Kavveri Telecom on Thursday said that its Canadian arm Spotwave Wireless, Canada has got approval from Federal Communication Commission (FCC) for its in building solution Repeaters for 4G technology for usage in telecom networks across North America.
With this approval from Federal Communication Commission for usage of its products in telecom networks, company now hopes to bag new orders in north American market.
Kavveri Telecom has products for this space, but also offers IBS as a service. In its Web site, citing a forecast of Global Mobile Data, the company says that in 2011-14, mobile data will increase 108 per cent and 85 per cent of data and 70 per cent of voice traffic will be in building.
Even in India there is a big market for IBS, says Kavveri. “Increasing data usage within buildings due to 3G, BWA and 4G, which due to their high frequency bandwidth, cannot penetrate buildings easily,” will provide a big opportunity says the company in a presentation.
"In building solution Repeaters for 4G technology designed and developed by our subsidiary Spotwave Wireless, Canada have been approved by 'Federal Communications Commission (FCC)' for usage in telecom networks across North America," Kavveri Telecom Products said in a BSE filing.
It added with this approval of IBS, used for boosting telecom network coverage inside a building, from FCC, company now hopes to bag new orders in north American market.
The company in India has also entered in 10 year contract with some of the service providers. However, it is not yet known to have deployed IBS for 4G.
Commenting on this approval Shivakumar Reddy, managing director, Kavveri Telecom Products and Bill McBride, executive vice president, said, “This is huge recognition for Spotwave Wireless and Kavveri Telecom Products internationally. With this approval, company can have access for its products across North America. We thank all our 600+ kavverians globally along with our engineers who work hard on R&D for delivering products which are accepted at international levels.”
Shares of the company gained Rs 0.5, or 0.23%, to trade at Rs 215.50. The total volume of shares traded was 31,634 at the BSE (11.14 a.m., Thursday).