- DragonWave (DRWI +19%) has struck a reseller/distribution agreement with Chinese wireless infrastructure provider Xi'an Potevio. (PR)
- Xi'an has already nade deliveries of DragonWave's Horizon Compact wireless transmission system to "a leading mobile services provider" in China, and plans to "expand its marketing" of DragonWave's Horizon and Harmony radio systems within the country.
- The news comes shortly after DragonWave reported mixed FQ3 results, while promising margin and cash flow improvement in the coming quarters.
DragonWave takes off after announcing Chinese partnership
Jan 15 2014, 14:21 ET