Japanese telecom gaint Softbank recorded a loss of $350 million for last nine months of 2016 in the fair value of the Company’s investments in India. The loss comes on top of a $555 million writedown on the value of Softbank’s India portfolio in the six-month period ending September 2016. “With reference to the current markdown, portfolio…
DragonWave Inc. a leading global supplier of packet microwave radio systems for mobile and access networks, wednesday announced WIGO S.A., a Lima-based Wi-Fi service provider, has deployed Horizon Quantum and Horizon Compact+ links to interconnect base stations and MPLS nodes at speeds up to 800 Mbps in the 18 GHz and 13 GHz frequency bands.
Horizon Compact+ is a ruggedized all-outdoor microwave product that delivers up to 1 Gbps capacity in the 6 to 60 GHz bands. Horizon Quantum is a split mount system that delivers up to 3 Gbps throughput in the 6 to 38 GHz bands. WIGO S.A. currently deploys point-to-multipoint base stations that are backhauled using the Horizon Compact+ and Horizon Quantum microwave radios, providing a comparable, yet more economically viable, solution to fiber in a dense metro environment where live streaming and social networking activity by end users is rapidly increasing.
“Finding a microwave solution that provides high capacity and low latency on par with fiber was a key consideration in expanding our network capabilities while keeping an eye on CAPEX over the long term,” said Gustavo Cubas Rojas, CTO at WIGO S.A.. “DragonWave’s solutions offered us the best overall opportunity to get to market quicker and provide the high capacity and performance to ensure our customers receive outstanding and reliable mobile service today and for the future.”
“DragonWave has continually pushed microwave technology forward so that service providers have optimal choices when considering backhaul solutions to expand their network capabilities,” said Peter Allen, President and CEO, DragonWave.
“WIGO is a great example of how to quickly deploy a microwave solution to meet burgeoning mobile capacity demand, and do so cost effectively and with the capability of leveraging the inherent interoperability of DragonWave solutions as networks grow. We are pleased to be playing a role in WIGO’s current expansion and look forward to our continued collaboration.”