Telefonica Makes Strategic Investment in Quantenna

Telefónica announced that it has signed a strategic partnership with Quantenna Communications, a leader in ultra-reliable Wi-Fi networking for whole home entertainment. The partnership sees Telefónica making a strategic equity investment in Quantenna, which gives it access to the latest Quantenna technology for the deployment of high performance video services to the home.

As network operators start to roll out fibre services to customers’ homes, capable of delivering speeds of up to 100 Mbps, there is a looming bottleneck on the limited capabilities of current wireless technologies.

Quantenna has the networking expertise to bridge this capability gap and allow high quality video to be deployed wirelessly to multiple devices around the home. Quantenna’s family of Full-11n™ 5GHz chipsets uses the company’s cost-optimized, third-generation 4×4 MIMO technology to deliver up to 600 Mbps of bandwidth. The chipsets enable manufacturers to build products for delivering IPTV and other video streaming and data distribution services throughout the home over an ultra-reliable, high-performance Wi-Fi connection.

“Investing in up-and-coming technology companies is a core part of the Telefónica Digital strategy as we look to build our capabilities in order to succeed in the digital space,” said Matthew Key, chairman and CEO, Telefónica Digital. “Quantenna’s technology will be a core component of our growth strategy for IPTV deployments in Europe and Latin America.”

“This strategic partnership and funding will enable us to expand our product offering for carrier-grade wireless IPTV services globally, as we continue to strengthen our industry-leading, 4×4 MIMO technology leadership position,” said Sam Heidari, CEO for Quantenna.