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): January 26, 2006

                          WaveRider Communications Inc.
             (Exact name of registrant as specified in its charter)


              Nevada                        000-25680             33-0264030
   (State or other jurisdiction                                 (IRS Employer
of incorporation or organization)   Commission File Number:  Identification No.)


         255 Consumers Road, Suite 500, Toronto, Ontario, Canada M2J 1R4
                    (Address of principal executive offices)


                                 (416) 502-3200
              (Registrant's telephone number, including area code)



         (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:

|X| Written communications pursuant to Rule 425 under the Securities Act (17 CFR
    230.425)
|X| 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))

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Item 1.01 Entry into a Material Definitive Agreement.

On January 26, 2006, WaveRider Communications Inc. ("WaveRider"), Wave
Acquisition Corporation and Wave Wireless Corporation ("Wave Wireless) entered
into an Amendment Agreement (the "Agreement") amending the terms of WaveRider's
announced merger with Wave Acquisition Corporation (the "Merger"). The amendment
revised the terms of the Merger Agreement as a result of WaveRider entering into
an agreement with Crescent International Ltd. ("Crescent") to amend the
agreements between WaveRider and Crescent.


Participants in Solicitation

Wave Wireless, WaveRider, and their respective directors, executive officers,
and other employees may be deemed to be participants in the solicitation of
proxies from WaveRider shareholders with respect to the proposed transaction.
Information about Wave Wireless's directors and executive officers is available
in Wave Wireless's proxy statement for its 2005 annual meeting of shareholders,
dated July 13, 2005. Information about WaveRider's directors and executive
officers is available in WaveRider's annual report on Form 10-KSB for the year
ended December 31, 2004. Additional information about the interests of potential
participants will be included in the registration statement and proxy statement
and other materials filed with the SEC.

Additional Information

WaveRider intends to file a proxy statement, which will be included in a
registration statement of Wave Wireless, and other materials with the Securities
and Exchange Commission ("SEC") in connection with the proposed transaction. We
urge investors to read these documents when they become available because they
will contain important information. Investors will be able to obtain free copies
of the registration statement and proxy statement, as well as other filed
documents containing information about the Wave Wireless and WaveRider, at
www.sec.gov, the SEC's website. Investors may also obtain free copies of these
documents at www.waverider.com. Free copies of Wave Wireless' filings are
available at www.wavewireless.com/about/investors.html.


Item 8.01 Other Events.

See Item 1.01 above.

Item 9.01 Financial Statements and Exhibits.

See Exhibit Index


(c) Exhibits


Exhibit No.      Description
- -----------      -----------
2.1              Amendment to Agreement and Plan of Merger, dated as of January
                 26, 2006 by and among Wave Wireless Corporation, a Delaware
                 corporation, Wave Acquisition Corporation, a Nevada corporation
                 and a wholly owned subsidiary of Wave Wireless Corporation, and
                 WaveRider Communications Inc., a Nevada corporation.

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                                    SIGNATURE

      Pursuant to the requirements of the Securities and Exchange Act of 1934,
the Wave Wireless has duly caused this report to be signed on behalf by the
undersigned hereunto duly authorized.

Date: January 27, 2006


WaveRider Communications Inc.


By:  /s/ Charles W. Brown
    -------------------------
     Charles W. Brown
     Chief Executive Officer


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                                  EXHIBIT INDEX



Exhibit No.      Description
- -----------      -----------
2.1              Amendment to Agreement and Plan of Merger, dated as of
                 January 26, 2006 by and among Wave Wireless Corporation, a
                 Delaware corporation, Wave Acquisition Corporation, a Nevada
                 corporation and a wholly owned subsidiary of Wave Wireless
                 Corporation, and WaveRider Communications Inc., a Nevada
                 corporation.



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