HS Alliance
Receive instant alerts for news on your actions. Claim your 1-week free trial for Street Insider Premium here.
In the coming weeks, companies will produce a high-level technical and economic viability study and a 5G solution proposal for immediate market offer.
BOCA RATON, Fla .– (BUSINESS WIRE) – 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 has entered into a Memorandum of Understanding (MoU) to offer 5G network solutions. The deal is part of Padtec and Trópico’s strategy which focuses on entering the 5G market. The partnership will provide solutions in multiple frequency bands including 700 MHz, 2.3 GHz, 3.5 GHz and 26 GHz.
The recent successful 5G spectrum auction in Brazil will spur a wave of investment in telecommunications infrastructure to support the next generation of broadband 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 telecommunications operators as well as new entrants, providing the tools necessary to meet the growing demand for data traffic on their networks. which will result from the widespread adoption of 5G.
“As 5G is deployed and the wireless data traffic carried by Airspan’s RAN platform increases 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 who have in-depth knowledge of the market and are leaders in their fields, together with Airspan’s innovation and expertise, will help accelerate the adoption of public network solutions and private 5G, ”said Richard Vincent, SVP Airspan of Sales for the Americas.
“The race to deploy 5G in Brazil is on and we are confident that the combination of Airspan’s broad RAN portfolio, with Trópico’s in-depth wireless expertise in Brazil will complement our transportation and high capacity traffic aggregation and will enable our alliance to deliver an integrated 5G solution to our customers within the timeframe they request, ”said Argemiro Sousa, Commercial Director of Padtec.
“For us, the partnership with Padtec and Airspan accelerates our project to offer connectivity solutions and applications for 5G services,” said Paulo Cabestré, CEO of Trópico. “As all 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 said. added.
About Airspan
Airspan Networks Holdings Inc. (NYSE American: MIMO) is a US provider of revolutionary and disruptive software and hardware for 5G networks, and a pioneer in end-to-end open RAN solutions that provide interoperability with other vendors. Thanks to innovative technology and significant investments in R&D; to create and scale 5G solutions, Airspan believes it is well positioned with indoor and outdoor 5G, open RAN, private networks for corporate clients and applications for industrial use. , fixed wireless access (FWA), and CBRS solutions to help mobile network operators of all sizes deploy their networks of the future today. With more than one million cells delivered to 1,000 customers in more than 100 countries, Airspan has a global reach. 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 a wide range of products for enterprise access, DCI, metro and regional networks and multi-terabit long-haul networks, which meet end-to-end demands – for transport, optical amplification and road protection – operators, integrators, operators. carriers, utilities and service providers. The Padtec service unit is involved in the deployment, operation and maintenance of systems and in the management of optical networks. With a strong focus on research and development, Padtec’s pioneering technology spans long distances and pushes the boundaries to connect the world intelligently.
About Tropico (www.tropico.com.br)
The history of Trópico was forged in a research and development environment that gave it its innovative DNA. Combined with the entrepreneurial spirit of its leaders, a modern and dynamic company has been formed, with a strong culture of innovation that stands out in the Brazilian technological vanguard. With information and communication technology (ICT) products, Trópico operates in several markets, such as telecommunications operators, agribusiness, utilities, defense and public security.
See the source version on businesswire.com: https://www.businesswire.com/news/home/20211213005193/en/
Airspan media contact
Howie waterman
[email protected]
917-359-5505
Tropico media contact
Marcilio Sanches
Marketing director
[email protected]
+55 19 99 318 1641
Padtec media contact
Stella Abellan
Head of Media Relations
[email protected]
Source: Airspan Networks Inc.