Wireless broadband solutions company Alvarion Ltd. (Nasdaq: ALVR; TASE: ALVR) has been chosen by the Canary Islands government to supply, install and implement wireless broadband connectivity in remote areas as well as three hundred educational centers.
Alvarion said that the government owned network makes use of its 4G technology, allowing a broadband connection of at least 6 Mbps, reducing the digital divide and significantly improving the efficiency of the regional government.
Alvarion added that its solution addresses a number of challenges such as connecting three hundred educational centers located on seven islands, and overcoming rugged terrain and long distances. The company said that this was the key for the government to provide a broadband connection of at least 3 Mbps and to implement a private network that would facilitate the needs of the public administration while eliminating the expenditure of the current leased line solution.
Canary Islands government CTO Roberto Moreno said, "The deployment of a private telecommunications network using Alvarion’s technology allows us to connect our remote public schools to the Internet over a wireless network. We have experienced a data deficit due to the telecommunications companies having a lack of adequate infrastructure to bring a quality network to these rural areas. With the introduction of wireless broadband connectivity we can now provide our own wireless infrastructure that significantly saves on the monthly rental invoice and provides a high speed data connection to all city centers.”
Alvarion's share was down 4.35% on Nasdaq today at $1.04, giving a market cap of $65 million. On the TASE today the share rose 2.46% to NIS 3.96.
Published by Globes, Israel business news - www.globes-online.com - on February 27, 2012
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