T-Mobile invest in femtocell vendor Ubiquisys
T-Mobile Venture Fund today announced that
it has made a strategic investment in Ubiquisys, joining Google and original
investors Accel Partners, Atlas Venture and Advent Venture Partners.
Femtocells are small consumer devices the size of a paperback book that connect
to the home broadband connection. Mobile users benefit from excellent,
high-speed 3G coverage using their existing handset, as well as low-cost voice
and data services in the home. Femtocells also allow operators to more
effectively bundle mobile and fixed broadband services, and to differentiate
themselves by offering a new generation of web 2.0 mobile applications based on
home presence and sharing data with the home network.
The Ubiquisys femtocell is currently in mass production with Sony Technium.
These units are being used by Ubiquisys’ partners such as Nokia Siemens Networks
and NEC, to satisfy operator trials worldwide including T-Mobile. This strategic
investment supports the drive towards the first commercial launches, anticipated
towards the end of 2008.
“Femtocells are fundamental to the future of mobile. They solve the coverage
dilemma whilst lowering costs for operators and consumers alike. They pave the
way for new mobile services that put the mobile phone at the centre of the
connected home, and allow operators to offer improved fixed broadband + mobile
bundles.” said Axel Kolb, Fund Manager, T-Mobile Venture Fund. “We identified
Ubiquisys as the clear leader in this space, with an innovative product, a
strong deployment ecosystem, and unique software to enable femtocell-ready
applications.”
“Femtocells seamlessly join-up mobile phones, home networks and broadband
internet for the first time. They also offer mobile operators a completely new
method for deploying new network technologies,” said Chris Gilbert, CEO of
Ubiquisys. “We are delighted to have the support of one of the industry’s most
prominent venture groups, a company that shares our view of how of femtocells
can revolutionize the mobile experience.”
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