Airspan Networks, Padtec and Trópico Team up to Offer Innovative 5G Open RAN Public and Private Network Solutions
December 13 2021 - 7:00AM
Business Wire
In the coming weeks, the companies will produce a high-level
technical and economic viability study and a proposed 5G solution
for immediate offer to the market
Airspan Networks Inc., a subsidiary of Airspan Networks Holdings
Inc. (NYSE American: MIMO), Padtec S/A, a subsidiary of Padtec
Holding (B3: PDTC3), and Trópico have entered into a Memorandum of
Understanding (MoU) to offer 5G network solutions. The agreement is
part of Padtec’s and Trópico's strategy which focuses on entering
the 5G market. The partnership will provide solutions in several
spectrum bands, including 700 MHz, 2.3 GHz, 3.5 GHz and 26 GHz.
The recent successful auction of 5G spectrum in Brazil will spur
a wave of investments in telecom infrastructure to support the
next-generation of high-bandwidth applications and services driven
by 5G networks. The goal of the three companies is to collaborate
to provide end-to-end hardware and software solutions to
established telecom operators as well as new entrants, providing
the tools to support the increasing demand for data traffic on
their networks which will result from the widespread adoption of
5G.
“As 5G is deployed and wireless data traffic carried by
Airspan's RAN platform grows exponentially at the edge of networks,
the need for a transport network that can scale and be flexible
becomes critical. This strategic collaboration with companies like
Padtec and Trópico which have deep market knowledge and are leaders
in their fields, along with Airspan's innovation and expertise,
will help accelerate adoption of 5G public and private network
solutions," said Richard Vincent, Airspan SVP of Sales for the
Americas.
“The race to deploy 5G in Brazil is on and we are confident that
the combination of Airspan’s extensive RAN portfolio, with
Trópico's in-depth expertise in the wireless field in Brazil will
complement our capabilities in transport and aggregation of high
capacity traffic and enable our alliance to deliver an integrated
5G solution to our customers on the timing they demand," said
Argemiro Sousa, Padtec's Business Director.
"For us, the partnership with Padtec and Airspan accelerates our
plan to offer solutions on connectivity and applications for 5G
services," said Paulo Cabestré, Trópico's CEO. "As the three
companies are leading innovators in our respective spaces with
strong customer bases for these portfolios, this powerful
collaboration leverages our collective leadership to create good
solutions for 5G networks," he added.
About Airspan
Airspan Networks Holdings Inc. (NYSE American: MIMO) is a
U.S.-based provider of groundbreaking, disruptive software and
hardware for 5G networks, and a pioneer in end-to-end Open RAN
solutions that provide interoperability with other vendors. As a
result of innovative technology and significant R&D investments
to build and expand 5G solutions, Airspan believes it is
well-positioned with 5G indoor and outdoor, Open RAN, private
networks for enterprise customers and industrial use applications,
fixed wireless access (FWA), and CBRS solutions to help mobile
network operators of all sizes deploy their networks of the future,
today. With over one million cells shipped to 1,000 customers in
more than 100 countries, Airspan has global scale. For more
information, visit www.airspan.com.
About Padtec (www.padtec.com)
Padtec is a global provider of flexible and high-capacity
optical transport solutions based on DWDM technology. Padtec offers
an extensive product portfolio for corporate access, DCI,
metropolitan and regional networks and multi-terabit long-distance
networks, which meets the end-to-end demands – in transport,
optical amplification and route protection – of operators,
integrators, carrier of carriers, utilities and service providers.
Padtec’s service unit is involved in the deployment, operation and
maintenance of systems and in optical network management. With a
strong focus on research and development, Padtec’s pioneering
technology spans long distances and challenges boundaries to
connect the world intelligently.
About Trópico (www.tropico.com.br)
Trópico's history was forged in a research and development
environment that gave it its innovative DNA. Combined with the
entrepreneurial spirit of its managers, a modern and dynamic
company was formed, with a solid culture of innovation that stands
out in the Brazilian technological forefront. With Information and
Communication Technologies (ICT) products, Trópico operates in
several markets, such as telecommunication operators, agribusiness,
utilities, defense and public security.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20211213005193/en/
Airspan Media Contact Howie Waterman hwaterman@airspan.com
917-359-5505
Trópico Media Contact Marcilio Sanches Marketing Director
marcilio.sanches@tropiconet.com +55 19 99318 1641
Padtec Media Contact Stella Abellan Head of Media Relations
stella.abellan@padtec.com.br
Airspan Networks (AMEX:MIMO)
Historical Stock Chart
From Jun 2024 to Jul 2024
Airspan Networks (AMEX:MIMO)
Historical Stock Chart
From Jul 2023 to Jul 2024