Cambridge Broadband Networks Expands and Consolidates Production (03/09/2008)
VectaStar Mobile Broadband Backhaul Solution revenues growing rapidly
Cambridge, UK - 3rd September 2008 - Cambridge Broadband Networks Limited, thepioneering microwave backhaul vendor today announced that it is expanding its production &fulfilment capacity and consolidating those operations in China. Dramatically increasing demand for Cambridge Broadband Network’s ‘VectaStar’ solutions, driven by accelerating growth in mobile data services, has led to a requirement for additional manufacturing capacity. The new centralised facilities will enable the company to meet that worldwide demand.
“Business is booming for VectaStar with individual orders typically exceeding $1Million,” said
Graham Peel, CEO of Cambridge Broadband Networks Limited. “Our revenues have more
than doubled in 2008 compared to last year and we are always looking for ways to improve
our competitiveness and meet the increasing needs of our customers. Making the transition to
high-volume manufacture and fulfilment in China ensures that we will be able to deliver
VectaStar faster and in ever increasing volume.”
“We are now producing in a single month what we once produced in a full year and demand is
accelerating. Expanding the Chinese facilities gives us the opportunity to meet that demand
and to benefit from the economies of scale required to maximise our opportunity in what is a
global market,” added Peel. “We have developed and delivered a leading backhaul technology thanks to the high-technology skill-set present in the Cambridge region and we continue to invest in our Cambridge HQ, but we cannot efficiently manufacture the highvolumes needed in the UK. Cambridge Broadband Networks’ strength is in its intellectual property and development expertise and we can now fully exploit those qualities by focusing on the development of our next generation of backhaul products.”
Media contacts
For more information about any of the issues in this press release, please contact:
Nicola Garvin/David Bell, Babel PR
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About Cambridge Broadband Networks
Cambridge Broadband Networks provides telecommunications operators with carrier-class
wireless point-to-multipoint transmission equipment. The company’s unique approach to
backhaul means that its technology provides operators with a highly compelling business
case, reducing backhaul costs by up to 60%. To date, Cambridge Broadband Networks
products have been commercially deployed and technically proven in more than 30 countries,
and the company continues to expand into new geographical markets as wireless networks
become more widespread throughout the world. Privately-held, Cambridge Broadband
Networks has headquarters in Cambridge, UK, with offices in Malaysia and South Africa and
manufacturing facilities in China and the UK.