Ottawa, Ontario, Monday, January 27, 2020 – Calian Group Ltd. (TSX:CGY) has commenced deliveries of a new custom telecommunications product for a Tier 1 North American mobile operator.
The product comes as a result of research and development efforts undertaken by Calian’s Advanced Technologies segment over the past 16 months. The product enables the customer to maximize its use of existing spectrum assets and supports ongoing development and upgrade of its mobile network.
“This innovative product is further evidence of our capability to solve complex customer problems using our deep knowledge base in leading-edge, mixed-signal analog-digital product designs,” said Patrick Thera, VP, Advanced Technologies, Calian. “This marks our first deployment of telecom equipment for a Tier 1 mobile operator, demonstrating our ability to satisfy the demanding performance and certification requirements of such customers.”
“This significant milestone supports our customer diversification objectives and is the direct result of our exciting innovation agenda at Calian,” stated Kevin Ford, President and CEO, Calian. “Our program of targeted investment in research and development is yielding tangible, positive results with respect to our growth strategy.”
The multimillion-dollar commitment is expected to span multiple quarters, with current orders on hand included in Calian’s current year financial guidance.