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Airspan extends supply agreement with Dedicado in Uruguay to deliver AS4020 customer premise terminals and WipLL terminals
August 5, 2004
BOCA RATON, Fla. -- Airspan Networks, Inc. (Nasdaq:AIRN), a leading worldwide provider of broadband fixed wireless DSL networks, announced today that it has extended the supply agreement signed with Dedicado of Uruguay in July 2003. Under that contract, Dedicado became one of the first carriers deploying Airspan's AS4020 integrated voice and high-speed data communications systems to provide always-on, high-speed Internet access and traditional voice services in the city of Montevideo. Dedicado originally selected Airspan's wireless DSL technology to overlay an existing network built by competitor, Alvarion.
The original network has operated successfully since December 2003, and demand for its services now outstrips its capacity. Under the contract extension, Airspan will supply additional AS4020, WipLL and WiMAX equipment for a significant network expansion, to enable Dedicado to serve up to 20,000 subscribers with a mix of circuit-switched voice services, always-on, high-speed Internet access and voice-over-IP connections. The contract extension requires the immediate delivery of AS4020 customer premise terminals and WipLL terminals. This equipment will serve the rapidly expanding Dedicado customer base. Additional deliveries throughout 2004 will bring the total number of Airspan customer premise units to approximately 10,000 by year end. WiMAX infrastructure and customer terminals will be delivered in 2005.
Arturo Vargas, President and CEO of Dedicado, states: "We have evaluated the range of suppliers for broadband wireless equipment and have concluded that Airspan has the optimum mix of existing products and a roadmap to meet our needs. We have been pleased with the performance of the extensive AS4020 network installed so far, and we look forward to an aggressive expansion in the number of subscribers as we expand our focus beyond the business market. Airspan's leadership in WiMAX development coupled with its ability to deliver current product has been paramount in our decision process to expand our network."
Airspan Networks
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