) Services, Inc. In addition, the Company generated operating profitability for the first time in its history.
Equity Solutions, Inc. announced that it has re-launched its financial news website www.USEquityNews.com. Over the last few weeks, the site has been completely redesigned for easier navigation and search engine optimization to increase investor participation. US Equity News has also added in the ability for our users and subscribers to interact with each other as well as our Company. "We are excited with the launch of our new version of USEquityNews.com. This new look allows our investors, clients and users of the site to easily navigate the site to review our clients latest news, analyst reports, listen to CEO interviews and read Company profiles," commented Eddie Cruz, President of US Equity News. Investors are currently able to view profiles on companies like Diamond I, Inc. (OTCBB: DMOI).
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