Press release

Movandi, SOLiD and KT Leading the Adoption of O-RAN Alliance mmWave Platforms

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MWC Los Angeles 2019 Movandi, a privately held company with a mission to revolutionize 5G everywhere, and KT Corporation (KRX: 030200) (NYSE: KT), South Korea’s largest telecommunications company, announced today they will jointly demonstrate an O-RAN (Open Radio Access Network) 5G millimeter wave (mmWave) radio unit (O-RU). The technology combines essential building blocks for accelerating the development of 5G networks, by using open radio access network (O-RAN) architecture to increase flexibility for service providers.

Multi-party collaboration with Xilinx and SOLiD (the leading O-RAN solution provider) allowed KT to develop a 5G mmWave radio unit that uses Movandi’s BeamX technology, including RF front-end, antennas and software algorithms. Movandi’s high performance 5G mmWave solutions provide the flexibility, scalability and performance to meet the needs of the O-RAN Alliance communities and requirements across a complete range of installations and applications, meeting the needs of tier 1 operators.

“As the industry works toward the goal of 5G mmWave commercial networks, close collaboration among global mobile industry leaders and operators, such as KT, are necessary to prove that a radio unit can be built on an open architecture platform and solve today’s real world deployment challenges,” said Maryam Rofougaran, CEO and Founder, Movandi. “We are proud of our achievement with KT and look forward to further collaboration on the path to making 5G a commercial reality.”

Today’s high frequency 5G mmWave networks are filled with a myriad of technical challenges. Movandi and KT intersect these issues in 5G mmWave connectivity and plan to accelerate large-scale 5G commercialization, opening numerous new market opportunities and applications.

“KT has successfully developed 5G mmWave small cell technologies with Movandi and SOLiD,” said Sunwoo Lee, SVP and Head of Infra R&D Laboratory, KT. “We will continue to cooperate for open 5G ecosystems with domestic and global partners.”

Movandi’s Beam X RF front-end provides an optimal platform to build a wide range of radio configurations needed for 5G. Providing a modular, high performance design to support a broad range of 5G millimeter wave applications, simplifying the deployment of traditional base stations for macro base stations, small cells, and indoor deployments.

The O-RAN Alliance has committed to evolving radio access networks around the world. Open, standards-based network architectures with interoperable interfaces and off-the-shelf components enable mobile operators to address a diverse set of demands in support of new vertical market revenue opportunities. These opportunities are driven by smart cities, industrial automation, and connected cars among other vertical industries.

Demonstration at MWC Los Angeles 2019

Movandi and KT 28GHz O-RAN radio unit demonstration will be on display at Mobile World Congress in Los Angeles October 22-24, 2019 at the Movandi meeting room. To schedule a private demonstration or meeting, please contact info@movandi.com.

About Movandi

Movandi, a privately held company with a mission to revolutionize 5G Everywhere, was formed by some of today’s top leaders in wireless communications. Movandi is disrupting 5G by using a radically different approach that is yielding tremendous benefits over existing networks. 5G enables a transformation in wireless connectivity that offers orders of magnitude improvements in performance, coverage and latency. Movandi thinks differently and has built leading technology with a comprehensive portfolio of silicon, software and systems, producing millimeter wave systems that can be deployed more efficiently and achieve better performance over a wider range of deployment scenarios. Movandi is enabling a 5G connectivity fabric for innovation, which will bring the benefits of the internet to almost every industry, creating a vast opportunity for economic growth. www.movandi.com

About KT

KT Corporation, Korea’s largest telecommunications service provider, reestablished in 1981 under the Telecommunications Business Act, is leading the era of innovations in the world’s most connected country. The company is leading the 4th industrial revolution with high speed wire/wireless network and new ICT technology. KT launched the world’s first nationwide commercial 5G network on April 3, 2019, after successfully showcasing the world’s first trial 5G services at the PyeongChang Winter Olympic Games in February 2018. This is another milestone in KT’s continuous efforts to deliver essential products and services as it aspires to be the number one ICT Company and People’s Company. For more information, please visit our English website at https://corp.kt.com/eng/.

About SOLiD

SOLiD drives extreme edge connectivity through a portfolio of DAS, optical and IOT solutions to connect people, places and things in a fantastically connected world. SOLiD delivers distributed antenna systems, optical transport and IOT solutions across the globe. SOLiD enables indoor and outdoor cellular and public-safety communications at some of the world’s best-known and most challenging venues including leading hospitals; professional, and college sports venues; government, university and Fortune 500 corporate buildings and campuses; international airports and metropolitan subways; industrial and logistical facilities; and other high-profile sites. For further information on SOLiD DAS, Backhaul and Fronthaul, and IOT solutions visit www.solid.com/us or call 1-(888)-409-9997.