Industry’s First Multi-Hop Integrated Access and Backhaul (IAB) Solution Significantly Reduces Costs of 5G Wireless Network Deployments in mmWave Spectrum
Chelmsford, Massachusetts., February 2, 2023 /PR Newswire/ — Bellana Networksthe developer of innovative 5G radio access network (RAN) solutions for the mmWave spectrum, today announced that it will conduct a field trial of its breakthrough 5G mmWave integrated access and backhaul (IAB) solution with Verizon. Announced.
Verana’s mmWave 5G small cells can continue to provide 5G access to smartphones and fixed wireless access (FWA) devices while providing wireless backhaul to other Verana 5G small cells. Verana’s scalable multi-hop IAB solution reduces the number of fiber backhaul links required to build mmWave 5G networks by more than 90%, increasing flexibility in site selection and speed of network deployment while reducing capital expenditures and operations. Reduce costs.
“Millimeter wave spectrum is abundant and cheap, but using this spectrum to provide 5G coverage is prohibitively expensive today.” Vedat Eyuboglu, CEO, and co-founder of Verana Networks. “To transform the economics of mmWave 5G deployments, Verana has launched mmWave 5G with integrated multi-hop wireless self-backhaul and several other innovations that optimize system cost, power consumption, and performance. We are building RAN solutions and working with Verizon, this vision is a reality.”
“MMWave spectrum is the cornerstone of Verizon’s 5G Ultra Wideband service, providing faster, larger bandwidth for streaming, gaming and connectivity at home and at work. Bill Stone, Vice President of Technology and Planning at Verizon. “Verana’s multi-hop IAB solution promises to further enhance our 5G network performance. We look forward to trialing it to extend the reach of our 5G Ultra Wideband network.”
Verana offers a complete virtualized RAN solution. This includes 360o Covers both access and backhaul to reduce costs and simplify deployments. All Verana products are 3GPP and O-RAN compliant.
Verana has raised more than $43 million The company has invested in two rounds of venture capital since its inception in early 2020, including an investment from Verizon Ventures, Verizon’s corporate venture organization.
For more information about Verana Networks, please visit www.verananetworks.com. verananetworks.com Or follow the company on LinkedIn and Twitter @Verana_Networks.
About Verana Networks
Verana Networks builds innovative 5G radio access network (RAN) solutions for service providers and enterprises with access to licensed millimeter wave (mmWave) spectrum. Verana Networks is an experienced venture founded in 2020 by a team with a proven track record of developing innovative RAN products, from the world’s first all-IP 3G base station to pioneering residential femtocell and enterprise small cell solutions. It is backed by a capital firm and is headquartered in the United States. MassachusettsFor more information, please visit www.verananetworks.com.
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Source Verana Networks
