DragonWave (DRWI) Looks To Win Verizon, AT&T Network Upgrade Business
Tweet
Share
E-mailGet Alerts DRWI Hot Sheet
Join SI Premium – FREE
DragonWave (Nasdaq: DRWI) CEO Peter Allen said his company has a good chance to win business from the largest U.S. wireless companies this year, according to a report from Bloomberg.
DragonWave is talking with Verizon Wireless (NYSE: VZ) and AT&T (NYSE: T) about providing them with microwave radio products that link transmission towers to their ground networks as the two look to upgrade their networks.
Last quarter, Clearwire accounted for 82% of DragonWave's sales as it builds out its 4G network. Now Verizon Wireless and AT&T may choose a supplier in the first half for their networks, Allen said.
Harris Stratex Networks Inc. (Nasdaq; HSTX) and Ceragon Networks (Nasdaq: CRNT) are two DragonWave competitors that could also be bidding for the deals with the two wireless giants.
DragonWave is talking with Verizon Wireless (NYSE: VZ) and AT&T (NYSE: T) about providing them with microwave radio products that link transmission towers to their ground networks as the two look to upgrade their networks.
Last quarter, Clearwire accounted for 82% of DragonWave's sales as it builds out its 4G network. Now Verizon Wireless and AT&T may choose a supplier in the first half for their networks, Allen said.
Harris Stratex Networks Inc. (Nasdaq; HSTX) and Ceragon Networks (Nasdaq: CRNT) are two DragonWave competitors that could also be bidding for the deals with the two wireless giants.
You May Also Be Interested In
- Verizon readies for Tropical Storm Lala; Offers tips for Hawai’i residents and businesses
- This name offers one of the strongest profiles in copper, gold, and lithium mining
- Applied Materials earnings preview: Analysts see beat-and-raise potential
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
