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Tarana Announces Appointment of Hubert de Pesquidoux to Board of Directors
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags
management
Rhea-AI Summary
Tarana announced the addition of Hubert de Pesquidoux to its board of directors, enhancing its leadership team with his extensive experience in telecommunications. Currently an executive partner at Siris Capital and Executive Chairman at Mavenir, Pesquidoux has held key roles such as CFO of Alcatel-Lucent. His insights on Tarana's G1 platform suggest a strong market entry and significant growth potential. CEO Basil Alwan emphasized that Pesquidoux's operational expertise will be vital as Tarana aims to scale its business globally.
Positive
Hubert de Pesquidoux brings extensive telecommunications experience to Tarana's board.
Expectations for strong growth due to the G1 platform's market entry timing.
Rapid growth with half a million households passed in six months.
Negative
None.
MILPITAS, Calif.--(BUSINESS WIRE)--
Tarana announced today the addition of Hubert de Pesquidoux to its board of directors.
Currently an executive partner at the private equity firm Siris Capital and Executive Chairman of the Board of Mavenir, Mr. Pesquidoux brings a wealth of experience at global scale across multiple telecommunications segments to Tarana’s board. His prior roles include CFO of Alcatel-Lucent, President and CEO of Alcatel North America, and senior board positions at Tekelec, Radisys, and Sequans.
Mr. Pesquidoux commented, “Breakthrough companies like Tarana are uncommon in part because of the material time, effort, and deep skills required to re-think and fully address challenging problems from first principles, as they’ve done. The market entry timing of Tarana’s G1 platform couldn’t be better, and their rapid growth out of the gate this year proves they’ve introduced a compelling solution. The large reductions in cost and time to ramp service it enables will make Tarana’s platform an essential tool in the global quest to close the digital divide.”
Basil Alwan, CEO and Executive Chairman of Tarana, added, “We are pleased to welcome Hubert to our team as we evolve Tarana from a breakthrough technology effort into a quickly-growing company with significant impact across the broadband market. Hubert’s operational and financial expertise in Tarana’s core segments along with his strong international credentials will be highly valuable as we scale our business globally.”
For more information on the company and its game-changing G1 platform, feel free to register for its webinar with Light Reading on October 6th, entitled “Fixed Wireless, Finally Fixed,” featuring senior executives from early-adopter customers MTN, British Telecom, and Wisper Internet reporting on G1’s performance and impact on their businesses.
About Tarana
Tarana Wireless, Inc. is the industry’s performance leader in fixed wireless access network solutions, powered by a number of well-proven breakthroughs in perfect, multidimensional optimization of radio signals. Its G1 fixed access system overcomes previously insurmountable network economics challenges for service providers in both mainstream broadband and underserved markets, using free unlicensed spectrum. Commercial deployments of G1 have exploded from zero to half a million households passed in its first six months of production. The company is headquartered in Milpitas, California, with additional research and development in Pune, India. Visit https://www.taranawireless.com for more information.
Who is Hubert de Pesquidoux and what is his role at Tarana?
Hubert de Pesquidoux is an executive partner at Siris Capital and Executive Chairman of the Board of Mavenir, now serving on Tarana’s board of directors.
What is the significance of the G1 platform for Tarana?
The G1 platform aims to close the digital divide by providing significant cost and time reductions for broadband service deployment.
How many households has Tarana's G1 platform reached recently?
Tarana's G1 platform has passed half a million households within its first six months of commercial production.
What experience does Hubert de Pesquidoux bring to Tarana?
Pesquidoux has extensive experience in telecommunications, having held senior roles at Alcatel-Lucent and other industry leaders.
What impact is expected from the addition of Pesquidoux to the board?
His operational and financial expertise is expected to help Tarana scale its business globally.
Sequans Communications S.A. American Depositary Shares (each representing ten (10) Ordinary Shares)
