Why should you buy WAVE ?

PacketVideo Selected to Help AT&T Bring New Mobile Music Experience to Market

 

Last time I covered AEN around $0.40's and within 3 month, it has gained more then 500%. I think WAVE is undervalued at the current price of $0.44. With growing demand of smartphone's like IPhone, AT&T making the data plan as compulsory with every purchase, WAVE has a potential to be big winner in near future after signing the contract with AT&T.
I would rate it as strong buy with current price.
Check the news below.



http://www.businesswire.com/portal/site/home/permalink/?ndmViewId=news_view&newsId=20100324005768&newsLang=en

PacketVideo (PV) announced today at CTIA that it was selected by AT&T* to help bring AT&T’s new end-to-end mobile music service to market, giving customers a more cohesive way to play, discover and shop for music using their mobile phone.

“With the monumental shifts we’ve seen in other areas of mobile entertainment over the last two years, they recognized a need to make mobile music simple, seamless, and relevant in users’ lives. We’re excited to work with AT&T to bring such a compelling service to fruition.”

The new AT&T Music service provides users with a unified music experience that integrates online genre and personalized radio stations, melody match and lyric lookup services, ability to buy and download full songs and albums, and more into a single, easy-to-navigate interface.
“PV embraced this opportunity to bring to life the way AT&T re-imagined how the mobile music experience should look, feel and perform for wireless customers,” said James Brailean, Ph.D., CEO, PV. “With the monumental shifts we’ve seen in other areas of mobile entertainment over the last two years, they recognized a need to make mobile music simple, seamless, and relevant in users’ lives. We’re excited to work with AT&T to bring such a compelling service to fruition.”

Founded in 1998, PacketVideo is the software pioneer powering the world’s leading multimedia services on millions of home and mobile devices. PacketVideo is a subsidiary of NextWave Wireless Inc. (NASDAQ:WAVE). 


Disclosure: Long