Telefonica, a service provider, announced strategic
investment in Quantenna Communications, a provider of WiFi networking for whole
home entertainment.
The partnership enables Telefonica to access to the latest
Quantenna technology for the deployment of high performance video services to
the home.
Quantenna’s technology will be a core component of Telefonica’s growth strategy for IPTV deployments in Europe and Latin America.
New services with high interactivity, low latency and huge
bandwidth demands such as high definition video, plus the increasing
proliferation of connected devices in the home challenge today’s network
technologies.
As network operators start to roll out fibre services to
customers’ homes, capable of delivering speeds of up to 100 Mbps, there is a
looming bottleneck on the limited capabilities of current wireless technologies.
The investment in Quantenna has been led by Telefonica Ventures, a division of Telefonica Digital, with offices in Silicon Valley,
London, Madrid and Israel.
Quantenna has the networking expertise to bridge this
capability gap and allow high quality video to be deployed wirelessly to
multiple devices around the home.
Investing in up-and-coming technology companies is a core
part of the Telefonica Digital strategy as we look to build our capabilities in
order to succeed in the digital space,” said Matthew Key, chairman and CEO,
Telefonica Digital.
Quantenna’s Full-11n 5GHz chipsets uses the company’s
cost-optimized, third-generation 4×4 MIMO technology to deliver up to 600 Mbps
of bandwidth. The chipsets enable manufacturers to build products for
delivering IPTV and other video streaming and data distribution services
throughout the home over an ultra-reliable, high-performance Wi-Fi connection.
This strategic partnership and funding will enable us to
expand our product offering for carrier-grade wireless IPTV services globally,
as we continue to strengthen our industry-leading, 4×4 MIMO technology
leadership position,” said Sam Heidari, chief executive officer for Quantenna.
Through a combination of research and development,
partnership, investment and acquisition Telefonica Digital will bring products
and services to market that allow it to drive growth in the core
telecommunications market, as well as taking a leading role in new digital
services such as entertainment, financial services, M2M, cloud computing and
eHealth.
By Telecomlead.com Team