Telrad won a $8 million deal to provide 4G solutions to the Taiwanese Vee TIME
9 October, 2013
This is a milestone deal for Telrad. In February 2013 it signed an agreement to acquire the broadband wireless access (BWA) division of Alvarion Ltd. for $6.1 million.
Telrad will install the BreezeMAX™ and BreezeCOMPACT™ solutions which was developed by Alvarion
Telrad Networks from Lod, Israel, won a $8 million deal to provide 4G wireless and telecom solutions to the Taiwanese operator Vee TIME Corporation. Telrad will deploy its integrated WiMAX technology to provide flexible 4G wireless Internet, voice and data access to subscribers in northern Taiwan from 350 base station sites.
Telrad will install the BreezeMAX™ and BreezeCOMPACT™ solutions which was developed by Alvarion during the last 15 years, operating in the sub-6 GHz bands. This is a milestone deal for Telrad. In February 2013 it signed an agreement to acquire the broadband wireless access (BWA) division of Alvarion Ltd. for $6.1 million.
The flagship product of the group, BreezeCOMPACT, has a unique single-box architecture which provides macro base station performance in a compact all-outdoor form factor with software radio design, which enables LTE Advanced and a variety of supported frequencies. This division, with its 130 employees, serves over 250 broadband carriers and Wireless Internet Service Providers (WISPs) worldwide, and were fully integrated into Telrad’s core business.
For the past five years, Vee TIME has been working hard to leverage its operational licenses throughout Taiwan, and have made significant investments to acquire VMAX Telecom in northern Taiwan, and Tatung Infocomm in southern Taiwan. Vee TIME’s licenses include 30 MHz of spectrum in the 2.5-2.69 GHz band (2660-2690 MHz) that enable the company to deliver 4G coverage to more than 75% of Taiwan’s population. Although the current license allows WiMAX technology only, the company hopes that regulator will follow global trends to allow the future use of LTE.
Headquartered in Israel, Telrad Networks employs over 300 professionals and operates in over 30 countries, with regional headquarters in the Americas, Europe, Asia and Africa. It is owned by Fortissimo Capital, a group of private equity funds with nearly $500 million under management.