Cambium Networks Collaborates with QUILT and NODE Networks to Bridge the Digital Divide in Chicago
Rhea-AI Summary
Cambium Networks (NASDAQ: CMBM) has announced a strategic collaboration with QUILT, NODE Networks, TMA Technology Solutions, and ComEd to enhance digital equity in underserved communities across Chicago. The initiative, part of QUILT's Broadband Access for Brighter Futures Program, will deploy a 401-mile fiber network across Cook County and Chicago's South and West Sides, benefiting over 440,000 households.
The project will utilize ComEd's middle-mile infrastructure and Cambium Networks' technology, including cnWave 60 GHz, Enterprise Wi-Fi, cnMatrix Ethernet Switches, and XGS PON, to create a cost-effective hybrid-fiber solution. This approach aims to reduce deployment costs, expedite implementation, and significantly close the digital divide in the area.
Positive
- Collaboration with multiple partners to expand broadband access in underserved areas
- Potential to reach over 440,000 households in Chicago and Cook County
- Utilization of existing ComEd infrastructure to reduce costs and speed up deployment
- Implementation of Cambium's ONE Network solution for efficient network management
Negative
- None.
News Market Reaction 1 Alert
On the day this news was published, CMBM gained 1.73%, reflecting a mild positive market reaction.
Data tracked by StockTitan Argus on the day of publication.
Collaboration Aims to Increase Access to Affordable High-Speed Broadband in Underserved Communities Benefitting Over 440,000 Households
ComEd will provide access to its extensive middle-mile infrastructure benefiting 24 communities and over 440,000 households. NODE Networks will utilize this infrastructure to deliver last-mile connectivity, leveraging Cambium Networks' cnWave 60 GHz, Enterprise Wi-Fi, cnMatrix Ethernet Switches and XGS PON to create a hybrid-fiber solution. This approach aims to reduce deployment costs, expedite implementation, and significantly close the digital divide.
This team effort highlights the transformative power of strategic partnerships in addressing critical infrastructure needs and promoting digital inclusion. By leveraging the combined strengths of Cambium Networks, ComEd, QUILT, and NODE Networks, this project is set to make a lasting impact on
"This initiative is a testament to our core corporate values and commitment to ensuring every community has access to reliable, high-speed internet," said Morgan Kurk, President and CEO of Cambium Networks. "By partnering with QUILT, NODE Networks, and leveraging ComEd's infrastructure, we are poised to deliver cutting-edge connectivity solutions that will drive economic growth and improve the quality of life for thousands of families."
"Digital equity is not just about access to the internet; it's about access to opportunities. This initiative is a crucial step towards leveling the playing field for underserved communities in
More Information
The project will leverage 401 miles of fiber, covering key regions in
Cambium Networks' technology will provide a cost-effective hybrid-fiber solution that enhances network performance and reliability. This technology is designed to support high-speed broadband, making it possible to deliver seamless digital experiences in previously underserved areas.
With Cambium's ONE Network solution, all network elements are deployed and managed from a single platform. cnMaestro™ Network Management offers a cohesive and efficient management experience for Cambium's ONE Network and includes multi-tenancy to enable managed service providers to scale across many customers.
About Broadband Access for Brighter Futures
Broadband Access for Brighter Futures is a community-driven initiative aimed at closing the digital divide in
About Cambium Networks
Cambium Networks enables service providers, enterprises, industrial organizations, and governments to deliver exceptional digital experiences and device connectivity with compelling economics. Our ONE Network platform simplifies management of Cambium's wired and wireless broadband and network edge technologies, allowing customers to focus more on managing their business rather than the network. We make connectivity that just works.
About QUILT
QUILT is a 501(c)(3) nonprofit organization dedicated to closing the digital divide in underserved communities. Through innovative programs, strategic partnerships, and community engagement, QUILT works to provide equitable access to technology, broadband connectivity, digital literacy, and workforce development training. QUILT's mission is to empower individuals and families by enhancing their access to educational, economic, and social opportunities in the digital age.
About NODE Networks
NODE Networks provides communications infrastructure services, including fiber and bandwidth connectivity, colocation, and cloud infrastructure. Focused on underserved communities, NODE Networks offers scalable broadband solutions to help close the digital divide. The company's expertise in last-mile connectivity and innovative technologies ensures reliable, affordable internet access, supporting digital inclusion and community empowerment.
About TMA Technology Solutions
TMA Technology Solutions is a provider of cutting-edge business technology solutions and services. We encompass more than 30 years of experience in the industry offering reliable, dependable and scalable solutions for businesses of all sizes. TMA serves clients at every level of their organization, in a multitude of capacities where we can be most useful, whether as a trusted advisor to top management or as a hands-on coach for front line employees. For every engagement, we assemble a team with the most appropriate experience and expertise.
About ComEd
ComEd is a unit of
For more information, please contact:
Media Contact:
pr@cambiumnetworks.com
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SOURCE Cambium Networks