Telrad Networks Ltd acquired Business Operations and WipAir Portfolio of WaveIP Inc.

Telrad Networks Ltd is an Israel-based company that provides telecommunications solutions. The Company is specialized in the development of products in the areas of Internet Protocol (IP) Next Generation Network (NGN) soft switches, media gateways, transport solutions in the optical and metro networks, enterprise, wireless, and switching. The Company is focused on providing solutions, products and services to emerging markets and small to mid-sized operators and service providers. It provides solutions and services for service providers including NGN transition, Voice over Internet Protocol (VoIP), transport, triple-play including VoIP, Internet Access, Internet Protocol Television (IPTV) and Video-On-Demand (VOD), as well as rural telecom including WiMAX and Very Small Aperture Terminal (VSAT).