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Wireless

Tarana secures USD 30 mln from Prime Movers Lab, Liberty LatAm for FWA service

Wednesday 21 October 2020 | 13:57 CET | News
California-based fixed wireless specialist Tarana Wireless said it raised a further USD 30 million in preferred stock financing led by new investor Prime Movers Lab. Others participating in the round included new investors Liberty Latin America Ventures and Liberty Global Ventures, as well as individual and previous investors. Tarana said intends to use the proceeds to continue customer trials of its Gigabit 1 (G1) wireless broadband system and to prepare for and commence the commercial launch of its G1 products, designed to enable rapid deployment of new broadband services.

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Categories: Mobile & Wireless
Companies: Liberty Latin America / Tarana Wireless
Countries: Latin America / United States
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