~~UNITED~~NITED 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: ~~January~~February 75, 2008

(Date of earliest event reported: ~~December~~January 3127, ~~2007~~2008)

~~Cybertel~~NW Tech Capital, ~~Corporation~~Inc.

(FKA/Cybertel Capital Corporation)

(Exact name of registrant as specified in its charter)

Nevada	000-26913	86-0862532
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
(State or other jurisdiction	(Commission File Number)	(IRS Employer
of incorporation)		Identification No.)
4663 NE St. John Road, Ste B Vancouver, Washington		98661
(Address of principal executive offices)		(Zip Code)

4663 NE St. John Road, Ste B Vancouver, Washington	98661
(Address of principal executive offices)	(Zip Code)

(858) 646-7410

(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:

o Written communications pursuant to Rule 425 under the Securities Act

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

Item 1.01

Entry into a Material Agreement

On ~~December~~January 1529, ~~2007 (effective December 31~~2008, ~~2007),~~ the Company entered into aan acquisition agreement with ~~Mutual~~Teledigit, ~~Separation~~Inc. ~~Agreement~~and (Teledigit’s shareholders providing for Teledigit’s shareholders to transfer 100% of the ~~“Separation~~capital ~~Agreement”)~~stock ~~with~~of ~~AireWire~~Teledigit in exchange for 800,000 ~~Inc~~shares of to be created Series E Preferred Stock of the Company. The Series E Preferred Stock will be convertible into common stock at the lower of (~~“Airewire”~~i). ~~The~~110% of the average closing bid price of the Company’s ~~and~~common ~~Airewire~~stock ~~were~~for ~~parties~~the three totrading andays ~~acquisition~~immediately ~~agreement~~preceding the date of conversion; or (ii) 70% ~~dated~~of the ~~March~~average ~~31,~~of ~~2006.~~the ~~Both~~three ~~parties~~lowest ~~have~~closing ~~deemed~~bid itprices inof ~~their~~the ~~best~~common ~~interests~~stock tofor ~~unwind~~ the 20 ~~Acquisition~~trading ~~Agreement.~~dates ~~The~~immediately ~~Separation~~preceding ~~Agreement~~the ~~provides~~conversion. ~~that~~Based ~~the~~on certain earnings ~~Company~~criteria, ~~will~~as ~~return~~set forth in the Acquisition Agreement, attached as Exhibit 10.1 hereto,~~000,000~~ ~~shares~~the ofTeledigit ~~Airewire~~shareholders ~~owned~~may bybe itentitled ~~and~~to ~~that~~additional shares of ~~Airewire~~Series ~~will~~E ~~return~~Preferred ~~the~~Stock. ~~500,000~~The ~~shares~~closing of ~~Cybertel~~the ~~Capital~~acquisition ~~Corporation~~is ~~owned~~subject to numerous byconditions, including but not limited to the Company’s ability to provide itworking capital to Teledigit. OnThe ~~the~~closing ~~effective~~is ~~date~~expected to occur no later than July 31, ~~neither~~2008. ~~party~~The ~~will~~agreement ~~have~~also ~~any~~provides ~~obligation~~for the Company to provide certain interim financing to Teledigit during the period between the signing and ~~other~~closing. There is no relationship between the Company, Teledigit or Teledigit’s shareholders.

Item 9.01

Financial Statements and Exhibits.

(d) Exhibits

The following document is included as an exhibit to the Form 8-K.

Exhibit

Number

Description

10.1 ~~Mutual~~Acquisition ~~Separation~~ Agreement\

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.

Date: ~~January~~February 75, 2008

~~Cyberel~~NW Tech Capital Inc. FKA/Cybertel Capital Corporation By: /s/ James Wheeler James Wheeler President

EXHIBIT INDEX

Exhibit

Number

Description

10.1 ~~Mutual~~Acquisition ~~Separation~~ Agreement\

Filing Compare · NW Tech Capital, Inc.