xG Technology Responds to Recent AT&T Acquisitions
SARASOTA, Fla., Aug. 21, 2012 /PRNewswire/ — In recent months, companies within the wireless communication industry have debated over what some call the looming shortage of spectrum. Other companies, as well as the President’s Council of Advisors on Science and Technology, have suggested that the reports of a spectrum shortage are grossly exaggerated, perhaps even flat-out wrong. That has not prevented spectrum from becoming a precious commodity within the industry, however–something made clear by the recent announcement that AT&T will acquire spectrum from three different companies. The pending AT&T acquisition has drawn the attention of many companies within the wireless industry, including xG Technology.
The AT&T deal involves spectrum purchased from three corporate entities, including NextWave Wireless, Comcast, and a small Miami firm called Horizon Wi-Com. The deal’s value totals $600 million, paid by AT&T in cash.
This major development in the wireless world has warranted a comment from xG Technology, the innovative company that developed xMax technology. xG has responded to the AT&T acquisition with a new statement to the press.
“AT&T’s past attempt to purchase T-Mobile for its spectrum holdings and this more recent attempt to acquire NextWave for its spectrum holdings (the latter at a very large premium to the stock price), shows how valuable wireless spectrum is becoming in the U.S. and globally,” says xG Technology Vice President Rick Rotondo. “However, purchasing new spectrum is only a short-term and limited solution, since the supply of new spectrum not already in service is finite and diminishing rapidly.”
Rotondo continues by offering a longer-lasting alternative. “The real solution to the spectrum crisis is not just more spectrum, but using the spectrum we have more efficiently. This can be accomplished through cognitive (i.e. smart) radio technologies like xG’s xMax mobile broadband solution.”
The xG Technology statement continues with an assessment of the xMax technology. “xMax uses real-time spectrum sensing to find underused and available frequencies on a moment-by- moment basis, moving out of the way if another radio starts transmitting on those channels. It also incorporates patent-pending interference mitigation software that enables it to tolerate more inference, while offering more reliable connectivity than is possible with other wireless systems.”
Concludes the xG statement, “These innovations enable xMax to extract more bandwidth from existing frequencies and can be used to offload 3G and 4G systems. Clearly, xMax can go a long way to truly solving the looming spectrum crisis.”
xG Technology is one of the world’s premier developers of innovative wireless communication technologies. The company’s patented intellectual property portfolio includes a wide array of applications, including smart wireless networks that can help address the pending global spectrum shortage. xG Technology is the firm behind xMax, the first carrier-class cognitive (i.e. smart) radio network. xMax’s standards-based IP architecture reduces network deployment, management and operational expenses while also simplifying the delivery of fixed and mobile services. Based in the United States, xG has over 60 U.S. and more than 140 international patents and pending patent applications. For more information, please visit www.xgtechnology.com.
SOURCE xG Technology