MARINA DEL RAY, Calif.—Wi-Fi hardware manufacturer 5G Wireless Communications Inc. is now in the travel and hospitality wireless service provider business, thanks to its acquisition of Ivado’s timeshare deployment contracts.
5G Wireless said its new services division will focus on the installation, delivery, support and backoffice management of wireless networks in both domestic and international markets. In addition, the company said it plans to expand on Ivado’s core services to new locations in the travel and hospitality market.
“After receiving a firm commitment from Ivado to be their exclusive supplier, we began examining the overall wireless service provider market in the hospitality industry that had been serviced by Ivado,” stated Jerry Dix, chief executive of 5G Wireless. “Our goal is to deploy between 2,000 and 3,000 units per month, adding to the existing 3,800 units already deployed as we complete this initial 22,000-unit contract. Revenue from these deployments is expected to be at $10-$12 dollars per month per unit initially, with the upside potential reaching $17-$20 per unit as the units mature.”
Ivado is registered trademark brand of Global Connect Inc.
