This is an edited volume based on selected papers from the annual Wireless Telecommunications Symposium. The WTS is a forum to exchange information on advances in mobile communications and wireless networking technology, management, applications, and security in a conference environment with leaders and experts from industry, governmental agencies, and universities around the world. The key topics from the symposium include: 1) Wireless Network Security, 2) Advances in Satellite Communications, 3) New Wireless Communications Ventures, 4) Wireless Communications Investments, 5) Mobile Wireless Services and Business, 6) Future Directions in Wireless Communications Research. The best papers from the conference were selected, expanded, and edited to produce this cohesive volume.