Melbourne, Florida - AirNet Communications Corporation today announced the signing of a multimillion dollar contract to supply GSM wireless infrastructure equipment to OnQue Communications Inc. The equipment is earmarked for deployment in the Fort Smith and Russellville, AR, Basic Trading Areas (BTAs) with more than 360,000 potential subscribers.
AirNet will provide a complete Base Station Subsystem (BSS), including broadband Base Transceiver Stations (BTSs), AirSite® Backhaul Free Base Stations, a Base Station Controller (BSC), Transcoder Rate Adapter Unit (TRAU), Operations and Maintenance Center for Radio (OMC-R), and ancillary equipment. OnQue is headquartered in Oklahoma City, OK.
"We were really impressed with the quality and cost efficiency of the AirNet system," said OnQue President Charles Curtis. "Not only is AirNet's advanced broadband technology a step closer to 3G than any other vendor's, but the cash savings OnQue will realize by using AirSite Backhaul Free Base Stations is truly remarkable.
"We had considered using other wireless technologies, but the fact that GSM has been standardized all over the world convinced us that it's the safest bet for right here in America's heartland," Curtis added.
"We are really pleased that OnQue chose AirNet as their partner in this build-out," remarked Dr. Lee Hamilton, AirNet president and CEO. "Service providers all over the world are beginning to recognize the tremendous operational cost savings offered by AirNet's BSS. Our compelling business case and 'future-proof' software-defined broadband technology make AirNet hard to beat in applications like this."
"The AirSite communicates with the rest of the network using the PCS spectrum the operator has already licensed," explained Glenn Ehley, AirNet vice president of sales and marketing. "That means the AirSite base station doesn't require a T1 line or fixed microwave facility for backhaul. Since backhaul can cost an operator anywhere from $500 to $1800 per base station per month, the savings can be enormous."
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 a line of software-defined, broadband BTSs and the AirSite Backhaul Free Base Station. AirNet was awarded 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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