Company Introduces New, Purpose-built Private LTE Edge Router as Part of its Cloud-Based LTE and 5G Private Cellular Networks’ Portfolio
Boise, Idaho – March 16, 2021 – Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions, today announced its new, purpose-built R500 Private LTE (PLTE) edge router powered by the NetCloud Service; an all-inclusive networking service that includes cloud-delivered software, endpoints, training, and support. The new R500 is a compact, ruggedized, and cost-effective wireless edge router designed to work on all CBRS bands. It’s the latest addition to Cradlepoint’s Private Cellular Network (PCN) portfolio of PCN-capable endpoints for branch, mobile, and IoT use cases over LTE and 5G.
According to a new IDC report, the PCN market is exploding and forecast to reach $5.7B by 2024. Enterprise and public sector organizations continue to turn to cellular wireless technology for broader connectivity over wider distances with better network performance, security, and predictable bandwidth costs.
Networks with large coverage areas, such as airports, malls, factories, mines, warehouses, stadiums, schools and cities, struggle with traditional connectivity approaches, including wireless LAN, public Wi-Fi, and LTE. Wireless LAN and Wi-Fi networks don’t “densify” cost-effectively, especially over large distances, and data charges over public cellular networks can be cost-prohibitive. Cradlepoint’s new R500, powered by its NetCloud Service, utilizes PLTE and public domain CBRS spectrum to remove these economic barriers while providing the performance, security, and centralized management that business-critical network infrastructures require.