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Mitec retreats from U.S., inks deal with Broadband Wireless

Mitec Telecom, a Canadian firm that designs and sells radio-frequency products for the telecom industry, is closing its U.S. operations in an attempt to return to profitability. The company also announced a strategic alliance with Reno, Nev.-based Broadband Wireless L.L.C. to create new coverage products for CDMA carriers.
Mitec, which is based in Montreal and operates a facility in China, will be closing its own offices in Reno. Mitec’s filter and system design capability will be combined with Broadband Wireless’ proprietary Multi-Carrier High-Power Amplifiers to create a new line of products to “address a growing demand from operators to solve a variety of coverage problems . [and] provide coverage that traditional base stations cannot solve,” according to the two companies.
Mitec has been struggling recently with declining financials. The company said in its most recently released results that it would work on improving its margins and streamlining costs.

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