Kony Appoints CFO to Drive International Expansion Strategy and Financial Excellence | Kony

Kony Appoints CFO to Drive International Expansion Strategy and Financial Excellence

ORLANDO – Kony Solutions, Inc., the leading mobile platform provider, today announced the addition of seasoned technology finance executive Kelly Enos to the management team as Chief Financial Officer (CFO). Enos brings a wealth of international financial expertise and knowledge to Kony, notably a solid track record of growing companies on a global scale, along with merger and acquisition experience, and raising capital through public and private investments.

Enos will report to Chief Executive Officer (CEO) Raj Koneru and is a primary advisor on financial leadership and international expansion. She will oversee Kony’s finance, accounting, investor relations, and operations.

“We are pleased to welcome Kelly to the Kony executive team at a pivotal time in our company’s growth,” said Raj Koneru, Kony CEO. “Based on our aggressive growth in 2010, the addition of the CFO role is vital to Kony’s ongoing success, especially as we expand our global footprint. I am confident that Kelly will provide the financial leadership needed to help drive Kony’s growth and expansion, while maintaining financial excellence.”

Kelly Enos brings more than 20 years of experience leading the financial, accounting and administrative functions in high-tech, start-up and private-equity-backed companies to her role as Kony’s CFO and administrative executive.

“After meeting with Raj and the rest of the team, I was thoroughly impressed with what Kony is doing in the mobile category, providing not only the industry’s leading mobile application platform, but also unparalleled value and support to their customers,“ noted Enos. “Raj is constantly pushing the company forward and he’s assembled a world-class team that is achieving remarkable results both for its customers and as a business. I’m excited about joining Kony in this period of rapid growth and to build on the work already accomplished in creating value and financial success for the company.”

Prior to joining Kony, Enos was CFO of EquaTerra, Inc., a global advisory firm providing IT and business process transformation services. At EquaTerra, she was responsible for all financial and accounting activities of the company, as well as human resources, internal IT and legal. She has also held CFO positions with Telseon IP Services, an IP network and bandwidth service provider, and Star Telecommunications, a global telecommunications company. In these roles, Enos has helped raise billions in capital through the public debt and equity markets, as well as through private placements and commercial banks.Enos is a Certified Public Accountant with expertise in designing, building and managing financial operations, mergers and acquisitions, business development and strategic planning, treasury management and capital fund raising. 



Siklu enter North America

August 23rd 2011 New York Siklu, a pioneer in the wireless backhaul market, has come to North America, and is now offering its low-cost millimeter wave radio systems in the North American market.

Siklu delivers carrier-grade millimetric wave Gigabit Ethernet radio solutions with unparalleled price-performance value. Offering the industry's lowest total cost of ownership, and incorporating on-board networking capabilities, solutions from Siklu are ideally suited for mobile backhaul, Carrier Ethernet business services, enterprise, and vertical applications.

The flagship Siklu solution is the EtherHaul E-band radio, which operates in the licensed 71-76/81-86 GHz portion of the spectrum. What distinguishes EtherHaul is its all-silicon design, which enables a price point 80 percent less than competitive systems. Siklu's systems are installed in operator and enterprise networks across Europe.

Ilan Moshe, who is heading the North American activities, said the EtherHaul, which was successfully launched in the fourth quarter of 2010 in Europe, will be available in the North American market starting in the fourth quarter of this year. Siklu will also be exhibiting the EtherHaul at the 4G World conference and expo in Chicago in October.

"We see a tremendous need for a product such as EtherHaul in North America," Moshe said. "Operators are challenged to provide sufficient backhaul capacity to support mobile broadband applications, and nowhere is this challenge more acute than in congested urban areas."

Moshe added, "The E-band is ideal for shorter-distance high-bandwidth connections, and we believe that Siklu's EtherHaul system, with an irresistible price and networking capabilities, will be able to fill operators' and enterprises' needs in urban areas across North America."

Privately held Siklu is backed by prominent and experienced international investment funds and private investors, led by Evergreen Venture Partners, DFJ Tamir Fishman, and Argonaut Private Equity.

Vodafone to receive £2.8 billion divident from Verizon wireless in January 2012

Vodafone to receive £2.8 billion divident from Verizon wireless in January 2012

Vodafone today announces that the Board of Verizon Wireless has approved the payment of a $10 billion (£6.1 billion) dividend. As a 45% shareholder in Verizon Wireless, Vodafone’s share of the dividend will be $4.5 billion (£2.8 billion). The dividend is due to be paid on 31 January 2012.

The USD 4 billion MVNO

Wireless could add $4B to Cox Business services - FierceCable

In an interview with Cox Communications' Phil Meeks, SVP Business, the executive has stated that the addition of wireless could eventually add USD 4 billion to their existing USD 7 billion from commercial services.

Cox recently made the decision to pull back from being its own MNO and partnered with Sprint to gain access to its nationwide network. Cox will act as an MVNO targeting enterprise markets, with a focus on small business users and potentially a niche market within home workers and those running their own business from home.

AT&T will have elegant ways of dealing with T-Mobile overlaps

AT&T says braced for divestitures on T-Mobile deal | Reuters

Following on from last week's PR push by T-Mobile to impress the FCC, AT&T's CEO, Randall Stephenson is expecting a demands list (from the FCC) for their acquisition approval.

The 2 firms are in the process of selling T-Mobile to AT&T for USD 39 billion. The remaining stumbling block is the small matter of excessive market dominance.

Stephenson is working on a 12 month time frame to completion.

As of Q3 2010 AT&T numbered approx 93 million subscribers and T-Mobile had roughly 34 million. Sprint lead the market with slightly more than AT&T, but the merger would see the former knocked clear into 2nd place.