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DragonWave +33% on Canadian provider contract

Mar. 22, 2017 7:03 PM ETDragonWave-X (DRWI) StockBy: Jason Aycock, SA News Editor2 Comments
  • DragonWave (OTC:DRWI +1.9%) has jumped 33.3% after hours following word that Canadian provider Corridor Communication has chosen to implement its Harmony Enhanced MC backhaul offering.
  • That will boost capacity by more than threefold on the rural microwave network that CCI runs in Alberta.
  • The new radios replace existing DragonWave Horizon Compact radios, and offer the ability to deliver 1 Gbps uncompressed throughput in a single radio, and up to 2 Gbps per radio using the company's acceleration/compression features.

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