Original sentence: In 2002, InPhonic built its wireless distribution channels by buying Simplexity, Inc
Edited sentence: Analysts estimated revenues of $120.73 million.Core wireless activation revenue was up from $147.5 million in 2004 to $312.5 in 2005, an increase of 112%.For the first quarter of 2007, InPhonic expects adjusted results to breakeven to $0.02 per share.In 2002, InPhonic continued to build its wireless distribution channels, when it bought Simplexity, Inc.InPhonic had $68.8 million in cash, cash equivalents and short term investments as of the end of the first quarter of 2006.Revenue for the last quarter of 2006 was $120.3 million, up from $85.2 million for the fourth quarter 2005.Revenues for the company increased from $154.8 million in 2004 to $320.5 million in 2005, while losses grew from $10.2 million in 2004 to $38.2 million in 2005.Revenues for the period are projected between $108 and $110 million