Parallel Wireless bags Leading Lights Award for Most Innovative Mobile Product

Parallel Wireless’ Unified 2G/3G/4G/5G software has won the prestigious Leading Light Award for Most Innovative Mobile/wireless Product or Service for 2019. The product has been chosen for enabling Open Radio Access Network (RAN) through complete decoupling of hardware and software functionality. 

The award recognizes companies for developing a potentially market-leading product that has enabled the launch, deployment or creation of innovative, profitable mobile/wireless services (4G/WiFi/unlicensed) during the past year.

For mobile network operators, RAN has always been the most significant expense accounting for 60% of capital expenditure and 65% of their operational cost. The migration to the next generation (from 2G to 3G, 4G or 5G) requires a complete replacement of RAN, becomes a costly process.

Parallel Wireless’ Unified Software Platform addresses this issue and results in massive cost saving for telecom companies. The solution gives operators the ability to deploy and maintain any and all generations of mobile networks in a unified, simplified, and cost-effective way.

 The solution has been acknowledged and awarded for connecting the unconnected living in difficult terrains, like the people in North Canada, and Latin America, for which it won Small Cell Award 2018 for Excellence.

“We are proud and thrilled to win Leading Lights Award 2019 for Most Innovative Mobile/Wireless Product. The software-based approach for older Gs is unheard of because the original design makes it tough to reconfigure legacy 2G and 3G networks to support newer communications standards, such as 4G, and eventually 5G. Our Open Compute model is now disrupting the telecoms space, and mobile operators are moving away from proprietary hardware to a virtualized network architecture. The Leading Lights Award is a testimony to this success,” says   Rajesh Mishra, Co-founder, President and CTO, Parallel Wireless.