09:51 AM EST - DragonWave Inc. : And Mitel announced a joint initiative focused on advancing the development of 5G networking. Under the umbrella of Mitel's newly-formed 5G Cloud Connectivity initiative announced in February, Mitel, a world-leader in network function virtualization mobile solutions, will contribute software and mobile network expertise to the project. DragonWave will contribute all outdoor networking expertise combined with small cell-focused and high-capacity, spectrally-efficient packet wireless backhaul solutions. DragonWave Inc.
shares T.DWI are trading unchanged at $2.91.
