T-Mobile Venture Fund invests in femtocell technology

4 Mar 2008

UK femtocell manufacturer Ubiquisys has announced that T-Mobile’s investment arm, Venture Fund, has invested an unspecified amount into the company. Femtocells are small devices that connect to a home broadband connection, allowing users to benefit from high speed 3G coverage from inside a building. They work by detouring wireless calls and data access to a landline network via broadband, in turn freeing space on outdoor wireless networks. Axel Kolb, the fund manager of Venture fund, said ‘Femtocells are fundamental to the future of mobile. They solve the coverage dilemma whilst lowering costs for operators and consumers alike… and allow operators to offer improved fixed broadband and mobile bundles.’

T-Mobile UK chief Jim Hyde also explained, in a separate interview with news site Mobile Today, that T-Mobile would be looking to target fixed line broadband subscribers over the next fiscal year. He added that new and cheaper services, combined with the advantages of its network sharing deal with cellco Hutchison 3 UK, will kick start wider use of mobile broadband.

United Kingdom, T-Mobile UK