Wireless communications equipment maker GigaBeam Corp. (
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The company said that colleges and universities are a major market for its wireless internet technology.
The order further validates GigaBeam’s commercialization strategy to penetrate major metropolitan areas around the world with next generation wireless technology that is able to bypass existing telecom infrastructure at speeds equal to 1000 DSL
lines.
“We believe that this order introduces an additional market for GigaBeam and also is another example of just how many niche markets exist for our next generation wireless products,” said Louis Slaughter, Chairman and Chief Executive Officer of GigaBeam, in a statement.
He continued, “Universities face critical economic challenges that make our low-cost, easily deployable WiFiber links a natural choice.”
GigaBeam's wireless technology is similar to that of terrestrial fiber in terms of speed and reliability. But GigaBeam says WiFiber is preferable over terrestrial fiber. Because WiFiber can be deployed and activated within hours and at costs lesser than terrestrial fiber, which takes months to deploy and requires significant regulatory and environmental approvals prior to installation.
Current GigaBeam partners and customers include Google, Verizon, ING, Sprint (
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