MTI Wireless Edge - Contract win
We believe that we are at the early stage of a global upgrade of cellular network infrastructure to 5G. It is widely expected that companies such as Apple and Samsung will launch handsets in 2020 that will include 5G connectivity, and network operators will respond by rolling out higher bandwidth 5G services to their customers. This presents a major opportunity for MTI's dual band antennas as operators will need to increase the backhaul connectivity between cell towers to deliver these faster services."
For further information please contact:
Moni Borovitz, CEO http://www.mtiwirelessedge.com
Nick Naylor, Alex Brearley (Corporate Finance)
Guy McDougall (Equity Sales)
Novella (Financial PR) +44 20 3151 7008
Headquartered in Israel, MTI is a technology group focused on comprehensive communication and radio frequency solutions across multiple sectors through three core divisions:
MTI is a world leader in the design, development and production of high quality, state-of-the-art, and cost-effective antenna solutions including Smart Antennas, MIMO Antennas and Dual Polarity Antennas for wireless applications. MTI supplies antennas for both military and commercial markets from 100 KHz to 90 GHz.
Internationally recognized as a producer of commercial off-the-Shelf and custom-developed antenna solutions in a broad frequency range, MTI addresses both commercial and military applications.
MTI supplies directional and omnidirectional antennas for outdoor and indoor deployments, including smart antennas for WiMAX, Broadband access, public safety, RFID, base stations and terminals for the utility market.
Military applications include a wide range of broadband, tactical and specialized communication antennas, antenna systems and DF arrays installed on numerous airborne, ground and naval, including submarine, platforms worldwide.
Water Control & Management Division
Via its subsidiary,
As Motorola's global prime-distributor Mottech serves its customers worldwide through its international subsidiaries and a global network of local distributors and representatives. With over 25 years of experience in providing customers with irrigation remote control and management, Mottech's solutions ensure constant, reliable and accurate water usage, while reducing operational and maintenance costs. Mottech's activities are focused in the market segments of agriculture, water distribution, municipal and commercial landscape as well as wastewater and storm-water reuse.
Via its subsidiary,
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Quick facts: MTI Wireless Edge Limited
Market Cap: £42.06 m
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