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FTS Wireless Sees 15 to 20% Increase in Year over Year Handset Sales for January and UTStarcom to Demonstrate IPTV, IPCDMA and FMC Solutions

Wireless Communications industry news provided by Financial News USA (OTC: FNWU). FTS Group, Inc. (OTC BB:FLIP), an acquisition and development Company operating in the wireless, technology and Internet space, recently announced that its wholly owned retail wireless business expects to post a 15 to 20% gain in wireless handset sales year over year during the month of January. FTS Group CEO Scott Gallagher commented, "Our wireless business continues operating at levels substantially greater than the same period during 2006.

UTStarcom, Inc. (Nasdaq: UTSI), a global leader in IP-based, end-to-end networking solutions and services, recently announced that the company will display its suite of IP networking and telecommunications solutions at the company's booth (Booth #1E05 in Hall 1) at the 3GSM World Congress 2007. The show runs from February 12-15, 2007 at the Fira de Barcelona -- Montjuic in Barcelona, Spain. Dr. Joseph C.P. Shieh recently assumed the CFO and Senior VP of Chunghwa Telecom Co., Ltd (NYSE: CHT) . On December 26th, 2006, board of Chunghwa approved the appointment of Dr. Joseph C.P. Shieh, who was the Executive VP and spokesperson of Mega Financial Holding Company, as the Company's CFO and Senior VP in order to meet the rapid business development and strengthen the financial management strategies of the Company. Verizon Wireless New York Metro Region President Charles Hand joined with Bronx Borough President Aldolfo Carrion recently to announce the company's plans to add nearly 100 authorized retail agent locations in the Bronx and throughout the New York Metro area. Verizon Wireless is a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE: VOD).

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