SOMA Networks Targeting Broadband To The Home Market in Latin America
Company To Discuss Industry’s Largest Mobile WiMAX System And Implications For The Region
Join SOMA Networks, Inc., (www.somanetworks.com) at the WiMAX Forum Congress Latin America 2008, BOOTH # 27, to learn about the company’s presence and initiatives in Latin America. The global WiMAX company, with headquarters in the US, is focused on bridging the digital divide in emerging markets using WiMAX technology. As a result, it has significant projects in Asia and Africa, along with a contract in India for the industry’s largest Mobile WiMAX system.
According to Frost & Sullivan, WiMAX penetration is expected to grow throughout the five major markets in Latin America (Argentina, Brazil, Chile, Colombia, and Mexico) at a compound annual growth rate of 97.7 percent through 2012. Latin America represents an ideal opportunity for SOMA to deliver multimedia Broadband to the Home (BTTH) services to businesses and consumers alike. The company recently opened a sales office in Sao Paulo and is in discussions with a number of regional carriers.
SOMA is a pioneer in bringing WiMAX technology to India. As the select operating partner with Bharat Sanchar Nigam, Ltd (BSNL), India’s state-owned and largest telecommunications provider, SOMA is helping India realize its “Vision 2010” to bring broadband services to the country’s underserved markets. Throughout this deployment, BSNL and SOMA will deliver a range of multimedia services to an area serving more than 200 million people.
SOMA has identified many similarities in the market needs of Latin America (i.e. low penetration of broadband to homes, SME's, medical and educational facilities) that can best be served by WiMAX technology. Based on expertise gained with the BSNL deployment, SOMA is well positioned to replicate this model in Latin America. By working in partnership with operators, SOMA Networks can quickly bring affordable high-speed, multi-media access to the region.
In addition to displaying the SOMA FlexMAX Mobile WiMAX System at the show, Jonathan Jaeger, SOMA’s Director of Corporate Strategy, will be hosting a speaker session on December 3 at 17:25, entitled, “Rural Communities Empowered: Strategies for Addressing the Digital Divide with WiMAX.
SOMA Networks, a principal member of the WiMAX Forum and Gold sponsor of WiMAX Forum Congress Latin America 2008, is helping people to access the world with WiMAX by offering communication providers the industry’s only fully converged, all-IP wireless multimedia application platform that accelerates time-to-market, minimizes risk, and reduces cost to deploy differentiated applications.
Visit SOMA Networks at WiMAX Forum Congress Latin America 2008, BOOTH # 27, at the Windsor Barra Hotel, Rio de Janeiro. For more information on SOMA Networks, its speaking engagement, or to schedule a briefing with one of its executives, please contact:
Adrienne Low
SOMA Networks, Inc.
alow@somanetworks.com
415.882.6524
Or
Jenny White
Citigate Cunningham for SOMA Networks
jwhite@citigatecunningham.com
916.984.6039
About SOMA Networks
SOMA Networks is a leading provider of Mobile WiMAX solutions. Focused on bringing broadband wireless access and advanced applications to the home, SOMA’s FlexMAX™ Mobile WiMAX and SoftAir™ Multimedia Application Systems provide a complete solution using an all IP-based architecture. SOMA technology enables service providers to drive revenue through value-added multimedia applications and services, delivering wireline performance over a broadband wireless infrastructure. SOMA is a principal member of the WiMAX Forum®, and its FlexMAX Mobile WiMAX System supports the 802.16e-2005 Mobile WiMAX standard. Deployed on five continents, SOMA is headquartered in San Francisco and has offices in Toronto, Ottawa, Delhi, and Singapore. Visit www.somanetworks.com for more information.
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