Alvarion penetrates Australian market through Allegro deal
Provider of WiMAX and wireless broadband solutions Alvarion Ltd. (Nasdaq: ALVR) announced before the opening bell Tuesday that wireless broadband internet server provider Allegro Networks will use its BreezeMAX system for the first WiMAX deployment in Australia.
This deal allows Alvarion to penetrate the Australian market by offering Australian businesses across the country access to a high-speed network services through its WiMAX product.
“WiMAX has a key role in establishing a robust, affordable, and efficient broadband network in Australia,” said Ted Pretty, Chairman of Allegro. “Businesses in regional Australia cannot afford to wait any longer to receive advanced broadband services. Alvarion was the one company able to meet our deadlines for true WiMAX infrastructure while maintaining the required quality of service.”
“Being chosen by a leading wireless ISP further demonstrates Australia’s commitment to WiMAX.” said CEO of Alvarion Tzvika Friedman. “We are pleased to be selected by Allegro Networks for their first commercial WiMAX deployment...”
Allegro said it will seek wholesale access to the backhaul fiber and other network elements of the Optus Elders consortium (OPEL). Australia’s federal government awarded these networks almost a billion dollars as part of the government’s “Broadband Connect” project for Australia. Australia’s government just recently jump started a broadband network with wireless and fiber technologies through private funding.
Shares of Alvarion traded up 1.11% or $0.11 to $9.98 in Tuesday morning trading.
