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AUSTIN, Texas - Aviat Networks, Inc. (NASDAQ:AVNW), a wireless solutions provider with a market capitalization of $291 million and 6.5% revenue growth in the last twelve months, announced Monday a partnership with Intracom Telecom to deliver Fixed Wireless Access technology utilizing 28 and 39 GHz millimeter wave bands that comply with FCC requirements for 5G use.
The partnership will initially target select North American service providers, offering an alternative to fiber installations with comparable performance but reduced cost and deployment time. The solution aims to address growing demand for multi-Gigabit consumer and enterprise 5G connectivity. According to InvestingPro analysis, Aviat Networks appears undervalued based on its Fair Value metrics, with analysts setting price targets suggesting significant upside potential.
According to the press release statement, Intracom Telecom’s WiBAS G5 platform can deliver over 22Gbps from a single base station site at distances up to 5 miles using Multi-User MIMO and Hybrid Massive Beamforming technologies.
"Wireless can be deployed rapidly and cost effectively, and is perfectly suited to support high speed connectivity combined with excellent reliability," said Pete Smith, CEO of Aviat Networks. InvestingPro data reveals that the company is expected to maintain profitability this year, with net income growth projected. Subscribers can access 7 additional ProTips and comprehensive financial analysis through the Pro Research Report.
As part of the arrangement, Aviat will provide software solutions alongside design, planning, deployment and support services through its North American operations.
Kartlos Edilashvili, CEO of Intracom Telecom, noted that the partnership would help "U.S. operators accelerate broadband expansion and deliver a true multi-gigabit experience."
The companies indicated that the WiBAS G5 platform is currently the only commercially available point-to-multipoint FWA solution operating in these specific mmWave bands.
Aviat Networks specializes in wireless transport and access solutions with systems sold in 170 countries, while Intracom Telecom has operated in the technology systems market for over 45 years with a presence in North America since 2001. The company maintains a healthy current ratio of 1.64 and has demonstrated strong revenue growth with a 5-year CAGR of 13%.
In other recent news, Aviat Networks reported its fourth-quarter 2025 earnings, exceeding expectations with an earnings per share (EPS) of $0.83, significantly above the projected $0.5567. This marks a 49.09% surprise in EPS. However, the company’s revenue slightly underperformed, totaling $115.3 million compared to the anticipated $116.95 million. In addition to the earnings announcement, Aviat Networks introduced a new LTE 5G router solution designed for deployment in law enforcement and emergency services vehicles. This new offering includes ruggedized Aprisa LTE 5G routers and is compatible with major carriers like Verizon, AT&T, and T-Mobile. Analyst firm Citizens JMP maintained a Market Outperform rating for Aviat Networks, setting a price target of $30.00. These developments highlight Aviat Networks’ recent strategic initiatives and financial performance.
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