Alvarion® to Expand Linkem Spa’s 4G Network in Italy with a €5 million Turnkey Contract
Network expansion to cover the regions of Lombardia Veneto, Lazio, Campania, Puglia, Calabria and Sicilia
WASHINGTON--(BUSINESS WIRE)-- Alvarion Ltd. (NASDAQ:ALVR), the world’s leading provider of 4G networks in the Broadband Wireless Access (BWA) market, and Linkem Spa, Italy’s leading wireless broadband service provider, today announced Linkem's plans to expand its 4G broadband wireless network into new Italian regions of Lombardia Veneto, Lazio, Campania, Puglia, Calabria and Sicilia. Linkem will rely on Alvarion to supply the end-to-end network including radio access network, core network, end user devices and professional services.
This will be an expansion of the contract awarded to Alvarion in 2008. Linkem subscribers in many parts of Italy are now enjoying the fastest wireless broadband speeds currently available in the market.
“We have an aggressive strategy of expanding our coverage footprint throughout Italy so we can bring quality broadband services to more and more consumers and businesses around the country,” said Davide Rota, CEO of Linkem. ”We believe that Alvarion is the right partner to help us with this network expansion given its mature end-to-end 4G solutions, global deployment experience and local support capabilities.”
“We are pleased to be awarded this network expansion on a full turnkey basis. This is further evidence of the expanding role we are playing at the request of our customers,” said Eran Gorev, president and CEO of Alvarion. “Alvarion is committed to supporting Linkem in providing a quick rollout of high speed 4G data services in these new regions. Our end-to-end turnkey 4G solutions provide a superior total cost of ownership for our customers.”
About Alvarion
Alvarion (NASDAQ:ALVR) is a global 4G communications leader with the industry’s most extensive customer base, including hundreds of commercial 4G deployments. Alvarion’s industry leading network solutions for broadband wireless technologies WiMAX, TD-LTE and WiFi, enable broadband applications for service providers and enterprises covering a variety of industries such as mobile broadband, residential and business broadband, utilities, municipalities and public safety agencies. Through an open network strategy, superior IP and OFDMA know-how, and ability to deploy large scale end-to-end turnkey networks, Alvarion is delivering the true 4G broadband experience today (www.alvarion.com).
This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995. These statements are based on the current expectations or beliefs of Alvarion’s management and are subject to a number of factors and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. The following factors, among others, could cause actual results to differ materially from those described in the forward-looking statements: potential impact on our business of the current global recession, the inability of our customers to obtain credit to purchase our products as a result of global credit market conditions, the failure to fund projects under the U.S. broadband stimulus program, continued delays in 4G license allocation in certain countries; the failure of the products for the 4G market to develop as anticipated;, Alvarion’s inability to capture market share in the expected growth of the 4G market as anticipated, due to, among other things, competitive reasons or failure to execute in our sales, marketing or manufacturing objectives; the failure of the Alvarion’s strategic initiatives to enable Alvarion to more effectively capitalize on market opportunities as anticipated; inability to further identify, develop and achieve success for new products, services and technologies; increased competition and its effect on pricing, spending, third-party relationships and revenues; as well as the inability to establish and maintain relationships with commerce, advertising, marketing, and technology providers and other risks detailed from time to time in the Company’s 20-F Annual Report Risk Factors section as well as in other filings with the Securities and Exchange Commission.
Information set forth in this press release pertaining to third parties has not been independently verified by Alvarion and is based solely on publicly available information or on information provided to Alvarion by such third parties for inclusion in this press release. The web sites appearing in this press release are not and will not be included or incorporated by reference in any filing made by Alvarion with the Securities and Exchange Commission, which this press release will be a part of.
You may request Alvarion's future press releases or a complete Investor Kit by contacting Shirley Farhi, Shirley.farhi@alvarion.com or +972.3.767.4159.
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Alvarion Ltd.
Investors:
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or
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or
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