Sanyo Markets Wireless Broadband
Sanyo Electric Co. announced it will begin marketing a wireless broadband communications system it has developed jointly with Soma Networks Inc., a U.S. venture business for broadband solutions. Sanyo will initially develop and produce transmitting and receiving equipment, ground stations and other devices for the system before providing the service of creating telecom systems. Sanyo has already won an order to supply a system to a telecom operator in the Cayman Islands.
The new system makes it possible to launch telecommunications services at a relatively low cost, Sanyo said, adding that it hopes to chalk up 30 billion yen in fiscal 2010 by selling the system to telecom companies in the United States, Europe and other markets.