In the next weeks, the companies will produce a high-level technical and economic viability study and a proposed 5G solution for immediate offer to the market.
Padtec S/A, a subsidiary of Padtec Holding (B3: PDTC3), Trópico and Airspan Networks Inc., a subsidiary of Airspan Networks Holdings Inc. (NYSE American: MIMO) have entered into a Memorandum of Understanding (MoU) in order to offer 5G network solutions. The agreement is part of Padtec and Trópico’s strategy which focuses on entering the 5G market. The partnership will be providing solutions in several spectrum bands, including 700 MHz, 2.3 GHz, 3.5 GHz and 26 GHz.
The recent successful auction of 5G spectrum in Brazil will spur a wave of investments in telecom infrastructure to support the next-generation of high-bandwidth applications and services driven by 5G networks. The goal of the three companies is to collaborate to provide end-to-end hardware and software solutions to established telecom operators as well new entrants, providing the tools to support the increasing demand for data traffic on their networks which will result from the widespread adoption of 5G.
“As 5G is deployed and wireless data traffic carried by Airspan’s RAN platform grows exponentially at the edge of the networks, the need for a transport network that can scale and be flexible becomes critical. This strategic collaboration with companies like Padtec and Trópico which have deep market knowledge and are leaders in their fields, along with Airspan’s innovation and expertise, will help accelerate adoption of 5G public and private network solutions”, said Richard Vincent, Airspan SVP of Sales for the Americas.
“The race to deploy 5G in Brazil is on and we are confident that the combination of Airspan extensive RAN portfolio, with Tropico’s in depth expertise in the wireless field in Brazil will complement our capabilities in transport and aggregation of high capacity traffic and enable our alliance to deliver an integrated 5G solution to our customers on the timing they demand”, said Argemiro Sousa, Padtec’s Business Director.
“For us, the partnership with Padtec and Airspan accelerates our plan to offer solutions on connectivity and applications for 5G services”, said Paulo Cabestré, Trópico’s CEO. “As the three companies are leading innovators in our respective spaces with strong customer bases for these portfolios, this powerful collaboration leverages our collective leadership to create good solution for 5G networks”, he added.