Toronto, Ontario –March 27, 2017– Baylin Technologies Inc. (“Baylin”) (TSX: BYL) today announced approval from a Tier One carrier of its densification antenna into the carriers nationwide system.
Randy Dewey, President and CEO, is delighted to share this news as “it is a major coup for the organization due to the amount of densification projects that will be occurring throughout North America”. Mr. Dewey continued, “The sales that will result from this acknowledgement will start to show in the second half of 2017 and continue into 2018 and 2019. We believe this represents a multiple million-dollar roll out over the next twenty-four months starting in Q2 2017.”
According to industry analysts and executives, universal cellular coverage is now a basic expectation of consumers and regulators will be looking to providers to ensure that they are meeting the coverage requirements as set out in their licensing agreements.
“As an antenna market leader, a strong focus on our global R&D activities will continue to be a major priority for our company as we strive to meet the ever changing and complex needs of network densification over the coming months and years”, stated Mr. Dewey.
Baylin (TSX: BYL) is a leading global wireless technology management company. Baylin focuses on design, development, manufacturing and delivery of leading wireless products and services. We aspire to meet our customers’ needs and anticipate the direction of the market.
For further information contact:
Investor Relations: Kelly Myles, Marketing and Communications Manager
Baylin Technologies Inc.
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