Gaon Broadband Enters Canadian Market... "Leading the Wi-Fi 6E Market"
[Asia Economy Reporter Hyunseok Yoo] Gaon Broadband, a network solutions specialist, announced on the 2nd that it has signed a supply contract for XGS-PON (10Gigabit Symmetrical Passive Optical Network) gateways equipped with Wi-Fi 6E solutions with Canadian telecom operator Fibretel.
This product provides wired internet service with an uplink and downlink speed of 10Gbps using optical transmission technology. It is a new product supporting Wi-Fi 6E technology, known as "5G-level Wi-Fi." Users can enjoy ultra-high-speed wired and wireless internet with a single device.
In particular, Wi-Fi 6E expands the frequency band of Wi-Fi 6 to 6GHz, making transmission speeds at least twice as fast as existing Wi-Fi. It is essential infrastructure for augmented reality (AR) and virtual reality (VR) technologies required for real-time transmission of large-capacity data, such as the implementation of the Metaverse.
A company official stated, "By successfully entering the Canadian market, we are smoothly achieving our roadmap to expand into the North American market," adding, "Our leading sales efforts through the advanced development of next-generation solutions were crucial in securing the contract, and we will leverage this reference to take the lead in the Wi-Fi 6E market."
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Meanwhile, Gaon Broadband is a subsidiary of Gaon Media, an artificial intelligence (AI) total solutions company. In June, it signed a supply contract for Wi-Fi 6 solutions with a North American operator. It is currently pursuing an initial public offering (IPO) with Mirae Asset Securities as the lead underwriter, aiming to list on the KOSDAQ market next year.
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