- Milestone Builds on Fastback's Success in
Serving the Needs of Tier One Network Operators and Supporting
Major North America Events Including the Super Bowl, U.S. Open and
College Sports -
DALLAS, Oct. 3, 2022
/PRNewswire/ -- COMSovereign Holding Corp. (NASDAQ: COMS)
("COMSovereign" or the "Company"), a U.S.-based developer of 4G LTE
Advanced and 5G Communication Systems and Solutions today announced
that following receipt of the required certifications from
Mexico's Federal
Telecommunications Institute (the Instituto Federal De
Telecomunicaciones or "IFT"), its Fastback AnyLOSä (Any Line
of Sight) IBR 1300 (Intelligent Backhaul Radio) is approved sales
to all tier one wireless carriers and private wireless network
operators in Mexico. The full
certification in Mexico follows
extensive testing and evaluation by the country's regulatory
agency.
Certification and the launch of Fastback radios in Mexico represents a major market expansion
opportunity for COMSovereign. Currently, Fastback radios are
deployed in tier-one wireless networks and by multiple
Communications Service Providers ("CSPs") in the United States and Canada where they enable operators to quickly
and economically add capacity to their networks. Fastback's
Non-Line of Sight (NLOS) technology overcomes many of the
limitations of traditional point-to-point radios, allowing
customers to quickly add capacity and respond to outages caused by
anything from simple fiber cuts to wide-spread natural disasters
such as hurricanes. Delivering high capacity, reliable bandwidth,
Fastback radios have also been chosen to support connectivity at
many of the largest sporting events including the Super Bowl, the
U.S. Open, College Athletics as well as multiple festivals and
concerts.
"The launch of Fastback in Mexico is the latest milestone in its long and
impressive history, one built on its ability to uniquely solve many
of the critical connectivity challenges faced by customers due to
unexpected outages or surges in bandwidth demand. Discussions with
multiple tier-one and other network operators in Mexico are already underway, with the first
deployment tests expected to commence later this month. Based upon
the feedback and interest we have already received, we believe that
Fastback's unmatched performance and reliability will prove an
attractive solution for Mexican tier-one network operators and
service providers of all sizes, just as it has with our existing
customers in the rest of North
America," said Dr. Dustin
McIntire, Chief Technology Officer at COMSovereign Holding
Corp.
About COMSovereign Holding Corp.
COMSovereign Holding
Corp. (Nasdaq: COMS) offers a portfolio of advanced communications
technology for connectivity across private and public networks.
Through its core strategic acquisitions and internal research and
development efforts, COMSovereign has built a U.S.-based
communications solution provider to deliver 4G LTE Advanced and
5G-NR telecom solutions to network operators, enterprises, and
governments. For more information about COMSovereign, please visit
www.COMSovereign.com.
Forward-Looking Statements
Certain statements in this
press release that are not historical facts are forward-looking
statements that reflect management's current expectations,
assumptions, and estimates of future performance and economic
conditions, and involve risks and uncertainties that could cause
actual results to differ materially from those anticipated by the
statements made herein. Forward-looking statements are generally
identifiable by the use of forward-looking terminology such as
"believe," "expects," "may," "looks to," "will," "should," "plan,"
"intend," "on condition," "target," "see," "potential,"
"estimates," "preliminary," or "anticipates" or the negative
thereof or comparable terminology, or by discussion of strategy or
goals or other future events, circumstances, or effects. Moreover,
forward-looking statements in this release include, but are not
limited to its ability to develop and deliver advanced voice and
data communications systems, demand for the Company's Fastback
product in Mexico, economic
conditions in the U.S. and worldwide. Further information relating
to factors that may impact the Company's results and
forward-looking statements are disclosed in the Company's filings
with the SEC. The forward-looking statements contained in this
press release are made as of the date of this press release, and
the Company disclaims any intention or obligation, other than
imposed by law, to update or revise any forward-looking statements,
whether as a result of new information, future events, or
otherwise.
Investor Relations for COMSovereign Holding Corp.:
Steve Gersten, Director of
Investor Relations
COMSovereign Holding Corp.
813-334-9745
investors@comsovereign.com
and
Media Relations for COMSovereign Holding Corp.:
Michael Glickman
MWGCO, Inc.
917-397-2272
mike@mwgco.net
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SOURCE COMSovereign Holding Corp.