GigaBeam has received purchase orders for 24 additional WiFiber links from One Velocity, a major wireless telecom provider for the Western United States.
In addition to added revenues and earnings from the considerable projected growth of One Velocity’s network, the company expects to create next generation Wireless Local Exchange Carriers around the world.
With its aggressive commercialization strategy, GigaBeam aims to penetrate major metropolitan areas with next generation wireless technology able to bypass existing telecom infrastructure at speeds equal to 1000 DSL lines.
According to Louis Slaughter, chairman and chief executive officer of GigaBeam, their company is fully committed to expanding the market for their products on a worldwide scale with the ultimate goal of building significant long-term value for their shareholders.
Slaughter said that their growing partnership with One Velocity has proven profitable for GigaBeam as they continue to successfully build out the Las Vegas market with the strategy to open other major markets for their products across the western United States.
In terms of speed and reliability, GigaBeam’s WiFiber technology is similar to terrestrial fiber. However, WiFiber can be rapidly deployed and costs less to deploy than terrestrial fiber. Additionally, Terrestrial fiber can take months to deploy and requires significant regulatory and environmental approvals prior to installation.
The network established by One Velocity is one of the fastest commercial Metro Ethernet networks in the world. One Velocity’s services are rapidly deployable, highly scalable, secure, reliable and broadly accessible.
“We are proud of our achievement to date of having deployed the first commercial next generation WiLEC network in the world utilizing GigaBeam’s WiFiber technology,” said Mike Ballard, chairman and chief executive officer of One Velocity in a statement.
Ballard expects rapid expansion of their business and anticipates deployment of many more GigaBeam WiFiber links to support this expansion.
One Velocity has reportedly deployed approximately 30 WiFiber Links to date and has established several resilient gigabit Ethernet loops across Las Vegas providing service to more than 28 enterprise and local government customers.
Anuradha Shukla is a contributing writer for TMCnet covering call centers, CRM and information technology.
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Ethernet | X |
An industry-standard network hardware specification (IEEE 802.3) developed by IEEE that offers dedicated network (and Internet) access. Standard Ethernet is half-duplex transmission system. That is, d...more |