Silver Spring Networks Applauds CEPT Outcome to Free Up Additional Radio Spectrum in Europe
February 10 2014 - 4:05PM
Business Wire
48 European Countries Cleared to Use 870-875.6
MHz for Wireless Mesh Machine-to-Machine Networks
Silver Spring Networks, Inc. (NYSE: SSNI),
a leading networking platform and solutions provider for
smart energy networks, today expressed its support for the CEPT’s
framework for members to rationalize spectrum use at 870-875.6 MHz
within European countries. Within the CEPT framework, 5.6 MHz of
spectrum (870-875.6 MHz) has been allocated for use by systems such
as “Metropolitan and Rural Area Networks (MRANS),” also widely
known as wireless mesh machine-to-machine (M2M) networks. CEPT is
the organization that represents the national regulatory
authorities (NRAs) of 48 European countries.
“We take for granted the everyday use of wireless WiFi and
Bluetooth, but these technologies and their immense societal value
came about because of the wisdom to make the 2.4 and 5.8 GHz bands
license exempt (i.e., unlicensed),” said James Pace, Managing
Director of European Markets, Silver Spring Networks. “Likewise, we
believe the release of license exempt sub-GHz spectrum will unlock
billions of Euros in value for the widespread deployment of many
M2M solutions, whose business cases are often broken when licensed
spectrum technologies are the only option.”
“This is an important step in rationalizing cross-border
spectrum use and helping further ensure the reliable and secure
implementation of large-scale M2M networks across Europe,” Mr. Pace
continued. “We are currently deploying our technology in a number
of European countries and we look forward to continuing to help our
customers realize the benefits of increasingly advanced smart grid
and smart city networks.”
The CEPT’s designation of additional license exempt spectrum for
M2M is the first step in the release of spectrum for broad
commercial use across Europe. With the framework now in place,
individual CEPT member countries can now proceed to allocate
spectrum for use in a variety of machine-to-machine, smart grid,
and smart city wireless networks, among others. The market
certainty provided by this decision and corresponding standards
will help result in cost effective radio implementations of benefit
to all European citizens.
About Silver Spring Networks
Silver Spring Networks (NYSE: SSNI)
is a leading networking platform and solutions
provider for smart energy networks. Silver Spring’s pioneering IPv6
networking platform, with over 18 million Silver Spring enabled
devices delivered, is connecting utilities to homes and businesses
throughout the world with the goal of achieving greater energy
efficiency for the planet. Silver Spring’s innovative
solutions enable utilities to gain operational efficiencies,
improve grid reliability, and empower consumers to monitor and
manage energy consumption. Silver Spring Networks’ customers
include major utilities around the globe such as Baltimore Gas
& Electric, CitiPower & Powercor, Commonwealth Edison, CPS
Energy, Florida Power & Light, Jemena Electricity Networks
Limited, Pacific Gas & Electric, Pepco Holdings, Progress
Energy and Singapore Power, among others. To learn more, please
visit www.silverspringnet.com.
Forward-Looking Statements
This press release contains forward-looking statements about the
benefits of the CEPT unlicensed spectrum recommendation, and the
impact on Silver Spring Networks and its European customers.
Statements including words such as "anticipate", "believe",
"estimate", "expect" or “future” and statements in the future tense
are forward-looking statements. These forward-looking statements
involve risks and uncertainties, as well as assumptions, which, if
they do not fully materialize or prove incorrect, could cause our
results to differ materially from those expressed or implied by
such forward-looking statements. The risks and uncertainties
include those described in Silver Spring Networks' documents filed
with or furnished to the Securities and Exchange Commission. All
forward-looking statements in this press release are based on
information available to Silver Spring Networks as of the date
hereof. Silver Spring Networks assumes no obligation to update
these forward-looking statements.
Silver Spring NetworksNoel Hartzell, 650-839-4184Global
Communicationsnhartzell@silverspringnet.com
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