|[January 22, 2013]
Siklu Triples its Revenues in 2012, Powering Company to E-Band Leadership
PETACH TIKVA, Israel --(Business Wire)--
With sales of its EtherHaul
system seeing triple-digit percentage growth in 2012, Siklu
has moved into a clear leadership position in the E-band millimeter wave
market, the company announced today.
Siklu sold more than 5,000 EtherHaul units in 2012, winning several key
service provider and operator contracts, along with steady growth in its
private network sales. The company has also seen its equipment become
the leading gear in operator and service provider trials in the course
of the past year. With a total of more than 7,000 units deployed, Siklu
has achieved industry leadership through its field-proven, highly
reliable, carrier-grade technology.
Siklu's EtherHaul, operating in the licensed E-band spectrum, is ideal
for shorter-distace, high-bandwidth connections. Its proven reliability
and technology excellence have powered its tremendous sales growth,
aided by the fact that EtherHaul's truly innovative all-silicon design
enables a price point as low as one-third that of competitors'
offerings. EtherHaul is now operating in scores of operator and
enterprise networks in Europe and North America.
Itzik Ben-Bassat, Siklu CEO, noted that Siklu has won half a dozen
recent service provider contracts across Europe, from Russia to Ireland.
Currently, EtherHaul is short-listed in several other pending Tier 1
service provider contracts.
"As impressive as our sales figures and triple-digit growth may be, they
don't tell the whole story," Ben-Bassat said. "We have also devoted
great effort to be sure Siklu is well positioned for what we see as the
E-band mass market inflection point, which we expect in 2013.
"As the proven price-performance leader, we have a full product
offering. Along with our E-band, FDD and TDD (frequency division and
time division duplexing), systems and antennas, Siklu offers the
smallest form factor V-band products, leading the path to small cell
backhaul deployments. We are essentially a one-stop millimeter wave
Siklu will be exhibiting at Mobile World Congress (News - Alert) February 25-28 in
Barcelona, where it will showcase both the EtherHaul-600 and its
EtherHaul millimeter wave systems in Hall 5, Stand 5H70.
Siklu builds gigabit millimeter-wave wireless backhaul solutions over
the 70-80 GHz E-band and 60 GHz V-band. Based on a unique all-silicon
design that reduces price and increases reliability, Siklu's radios are
ideal for LTE (News - Alert) macro and small cell backhaul, fiber extension and
business service delivery. The field-proven radios are the top choice of
tier one operators for gigabit backhaul worldwide, and thousands of
units have been deployed and are operating reliably in all weather
conditions. Serving the needs of service providers around the world,
Siklu Communication is based near Tel Aviv, Israel. Learn more at www.siklu.com.
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