Infrastructure to Comtel PCS
Melbourne, Florida -- AirNet Communications Corporation announced today the signing of a multi-million dollar contract to supply GSM (Global System for Mobile Communications) wireless infrastructure equipment and associated services to Comtel PCS Mainstreet LP. Comtel will initially provide GSM service to the Lawton-Duncan, OK, Basic Trading Area (BTA) with a population of more than 180,000 potential subscribers. Subsequently, Comtel will expand its coverage to include an additional 440,000 potential subscribers in the Sherman-Denison, TX, Wichita Falls, TX, and Ardmore, OK BTAs.
Comtel is a consortium composed of four independent telephone companies: Cherokee Telephone Company, Community Telephone Company, North Texas Communications, and Poka Lambro Telephone Cooperative. Poka Lambro PCS, Inc. will manage and operate the system for Comtel.
AirNet will supply a complete GSM Base Station Subsystem (BSS), including an operations and maintenance center, base station controller, transcoder rate adapter unit, and all associated cell sites. Some cell sites will be fitted with AirNets high-capacity software defined broadband base transceiver stations while the remaining sites will be configured with AirSite® Backhaul Free Base Stations.
Comtel undertook an exhaustive study of all competitive infrastructure alternatives and concluded that AirNet was the only infrastructure vendor that could economically provide the initial coverage required to compete with the regions incumbent wireless carriers. A Comtel spokesperson noted, "We can forget the high cost associated with T1 lines. The savings in backhaul costs alone made a huge impact on our business plan."
"The market continues to show us that it takes a lot more than technology to serve the needs of rural and suburban service providers," said Dr. Lee Hamilton, AirNet president and CEO. "That's why providers all across the U.S. are choosing AirNet's GSM solution. As the 'GSM Economy Experts'; we can offer absolutely the best business case for wireless operators in this hyper-competitive environment."
"AirNet provides the most economical wireless infrastructure solution in the industry, bar none. The fact that we can expedite the profitability of our customers is especially pleasing," remarked Glenn Ehley AirNet's vice president of Sales and Marketing. "More and more service providers are signing up for our winning 'backhaul free' solution and reaping the benefits of GSM."
AirNet Communications Corporation, based in Melbourne, Florida, designs, manufactures, distributes, and supports profitable GSM-based (GSM 900, GSM-1800, and GSM-1900) wireless infrastructure solutions. AirNet's products include the AirSite Backhaul Free Base Station and software defined broadband BTS - winners of the 1998 GSM World Award for Best Technical Innovation.
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This press release contains forward-looking statements that reflect management's expectations, assumptions, and estimates of future performance and economic conditions. Such statements are made in reliance upon the safe harbor provisions of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. The Company cautions investors that any forward-looking statements are subject to risks and uncertainties that may cause actual results and future trends to differ materially from those matters expressed in or implied by such forward-looking statements. The Company's consolidated results and the forward-looking statements could be affected by many factors, including general economic conditions in the markets in which the Company operates; economic developments that have a particular adverse effect on one or more of the markets served by the Company; the ability to execute management's strategic plan; or the stability of key markets for communications products. Additional information concerning the factors that could cause actual results to differ materially from those expressed or implied in the forward-looking statements is contained from time to time in the Company's SEC filings. Copies of such filings may be obtained, when available, by contacting the Company or the SEC.
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