2010 half-year results signals renewed market growth in Wireless Service Provider sectors
London, 14th September, 2010: InfiNet Wireless, a leading global manufacturer and provider of carrier-grade wireless infrastructure solutions for Fixed Broadband Wireless Access (FBWA) and wireless connectivity, today announced that growth in its business for the first half of 2010 increased in its core markets in excess of 50% over the same period in 2009, providing the strongest growth results for the company in its 17 years history. The key growth areas of the business came from the Russian Federation, the Middle East, Latin America and Africa regions, and in particular from the increased spending in public safety & security and energy segments within these regions.
“As we continue gaining further market share from our closest competitors on a global basis, we are also seeing an increasing trend in the marketplace for public infrastructures with some parts of the world renewing their investments in public safety and homeland security areas”, comments Kamal Mokrani, Global VP Sales & Marketing for Infinet Wireless. “Our home market in Russia is now showing clear signs of coming out of recession and this is happening earlier than expected by most economic analysts, resulting in bigger and faster demand for our broadband wireless solutions. We are also seeing similar trends in regions of South East Asia and Latin America, where public sector investments in broadband infrastructures fast becoming the top priority for network spend. Elsewhere in newly targeted regions, the energy and oil/gas sectors are also proving to be strong areas of growth for our company”.
Dmitry Okorokov, COO for InfiNet Wireless, notes: “2010 has been a significant year for InfiNet in terms of both growth and market penetration, and the release of our new generation of broadband wireless solutions early in 2010 - coupled with our investment in new and expanded manufacturing and R&D facilities - has helped us to position ourselves competitively in a market where many other vendors are simply struggling. We believe that InfiNet’s approach to the market resonates strongly with the customer base as we continue to challenge the market and competitors through our technology innovation and customer value proposition. ”
About InfiNet Wireless
Established in 1993, InfiNet Wireless is one of the largest privately owned Fixed Broadband Wireless Access (FBWA) development and manufacturing companies in the world. With more than 15 years of intense customer based research and product development, InfiNet’s range of wireless connectivity solutions are the preferred choice of global communication corporations and governments who require uncompromising connectivity.
To date, InfiNet Wireless has forged a solid foundation in fixed wireless installations, and currently has over 70,000 deployments from the plains of Siberia to the depths of the Sahara and have been successfully deployed in over 35 countries. Its philosophy of providing the most flexible, reliable, cost-attractive and innovative solutions in the industry has helped it to reach the market leader position for Wireless solutions in Russia and Central & Northern Asia, and is the benchmark of carrier grade multiservice broadband wireless access systems.
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