FiberTower Invests in PHAZR, Millimeter Wave Technology

June 17, 2016

June 22, 2016 — PHAZR and FiberTower have announced a partnership focused on developing high-speed 5G millimeter wave systems where FiberTower will participate in the initial round of funding along with iTimeFund and other investors. The PHAZR 5G-type systems will be capable of 16 gigabits per second per cell over FiberTower’s wide area licenses.

“The FiberTower investment will help PHAZR accelerate the deployment of its 5G technology for gigabit-per-second mobile and fixed access system utilizing mmWave bands between 24GHz and 39GHz,” said Pulin Patel, PHAZR board member from iTimeFund. In conjunction with its investment in PHAZR, FiberTower will also create the Technology Advisory Committee to its board of directors led by PHAZR CEO Farooq Khan.

“The ability to utilize FiberTower’s long-standing deployment capabilities and relationships across industry sectors, combined with FiberTower’s millimeter wave licenses, represents a unique and actionable opportunity to swiftly bring PHAZR’s solutions to the marketplace,” said Khan.

PHAZR’s millimeter wave system, which will be available in 2017, will be one of the industry’s first integrated, high-power, commercial, millimeter wave antenna array. At peak rates the system is expected to deliver 16 Gbps throughput per cell over a 200 MHz channel block, which will be an industry-first for these exclusively-licensed bands. Prototype equipment is expected to be available in 4Q 2016.