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ADAPTIX gets supply deal for WiBro in South Korea

Published Friday, May 27, 2005

ADAPTIX, a provider of software-based broadband wireless technologies, this week announced it will provide channel cards for LG Electronics’ solutions for the South Korean deployment of WiBro, a Korean standard closely aligned with the pending 802.16(e) standard for mobile WiMAX. Under the contract, Seattle-based ADAPTIX will supply channel cards for all of LG Electronics’ WiBro systems through 2006 and at least 75% of the channel cards for those systems in 2007, said ADAPTIX President and CEO Vern Fotheringham. Analysts estimate that South Korean service providers will spend between $1.5 billion and $3 billion in capital expenditure to deploy ...

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