Wireless Communication industry news provided by Financial News USA (OTC: FNWU) MCI, Inc. (Nasdaq: MCIP) announced recently that Technology Marketing Corporation (TMC®)’s INTERNET TELEPHONY® magazine (http://www.itmag.com) has named MCI’s next-generation suite of Voice over IP (VoIP) Services as a recipient of a 2005 Product of the Year Award. MCI’s VoIP offerings include Hosted IP Centrex, IP Integrated Access, Managed IP PBX and IP Trunking Services. The final shoe has dropped in Verizon’s efforts to wrap up its buyout of MCI. Washington state regulators have approved the planned takeover, giving Verizon all the state, federal and international approvals it needs for the two companies to combine. The Federal Communications Commission and the Department of Justice already approved the $8.44 billion combination. Verizon (NYSE: VZ), the second-largest U.S. telephone company, is buying the country’s No. 2 long-distance provider to gain access to Ashburn-based MCI’s corporate clients and a 98,000-mile network for delivering Internet access in 140 countries.

Diamond I, Inc. (OTC BB:DMOI), a developer of wireless gaming products, recently advised that it was featured in the December 11, 2005, edition of E-CommerceTimes.com (circulation over 1.5 million). In the feature, “Wi-Fi, You Can Bet On It!”, Theodore F. di Stefano, author of “You Can Buy a Business” (available on amazon.com), discusses the exciting future of wireless gambling with products like Diamond I’s WiFiCasino GS(TM). AT&T Inc. (NYSE:T) won a two-year contract with Progress Software Corp. to develop a global Internet Protocol Virtual Private Network (VPN) that will integrate the company’s more than 20 offices in North, Central and South America. Company officials say the network will improve communication and collaboration among all of Bedford, Mass.-based Progress Software’s employees spread out over the two continents