Wireless broadband technology company Alvarion (Nasdaq: ALVR; TASE: ALVR) has announced that it was chosen to deliver Ertach Argentina's first Mobile WiMAX solution for trial in South America.
The company said that its IEEE 802.16e 4Motion solution was to be tested and was then planned to be deployed in the city of Rosario, targeting SME and corporate users with primary fixed and nomadic broadband services; high-speed Internet and advanced voice services.
In 2004, Ertach used Alvarion's BreezeMAX 3500 solution, to build the first commercial WiMAX network in South America.
"Alvarion's OPEN WiMAX approach adopted by Ertach, in addition to the trial of their first 802.16e network in South America, presents an important milestone for the Mobile WiMAX market," said Alvarion president and CEO Tzvika Friedman.
Alvarion shares closed at $13.50 in New York yesterday, giving the company a market cap of just over $838 million.
Published by Globes [online], Israel business news - www.globes.co.il - on October 11, 2007
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