Harris StratexRSS

Harris Stratex eyes Obama’s $7.2bn broadband fund

Harris Stratex eyes Obama's $7.2bn broadband fund

Harris Stratex, a backhaul specialist and WiMAX RAN supplier, believes it will be a main beneficiary of President Obama’s $7.2bn broadband stimulus package. Aimed at extending high-speed connectivity to rural communities in the US, the $7.2bn fund has a ‘Buy America’ provision attached to it, as has President Obama’s entire fiscal stimulus package across different industry sectors, which is worth around $800bn in total.

Harris Stratex bags Telsima in $12m deal

After weeks of speculation, backhaul specialist Harris Stratex Networks has finally announced it will acquire US-based WiMAX kit maker Telsima. Under the terms of the deal, Harris will pay $12m in cash over the next 12 months to purchase the WiMAX supplier, which manufactures both 802.16d and 802.16e kit.