LocaLoop Partners with Runcom to Deliver Affordable Broadband Internet To Rural Users

Wireless News
03-30-2011
LocaLoop Partners with Runcom to Deliver Affordable Broadband Internet To Rural Users
Type: News

Twin Cities-based LocaLoop, Inc. a company focused on low-cost wireless Broadband Internet service for underserved and rural markets, and Israeli-based Runcom Technologies, a developer of 4G Broadband communications products and services for cellular phone networks, announced a global Strategic Marketing and Technology Agreement.

Under terms of the agreement, the Company said Runcom is adapting its 4G network hardware to improve economics in serving low density markets and will become LocaLoop's supplier for 4G network equipment. LocaLoop is combining its patented cloud technology business management Software-as-a-Service (SaaS) platform with Runcom's 4G equipment. LocaLoop is now marketing this turnkey solution to its Broadband Internet service provider customers. This combined solution enables deployment in underserved rural markets for both fixed and mobile applications, starting in the nine-state region of the upper Midwestern U.S.
"Today's announcement is much more than a marketing and technology agreement," said Carl-Johan Torarp, LocaLoop founder and CEO. "LocaLoop's 'pay as you grow' network and business management software for wireless Broadband Internet operators and Runcom's leadership in 4G network hardware complement one another perfectly. Together we are able to deliver a powerful turnkey 4G wireless network solution with capabilities that we could not achieve individually. This combination creates a uniquely competitive advantage, not available before."

"This strategic alliance with LocaLoop accelerates our U.S. market penetration and strengthens our technology and price performance capabilities as we participate in the largest and most competitive market in the world," said Moshe Levinson, Runcom Technologies CEO.

LocaLoop was founded by Carl-Johan Torarp with the vision of creating a mobile broadband wireless solution for mainstream users both in their homes and on the go.

Runcom Technologies Ltd. was founded by Dr. Zion Hadad, a telecommunications industry technology company with experience in the development of military and commercial communication systems.

More information:

www.localoop.com

www.runcom.com

((Comments on this story may be sent to newsdesk@closeupmedia.com))

Copyright 2011 Close-Up Media, Inc. All Rights Reserved.
n/a