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Cambridge Broadband Networks Continues Global Expansion

Contract wins across eight new markets signify global expansion

CAMBRIDGE, UNITED KINGDOM -- (Marketwire) -- 11/29/12 --

Editors Note: There is one image associated with this press release.

Cambridge Broadband Networks, the global leader in the development and deployment of next generation multipoint microwave networks, today highlighted the significant expansion of its activities over the past 12 months. The company's VectaStar multipoint microwave technology now serves operators in 36 countries around the world, adding eight new markets since 2011. The success, driven by expansion in Europe, Africa, the Middle East and, most recently, Latin America has established multipoint microwave as a key technology for developed and emerging markets alike, and confirmed Cambridge Broadband Networks' prominent position as a global network solutions provider.

Significant contracts and developments during the past 12 months include backhaul infrastructure for the UK's largest LTE trial in London and continued investment in Africa, now supported by dedicated Centre of Excellence training facilities in Nigeria, Kenya and South Africa.

More recently, the company has expanded into Latin America and already has projects underway in Peru, Venezuela, Uruguay, and Argentina. Strong repeat business in Europe, Africa and the Middle East has also contributed to success during the period; solid evidence of the reliability, practicality and innovation VectaStar delivers to network operators.

Cambridge Broadband Networks is at the forefront of small cells development. The company has recently been appointed the Vice Chair of the Backhaul Group for the Small Cell Forum, and its VectaStar platform has completed two successful small cell field trials. VectaStar has also been deployed as a key backhaul element of a commercial small cell Wi-Fi network in central London.

"The global telecoms market continues to provide new and interesting challenges for operators and service providers. Whether diversifying the network architecture, such as small cells, or delivering services over different technologies such as Wi-Fi - what is certain is that networks are becoming a hybrid of solutions to deliver a high speed and reliable customer experience, and therefore operators need a toolbox of solutions," said Lionel Chmilewsky, CEO, Cambridge Broadband Networks.

"Our aim is to continue being a key and leading contributor for that toolbox. We have continued to provide significant investment in our VectaStar platform to cater for the diverse applications now required. VectaStar has been proven to be effective, scalable, and ultimately reliable for next generation LTE and Wi-Fi networks, along with established 2G/3G backhaul and access networks worldwide."

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About Cambridge Broadband Networks Limited

Pioneering the development and deployment of next generation microwave transmission equipment since 2000, Cambridge Broadband Networks Limited (CBNL) is the global leader in carrier-class, high-capacity point-to-multipoint microwave access and backhaul solutions. With customers in 36 countries, CBNL's VectaStar platform is deployed by more operators, in more markets, than any other multipoint solution. By reducing the number of radios required for each network deployment, VectaStar provides both capital and operational savings. Coupled with its industry leading statistical multiplexing technology for dynamically and efficiently managing spectral resource, the platform can reduce backhaul costs by up to 50%. Privately-held, CBNL has headquarters in Cambridge, UK, with offices in Nigeria and South Africa and manufacturing facilities in China.

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For more information about any of the issues in this press release, please contact: Tony Brown, Babel PR for Cambridge Broadband Networks.

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