Athens, Greece - 20 April 2017 - Intracom Telecom, a global telecommunication systems and solutions vendor, announced today that EOLO SpA, an Italian telecommunications operator focusing on ultra-broadband in sub-urban and rural areas, selected its WiBAS™-Connect for the implementation of an ultra-broadband wireless residential network across rural Italy. EOLO intends to complete the rollout of its new network within a period of 5 years, being the first to offer 5G speeds to homes and businesses.
Within the framework of this multimillion contract, Intracom Telecom will supply its Point-to-Multipoint (PtMP) systems to EOLO enabling the operator to deploy a wireless network to connect homes and businesses across Italy that cannot be reached by fiber and ADSL/VDSL. This first ever PtMP deployment will enable EOLO to improve its coverage (13 regions, 70 provinces) of Italy and offer internet speeds up to 100Mbps to its subscribers. The total agreed scope is for a PtMP network for several hundred thousand subscribers, consisting of base stations and CPEs operating in the 28GHz frequency band, recently awarded by the Italian government to EOLO.
The installation of WiBAS™-Connect is part of EOLO's current extensive investment in its fast expanding network in the whole of Italy, aiming at becoming the first provider of ultra-broadband services to residential and SME subscribers in the country's suburban and rural areas. The selection of Intracom Telecom's Multipoint technology came following rigorous testing by EOLO experts. The WiBAS™-Connect was proven to be the optimal solution presently available in the market satisfying the long list of technical criteria.
Commenting on the project award, Mr. Luca Spada, President of the Board & CEO of EOLO, said: "As EOLO expands its coverage and introduces new value-added services for its subscribers, it was important to form a strategic partnership with a company like Intracom Telecom that can assist us achieve our goals to deliver 5G ready services in more regions in Italy, so to enrich subscriber experience." Moreover, Mr. Spada added: "Starting from the second semester of 2017, a "5G ready" network, able to supply a real connectivity of 100Mbps in download and 50Mbps in upload, will support our country to achieve a leading position in 5G, with an important focus on those peripheral areas where fiber networks will not be deployed in the next years."
Mr. Mohamed Ahmed, President of the Board & CEO of Intracom Telecom, said: "We are delighted to partner with EOLO and support them accomplish their vision to be the first provider in Italy for Ultra-Broadband Internet connectivity to rural residential subscribers. We worked diligently with EOLO during the past years to provide our state-of-the-art technology to meet their high-end demanding requirements. We are determined to be part of their success."
Intracom Telecom has been accumulating expertise for the past 40 years in providing innovative wireless access solutions, having successfully developed and deployed its Point-to-Multipoint systems with numerous operators in Europe, Southeast Asia and Africa, meeting the constantly growing demand for broadband access services.
EOLO SpA, founded in 1999, is a telecommunications operator market leader in internet connectivity services, VoIP telephony and added value services. EOLO is in a leading position in the wireless broadband business, thanks to the wholly owned EOLO network. In the last fiscal year EOLO's revenue reached 76 Million Euro with a 33% growth over the previous year. EOLO is the hi-speed independent wireless network that delivers internet access also in rural areas where traditional technology is not available. EOLO relies on a wholly owned infrastructure which is totally independent from other Italian telco companies. The infrastructure uses wireless radio repeaters which transmit the signal in 13 Italian regions. The services provided through EOLO are aimed at both consumer and corporate markets and the broadband speeds reach up to 1 Gb/s. EOLO's HQ is located in Busto Arsizio (close to Malpensa International Airport), in a 13,000 sqm campus where over 300 employees work. EOLO is a privately owned company entirely based on Italian investments. For further information visit www.eolo.it
Intracom Telecom is a global telecommunication systems and solutions vendor operating for 40 years in the market. Intracom Telecom innovates in the areas of small-cell backhaul, wireless transmission and broadband wireless access and has successfully deployed its industry leading point-to-point and point-to-multipoint packet radio systems worldwide. Moreover, the company offers a competitive portfolio of revenue-generating telco software solutions and a complete range of ICT services, focusing on big data analytics, converged networking and cloud computing for operators and private, public and government clouds. The company invests significantly in R&D developing cutting-edge products and integrated solutions that ensure customer satisfaction. Over 100 customers in more than 70 countries choose Intracom Telecom for its state-of-the-art technology. The company operates subsidiaries in Europe, Russia and the CIS, the Middle East and Africa, Asia and North America.