Thursday, June 18, 2009

Alvarion scores major WiMAX win in the US — WIMAX

Open Range Communications began moving forward with its plans after receiving funding of $374M earlier this year to build out its network - including a $274 loan from the USDA's Rurual Utilities Service (RUS) and $100M from One Equity Partners. The funds received from RUS are from its annual re-reoccurring program and separate from the US Broadband Stimulus Funds being released later this year. The company plans to begin deploying the network in Q3 with the first services offered in Q4 this year.

Open Range plans to use WiMAX technology to deliver broadband services to un-served and underserved communities in America - offering portable and eventually mobile voice and internet services to its planned coverage areas including western states California, Colorado and Nevada; Midwestern states Wisconsin, Illinois, Indiana, Ohio and Nebraska; southern states Arkansas, Alabama, Florida, Georgia and South Carolina; and eastern states Pennsylvania, New York, New Jersey and Delaware...