WiMAX equipment provider Alvarion Ltd. (Nasdaq: ALVR; TASE: ALVR) has deployed its BreezeMAX with WiMAX carrier Iberbanda, a subsidiary of Telefonica SA (NYSE; IBEX:TEF; LSE:TDE) in Navarra, northeast Spain. The network provides voice and data services to residential customers in rural and semi-rural areas throughout the region.
Alvarion noted that the expansion was expected to add thousands of subscribers to Iberbanda’s customer base, and help the company meet Navarra’s government requirements to bridge the digital divide. Alvarion and Iberbanda are long-term partners and have built successful WiMAX networks in other autonomous communities of Spain, including Catalunya, Andalucia and Castilla y Leon.
Alvarion president and CEO Tzvika Friedman said, “We are pleased that Iberbanda has once again selected us for this major expansion of their network. We value Navarra government’s confidence in WiMAX. Our BreezeMAX enables overcoming digital divide and realizing the vision of WiMAX’s capability to bring broadband everywhere."
Alvarion closed at $7.57 on Nasdaq on Friday.
Published by Globes [online], Israel business news - www.globes-online.com - on March 3, 2008
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