Federated Wireless Makes Shared Spectrum a Reality with Availability of Industry’s First Spectrum Controller; Closes $42M Series B with Wireless Industry Backing

Company to Leverage Investments from Wireless Ecosystem to Make
LTE-Ready Spectrum Immediately Available Eliminating Challenge of
Supporting Explosive Wireless Demand on Finite Spectrum

ARLINGTON, Va.–(BUSINESS WIRE)–Federated Wireless, a leading technology provider enabling the shared
spectrum revolution, today announced the availability of its Spectrum
Controller and the closing of a $42M Series B round of funding,
including strategic investments from key wireless industry ecosystem
partners Charter Communications (NASDAQ: CHTR), American Tower
Corporation (NYSE: AMT), ARRIS International plc (NASDAQ: ARRS) and GIC,
Singapore’s sovereign wealth fund. Enabling the efficient access,
management and optimization of the FCC-approved Citizens Broadband Radio
Service (CBRS) 3.5GHz shared spectrum band, Federated Wireless is
unlocking a spectrum of possibilities for businesses across industries.
This makes LTE-ready spectrum immediately accessible, eliminating the
growing challenge of supporting explosive growth and demand for wireless
communications with a finite amount of available spectrum.

“Shared spectrum isn’t just a promising approach of the future –
Federated Wireless’ Spectrum Controller is now available for use by
customers of all sizes conducting live, integrated field trials and
commercial deployments in readiness for FCC certification. Spectrum
sharing will dramatically reduce the cost of delivering wireless
services, with our technology serving as the onramp,” said Iyad Tarazi,
CEO of Federated Wireless. “The commercial availability of our Spectrum
Controller and the investment of the wireless industry in the company
will enable us to cement our leadership position and capitalize on the
rapid industry shift to shared spectrum set to begin this year.”

The Federated Wireless Spectrum Controller allows Mobile Operators,
Cable Operators, Broadband Wireless Access Providers, Managed Service
Providers and Enterprises across industries, to leverage CBRS when and
where they need it. As a result, spectrum efficiency and utilization is
not only increased, but the economics for delivering spectrum-based
services and applications are dramatically improved for operators and
enterprises. The technology allows for the bolstering of existing
carrier and LTE networks, and for commercial and industrial properties
to launch robust LTE networks for advanced applications.

The Spectrum Controller is an end-to-end solution for shared spectrum
access, management and optimization, helping businesses to quickly and
efficiently plan, optimize and monetize CBRS services. The Spectrum
Controller’s key components, include:

  • Spectrum Access System (SAS) – A standards-based cloud-service that
    delivers access to interference-free bandwidth within the CBRS band,
    enhancing wireless coverage options.
  • Environmental Sensing Capability Network – Nationwide redundant
    network of sensors that identify and protect the Federal agencies
    already using the 3.5 GHz band to ensure defense and government
    communications aren’t impacted by commercial users.
  • Spectrum Management Tools – A robust set of tools and analytics
    providing a real-time view into shared spectrum utilization and
    availability to maximize use of CBRS and enable greater optimization.
  • Open Partner Ecosystem – An API-centric architecture and large
    ecosystem of pre-integrated technology partners enables ease of
    integration with existing networks, while reducing operating costs and
    improving time to market.

“Charter is proud to partner with Federated Wireless to bring CBRS 3.5
GHz technology to market,” said Craig Cowden, SVP Wireless Technology at
Charter Communications. “Federated Wireless is a market leader in
enabling and optimizing the allocation of shared spectrum, and we are
excited to partner with them on this innovative new technology. When
combined with Charter’s advanced and powered high speed infrastructure,
it will enable innovative service offerings that enhance the customer
experience.”

“With the explosive growth of wireless data it is imperative that the
industry finds new and innovative ways to meet this demand cost
effectively,” said Steven Marshall, President US Tower, a division of
American Tower Corporation. “Federated Wireless has built a strong
capability to facilitate access to the CBRS spectrum expected to be made
available by the FCC shortly. We are delighted to be able to work with
Federated to develop in-building proprietary and shared wireless access
networks that can enhance functionality and potentially develop new
revenue streams for property owners.”

“ARRIS strongly believes in the shared spectrum market opportunity,”
said Bruce McClelland, ARRIS CEO. “As service providers of every type
develop expanded wireless product offerings, and Enterprises explore
Private LTE and Industrial IoT opportunities, we see a strong market
opportunity by adding CBRS capability to our portfolio. Federated
Wireless is a foundational building block in the CBRS ecosystem, and we
are pleased to serve these markets with Federated as a partner.”

“As a long-term investor, we believe the dynamic sharing of 150MHz of
CBRS spectrum at 3.5GHz is an innovative and leading method of
addressing the future need for bandwidth by data-intensive
applications,” said Bryan Yeo, Chief Investment Officer for Public
Equities at GIC. “We are pleased to invest in Federated Wireless with
its enabling technologies to act as a neutral allocator of spectrum. We
are confident in the long-term potential of dynamic sharing at 3.5GHz,
and possibly other spectrum bands, leading to a more efficient
utilization of scarce spectrum resources, better indoor coverage, more
innovative services based on private LTE networks, as well as the
provision of wireless broadband access by a greater number of players.”

The Federated Wireless Spectrum Controller comes to market following
more than five years of development and nine months of industry testing
by customers in the telecommunications, cable services and commercial
property industries. The company’s Spectrum Controller already has
conditional FCC certification with full certification anticipated in
January 2018. To further support the proliferation of shared spectrum
the company will continue to work closely with the FCC, Department of
Defense (DoD), the Wireless Innovation Forum (WInnForum) and CBRS
Alliance to identify and develop additional use cases and applications,
and expand the technology ecosystem. Catapult Advisors served as
financial advisor to Federated Wireless in connection with the
transaction.

About Federated Wireless

Federated Wireless is leading the wireless industry through the shared
spectrum revolution, unlocking a spectrum of possibilities by
eliminating the decades-old problem of spectrum scarcity. The Company
offers the industry’s first FCC-certified spectrum controller, enabling
government and commercial users to securely share the same spectrum band
without impacting quality of service. Headquartered in Arlington,
Virginia, Federated Wireless is removing the multi-billion dollar price
tag associated with spectrum access, allowing for the creation of new
wireless carriers and business models. For more information please
visit, www.federatedwireless.com.

About Charter

Charter (NASDAQ: CHTR) is a leading broadband communications company and
the second largest cable operator in the United States. Charter provides
a full range of advanced broadband services, including Spectrum TV™
video entertainment programming, Spectrum Internet™ access, and Spectrum
Voice™. Spectrum Business™ similarly provides scalable, tailored, and
cost-effective broadband communications solutions to business
organizations, such as business-to-business Internet access, data
networking, business telephone, video and music entertainment services,
and wireless backhaul. Charter’s advertising sales and production
services are sold under the Spectrum Reach™ brand. More information
about Charter can be found at. www.charter.com.

About American Tower

American Tower is a leading independent owner, operator and developer of
wireless and broadcast communication real estate. Our global portfolio
includes approximately 148,000 communications sites and is experiencing
steady growth. In addition to leasing space on towers, we provide
customized collocation solutions through our in-building systems,
outdoor distributed antenna systems and other right-of-way options,
managed rooftops and services that speed network deployment.

About ARRIS

ARRIS International plc (NASDAQ: ARRS) is a world leader in
entertainment and communications technology. Our innovations combine
hardware, software, and services across the cloud, network, and home to
power TV and Internet for millions of people around the globe. The
people of ARRIS collaborate with the world’s top service providers,
content providers, and retailers to advance the state of our industry
and pioneer tomorrow’s connected world. For more information, visit www.arris.com.

About GIC

GIC is a leading global investment firm with well over US$100 billion in
assets under management. Established in 1981 to secure the financial
future of Singapore, the firm manages Singapore’s foreign reserves. A
disciplined long-term value investor, GIC is uniquely positioned for
investments across a wide range of asset classes, including real estate,
private equity, equities and fixed income. GIC has investments in over
40 countries and has been investing in emerging markets for more than
two decades. Headquartered in Singapore, GIC employs over 1,400 people
across 10 offices in key financial cities worldwide. For more
information about GIC, please visit www.gic.com.sg.

Contacts

McGrath/Power Public Relations
Yahea Abdulla, 408-727-0351
yaheaabdulla@mcgrathpower.com