Filed by Netro Corporation Pursuant to Rule 425
                                               Under the Securities Act of 1933
                                       And Deemed Filed Pursuant to Rule 14a-12
                                      Under the Securities Exchange Act of 1934
                                            Subject Company:  Netro Corporation
                                               Commission File No.:  333-107620


On August 27, 2003, Netro issued the press release set forth below.

Netro's Stockholders Approve Merger with SR Telecom; Closing of Merger Expected
to be September 4, 2003

Netro Corporation (Nasdaq: NTRO) today announced that its stockholders approved
its proposed merger with SR Telecom Inc. (TSE:SRX), clearing the way for the
closing of the merger, scheduled to take place on September 4, 2003. The
closing remains contingent upon other customary closing conditions and the
formal declaration by Netro's board of directors of an aggregate $100 million
dividend. Netro's board of directors has approved the declaration of the
dividend, provided that there are no material adverse changes to Netro or SR
Telecom between August 27, 2003 and the closing date. Netro expects that on
September 4, 2003 all of the closing conditions will be satisfied, the merger
will become effective and the dividend will be declared and paid. Only
stockholders of record as of the close of business on September 4, 2003 will be
entitled to receive the merger consideration of SR Telecom common stock and the
dividend.

About Netro Corporation

Netro Corporation is a leading provider of fixed broadband wireless systems
used by telecommunications service providers to deliver voice and high-speed
data services for access and mobile infrastructure applications to customers
worldwide. Netro offers a broad range of low and high frequency products for
business and residential, access and mobile infrastructure needs, with a wide
set of licensed frequencies for point-to-multipoint: 1.9 - 39 GHz. The
Company's AirStar and Angel products have an impressive track record of
performance and stability worldwide.

FORWARD-LOOKING STATEMENTS

Except for historical information provided herein, this press release contains
information and statements of a forward-looking nature within the meaning of
the United States federal securities laws concerning the anticipated
acquisition of Netro by SR Telecom Inc. Statements regarding the timing of
closing are based on suppositions and uncertainties as well as on management's
best possible evaluation of future events. Readers are advised that actual
events may differ materially from expected events based on a number of factors,
many of which are beyond the control of SR Telecom and Netro.