Airspan (NASDAQ: AIRN) just announced 700 MHz WiMAX Product Suite.
700MHz was recently “Hyped” by the media during the 700MHz FCC auction, and possible involvements of Google. But, putting the hype aside, there is a substnatial market for 700MHz products, both in the US and India.
Here is a market analysis for 700MHZ WiMAX.com, and here is a report from the WiMAX Forum about India.
Airspan was always strong in the 700MHz field, where Alvarion was not present. Alvarion did not release publicly any information or plans regarding 700MHz or other “non-standard” frequencies.
Technology aside, I found the press release a bit funny, as it is now “Fashionable” to mention President Elect Obama and his “Change” in many occasions, and Airspan chose to follow.
U.S. President-Elect Obama has been a strong advocate of extending broadband coverage to every U.S. community and has even been quoted as supporting tax and loan incentives to reach rural regions. We share in Obama’s vision and look forward to serving this important market