DragonWave cuts loss, promises to be in black

08.05.2009

In addition, a provider in Pakistan just chose DragonWave for the first phase of a network rollout. The company is looking at opportunities in the Asia Pacific, Caribbean and South Africa regions.

As a result, Allen felt able to boast that "the future is exciting and it's starting now," to financial analysts in a conference call.

"As I look forward I believe fiscal 2010 will be a breakout year for DragonWave, and we expect strong growth from existing customers."

"We're only at the very early stage of a network transition for mobile carriers as they reshape their networks for the major wave of increased mobile date as they deploy 3G, HSPA and 4G systems."

Carriers with 2G networks can handle traffic with copper lines between transmitters, he said. But once they shift to 3G and the increased data it will carry, carriers that don't have a fibre optic network will have to turn to wireless backhaul to meet the capacity, he maintained.