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  <TITLE> Wave Wireless Corporation (Form: 8-K) </TITLE>
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  		UNITED STATES<BR>
  	SECURITIES AND EXCHANGE COMMISSION
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  	WASHINGTON, D.C. 20549
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  	FORM 8-K
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  	CURRENT REPORT
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  	Pursuant to Section&nbsp;13 or 15(d) of the Securities Exchange Act of 1934
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  	Date of Report (Date of Earliest Event Reported):
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  	&nbsp;
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  	August 22, 2006
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  	Wave Wireless Corporation
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  <BR>__________________________________________<BR>
  	(Exact name of registrant as specified in its charter)
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  	Delaware
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  	000-25356
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  	77-0289371
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  _____________________<BR>
  	(State or other jurisdiction
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  _____________<BR>
  	(Commission
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  ______________<BR>
  	(I.R.S. Employer
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  	of incorporation)
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  	File Number)
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  	Identification No.)
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  	&nbsp;&nbsp;
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  	255 Consumers Road, Suite 500, Toronto, Ontario
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  	M2J 1R4
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  _________________________________<BR>
  	(Address of principal executive offices)
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  ___________<BR>
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  	Registrant&#146;s telephone number, including area code:
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  	416-502-3200
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  	Not Applicable
  <BR>______________________________________________<BR>
  	Former name or former address, if changed since last report
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  	&nbsp;
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  <!-- CoverPageRegistrant END --><P><FONT SIZE="2">
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:</FONT>
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  [&nbsp;&nbsp;]&nbsp;&nbsp;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<br>
  [&nbsp;&nbsp;]&nbsp;&nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<br>
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  	Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
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  On August 22, 2006, the Registrant received notice that it was delinquent in respect to filing its quarterly financial report, on form 10-QSB, for the period ended June 30, 2006.  As such, the Registrant was not current on its reporting obligations and would be removed from the OTC Bulletin Board if the delinqency was not cured by September 21, 2006.<br><br>On September 21, 2006, the Registrant had still not become current on its reporting requirements and, as a result, the Registrant's common stock was removed from the OTC Bulletin Board.  Trading of the Registrant's stocks is now done through the "pink sheets" under the trading symbol "WVWC.PK"
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  	Item 8.01 Other Events.
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  On September 25, 2006, the Registrant entered into a non-binding Letter of Intent with VCom Inc. ("VCom") for the sale of the operating assets of the Registrant's wholly-owned subsidiary, WaveRider Communications Inc. ("WaveRider"), subject to completion of due diligence and satisfaction of certain terms and conditions.<br><br>Under the terms of the proposed agreement, VCom will acquire the operational assets related to WaveRider's 900 MHz product line, including all of the inventory, accounts receivable and capital assets.  In addition, VCom will acquire the intellectual property, website, domain name, books and records, product manuals, marketing and technical materials, customer lists and sales contracts.  Upon completion, VCom will assume responsibility for the warranty support of WaveRider&#x2019;s existing 900 MHz customer base and continue the employment of certain WaveRider employees, related to the business.<br><br>
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  	SIGNATURES
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  	Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
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  	Wave Wireless Corporation
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  	&nbsp;&nbsp;
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  <I>
  	September 29, 2006
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  	By:
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  <I>
  	T. Scott Worthington
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  	Name: T. Scott Worthington
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  	Title: Vice President and CFO
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metadata_documents: [{"type": "8-K", "sequence": "1", "filename": "htm_15242.htm", "description": "LIVE FILING", "secsgml_size_bytes": 10074}]
metadata_filer: {"company-data": {"conformed-name": "WAVE WIRELESS CORP", "cik": "0000935493", "assigned-sic": "3663", "irs-number": "770289371", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25356", "film-number": "061116920"}, "business-address": {"street1": "1996 LUNDY AVENUE", "street2": "FORMERLY P-COM INC.", "city": "SAN JOSE", "state": "CA", "zip": "95131", "phone": "408.943.4200"}, "mail-address": {"street1": "1996 LUNDY AVENUE", "city": "SAN JOSE", "state": "CA", "zip": "95131"}, "former-company": {"former-conformed-name": "P COM INC", "date-changed": "19980109"}}
text: Wave Wireless Corporation (Form: 8-K)
  UNITED STATES
  SECURITIES AND EXCHANGE COMMISSION
  WASHINGTON, D.C. 20549
  FORM 8-K
  CURRENT REPORT
  Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
  Date of Report (Date of Earliest Event Reported):
  August 22, 2006
  Wave Wireless Corporation
  __________________________________________
  (Exact name of registrant as specified in its charter)
  Delaware
  000-25356
  77-0289371
  _____________________
  (State or other jurisdiction
  _____________
  (Commission
  ______________
  (I.R.S. Employer
  of incorporation)
  File Number)
  Identification No.)
  255 Consumers Road, Suite 500, Toronto, Ontario
  M2J 1R4
  _________________________________
  (Address of principal executive offices)
  ___________
  (Zip Code)
  Registrant's telephone number, including area code:
  416-502-3200
  Not Applicable
  ______________________________________________
  Former name or former address, if changed since last report
  Check the appropriate box below if the Form 8-K filing is intended to
  simultaneously satisfy the filing obligation of the registrant under any
  of the following provisions:
  [  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
  [  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
  [  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
  [  ]  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
  Top of the Form
  Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
  On August 22, 2006, the Registrant received notice that it was delinquent in respect to filing its quarterly financial report, on form 10-QSB, for the period ended June 30, 2006.  As such, the Registrant was not current on its reporting obligations and would be removed from the OTC Bulletin Board if the delinqency was not cured by September 21, 2006.
  On September 21, 2006, the Registrant had still not become current on its reporting requirements and, as a result, the Registrant's common stock was removed from the OTC Bulletin Board.  Trading of the Registrant's stocks is now done through the "pink sheets" under the trading symbol "WVWC.PK"
  Item 8.01 Other Events.
  On September 25, 2006, the Registrant entered into a non-binding Letter of Intent with VCom Inc. ("VCom") for the sale of the operating assets of the Registrant's wholly-owned subsidiary, WaveRider Communications Inc. ("WaveRider"), subject to completion of due diligence and satisfaction of certain terms and conditions.
  Under the terms of the proposed agreement, VCom will acquire the operational assets related to WaveRider's 900 MHz product line, including all of the inventory, accounts receivable and capital assets.  In addition, VCom will acquire the intellectual property, website, domain name, books and records, product manuals, marketing and technical materials, customer lists and sales contracts.  Upon completion, VCom will assume responsibility for the warranty support of WaveRider's existing 900 MHz customer base and continue the employment of certain WaveRider employees, related to the business.
  Top of the Form
  SIGNATURES
  Pursuant to the requirements of the Securities Exchange Act of 1934, the
  	registrant has duly caused this report to be signed on its behalf by the
  	undersigned hereunto duly authorized.
  Wave Wireless Corporation
  September 29, 2006
  By:
  T. Scott Worthington
  Name: T. Scott Worthington
  Title: Vice President and CFO