According to the duo, the deal will see CBNG become a subsidiary of Curvalux and will “dramatically multiply the overall value proposition of FWA networks to telecoms carriers and wireless internet service providers”.
South Yorkshire-based Curvalux recently launched a new mulit-beam antenna which is designed to deliver ultrafast broadband speeds over a long range and with low power consumption. The technology has already been adopted in the Philippines, where it will be used to spread faster broadband across rural communities on 7,000 islands
According to ABI research, FWA is the fastest growing residential broadband market segment globally with 5G set to account for 40% of FWA by 2026. After the merger, the duo will look to develop CBNG’s mmWave PTMP wireless products including adding a fully compliant 5G new radio (NR) solution to its portfolio.
Combined with Curvalux’s patented antenna design for FWA, the duo claim they will deliver “smarter solutions for fixed wireless broadband, ensuring an optimal approach to network deployment with an efficient use of spectrum in both licensed and unlicensed bands”.
Richard Pak, CEO of Curvalux, said: “We are beyond excited to merge with a best-of-class company like CBNG and realise our shared vision to jointly develop revolutionary products, leveraging CBNG’s extensive experience and our patented, innovative technologies.
“With this merger, I believe we have found a perfect marriage of industry know-how and disruptive innovation and we will work tirelessly together to transform the wireless market with sustainable technologies that extend fast, reliable and low-cost connectivity to all communities around the world, connecting the neglected and unconnected, while promoting sustainable and fair economic growth.”
