City of Industry, CA --(www.USEquityNews.com)-- 10/31/2007 - Wireless Communications industry alert provided by U.S. Equity News. Diamond I, Inc. (OTCBB: DMOI) announced recently that its free Poker web site, www.islandbluecasino.net, experienced high traffic and player sign-ups during its first day of operations. In response to the high volume of sign-ups, Island Blue Casino has opened an additional Omaha Poker table for online players to enjoy. Island Blue Casino, DMOI's first free online Poker site, is a for-entertainment-only site and is legal for users in the United States.

Sprint Nextel Corp. (NYSE: S) reports third-quarter earnings on Thursday. The following is a summary of key developments and analyst opinion related to the period. OVERVIEW: After ousting Chairman and Chief Executive Gary Forsee earlier this month, Sprint Nextel said it expects to report a net loss of about 337,000 monthly subscribers in the third quarter. And the company's full-year operating income, excluding items, is expected to fall below the previously forecast of $11 billion to $11.5 billion. Sprint also expects 2007 revenue to fall below its prior outlook of $41 billion to $42 billion.

Verizon Wireless, a joint venture of Verizon Communications (NYSE: VZ) and Vodafone (NYSE and LSE: VOD), announced recently that it has expanded the national rollout of its high-speed wireless network across its Jackson coverage area. The advanced network covers approximately 377 square miles and includes all of Jackson and Michigan Center. The company also rolled out its high-speed network to Battle Creek, Albion, Lakeview and Marshall. The expansion provides continuous coverage along Interstate 94 from Detroit to Battle Creek.

Alvarion Ltd. (NASDAQ: ALVR), the world’s leading provider of WiMAX™ and wireless broadband solutions, recently announced that it is working with Intel Corporation and MTN Rwanda to provide WiMAX™ Internet access to a new computer lab at the Fawe Girls’ school in Kigali. The high-speed wireless network supports two initiatives, Intel’s World Ahead Program and a public-private sector initiative called Connect Africa, focused on bringing the benefits of technology to the people of Africa. With a relationship of over three years, MTN Rwanda is Alvarion’s local partner for this project, meant to provide the developing regions of the world equal opportunities to communication and information.

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