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Monday, 2 April 2012

Augere and Cybernet sign MOU

Cyber Internet Services (Cybernet) and Augere Pakistan have signed a Memorandum of 
Understanding (MOU) to explore mutual business opportunities including the provision of 
redundant connectivity to clients and enabling 4G LTE services in the future.

“This cooperation between our companies will enable Cybernet to strengthen its promise to deliver resilient connectivity to its enterprise clients. By accessing Augere’s robust and low latency network especially in many hard to reach and poorly served areas, Cybernet will be able to enhance the reach of its network and the diversity of its product portfolio.” said Iqbal Ali Lakhani, Chairman Lakson Group.
David Venn, Group CEO of Augere added, “The alliance between Augere,whose brand Qubee is the fastest growing consumer broadband service in Pakistan, and Cybernet, a market leader in the enterprise data connectivity segment, is a win-win situation for both organizations. We look forward to working closely with Cybernet and leveraging our collective assets to the ultimate benefit of Pakistani Internet users.
The company heads of both companies also discussed the potential for high bandwidth broadband in the country and the opportunities created for consumers and content producers with the introduction of 4G LTE technologies. Both organizations currently operate networks in the 3.5 GHz band which can be upgraded to support 4G LTE in the future.
The companies are also members of the Global TD-LTE Initiative (GTI) a virtual open platform to advocate cooperation among global operators to promote TD-LTE.
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