Contents:

EXECUTIVE SUMMARY ES 1.0 Overview ES 1.1 Study Topics ES 1.2 Markets Surveyed ES 1.2.1 Microwave Backhaul ES 1.2.2 Trunking ES 1.2.3 Enterprise and Private Networks ES 1.2.4 Broadcast ES 1.2.5 Last Mile Access ES 1.2.6 Public Safety and Homeland Security ES 1.3 Market Segmentation by Technology and Regulatory Status ES 1.4 Focus on Manufacturing ES 1.5 Scope and Methodology ES 1.5.1 How this Report Is Structured ES 1.6 Summary Figures and Notes SECTION ONE PTP Microwave Products and Background 1.0 Industry Overview 1.1 Struggling to Adapt – Microwave and Its Early Markets 1.2 Microwave Long Lines 1.3 New Opportunities in Mobile Infrastructure 1.4 Even Trunking Grows 1.5 Enterprise, Etc., Grows as Well 1.6 The Products 1.6.1 Segmentation by Link Capacity 1.6.2 Differentiation by Frequency 1.6.2.1 E Band 1.6.2.2 EHF Pricing 1.6.2.3 Global PTP Shipments by Frequency 1.6.3 Differentiation by Regulatory Status 1.6.3.1 Unlicensed Bands 1.7 Market and Manufacturing Trends Affecting Microwave 1.8 Frequencies and Applications 1.8.1 Above 12GHZ 1.8.2 Below 12GHZ SECTION TWO The Overall PTP Microwave Market and Its Segments 2.0 Global Shipments and Sales of PTP Radios 2.1 Regional Markets 2.1.2 PTP Niches 2.2 How Much Business Each PTP Segment Accounts For 2.3 PTP Use in Wireless Backhaul Applications 2.3.1 Leading Makers of Mobile Backhaul PTP Systems 2.3.2 New Mobile Wireless Platforms and Backhaul Needs 2.3.3 Backhaul for Fixed Wireless 2.3.3.1 Number of Links Today 2.3.4 Hotspot Growth in Past Years 2.3.4.1 The Hotspot Wild Card 2.3.4.2 Hotspots and Backhaul Growth 2.3.5 Converged Network Scenarios 2.4 Market Drivers for More Mobile Backhaul 2.4.1 The World Economy and the Growth of Mobile Telephony 2.4.2 Mobile Television and Applications That Will Drive Bandwidth 2.4.2.1 Coming to Grips with Mobile Video and Audio 2.4.2.2 Mobile Video Then and Now 2.4.2.3 An Alternate Model for Mobile Video Programming 2.4.2.4 The Why of Mobile Video 2.5 Attempting a Synthesis 2.5.1 New Models for Mobile Video 2.5.1.1 Obstacles to Mobile Television Adoption 2.5.2 True and New Consumer Applications 2.5.3 True and New Data Services 2.5.3.1 Mobile Data - Vertical and Horizontal Applications 2.5.3.1.1 VLANS and MLADS 2.5.5 The Implications of Voice Over IP on Microwave Backhaul 2.6 Existing Mobile Wireless Infrastructure Needing Backhaul Today 2.6.1 Mobile Base Stations and T1s 2.6.1.1 T1/E1 Future Use 2.6.2 Current Mobile Backhaul Costs 2.6.3 Microwave Backhaul for Mobile Wireless Abroad 2.7 Lower Frequency Licensed PTP Microwave Equipment 2.7.1 Unlicensed PTP Microwave for Backhaul 2.7.2 Millimeter Microwave for Backhaul 2.7.2 Sub Millimeter Microwave for Backhaul 2.8 Competitive Backhaul Technologies 2.8.1 Packet Traffic 2.8.2 T1 2.8.3 Active Fiber 2.8.4 Passive Fiber 2.8.5 VDSL 2.8.6 Hybrid Fiber Coax 2.8.7 WiMAX 2.8.8 MESH, Satellite 2.9 Microwave Trunking 2.9.1 Equipment Sales and Revenues, Regions of Success 2.9.2 The Leading Manufacturers of Microwave Trunking Equipment 2.9.3 Active Fiber Trunking 2.10 The Enterprise and PTP 2.10.1 Sales and Revenues 2.10.2 Leading Manufacturers of Enterprise Wireless Bridge Equipment 2.10.3 Enterprise Product Specifications and Frequencies 2.10.3.1 Use by Bands 2.10.4 Use of Wireless Bridges for Enterprise Applications the Coming Decade 2.10.5 Options other Than PTP for Wireless Bridges Leased Copper, T1, E1, DS3, FO, FSO, HFC, Frame Relay 2.10.6 Wireless Bridge Enterprise Subscribers Rising 2.10.6.1 PTP Wireless Bridge Enterprise Market Long Term 2.10.6.2 Factors Hindering PTP use for Wireless Bridge Applications 2.11 PTP and Last Mile Access for Public Networks 2.11.1 Number of WISPS and Last Mile Links in the US and Abroad 2.11.2 Major Manufacturers for Last Mile Access Equipment 2.11.3 Potential and Competitive Threats to PTP in the Last Mile 2.11.3.1 Fiber 2.11.3.2 FSO, HFC, Cable over builders, DSL, Point-to-Multipoint 2.12 PTP in Broadcast 2.12.1 Digital TV 2.12.2 Digital Terrestrial Radio 2.12.3 IP Video and Mobile Video 2.12.3 Major Manufacturers of PTP Broadcast Equipment 2.13 PTP and Public Safety SECTION THREE Competitors to PTP Microwave Systems 3.1 Backhaul, Enterprise, Last Mile, Trunking and Broadcast PTP Markets 3.1.1 Point-to-Multipoint Microwave 3.1.2 Fiber Optic Links 3.1.2.1 A Million More Fiber Laterals 3.1.3 Passive Optical Networks 3.1.4 Other Access Technologies 3.1.4.1 HFC, DSL, Satellite and Powerline not for Trunking SECTION FOUR Technologies in Transformation in the PTP Industry 4.0 Introduction 4.1 Non Line-of-Sight 4.2 Adaptive Array Antennas 4.3 Advanced Modulation Techniques 4.4 Circuit Integration 4.5 Summary APPENDIX TABLES AND FIGURES Table ES-1 PTP Microwave Radio Shipments Conservative Scenario World Market 2005-2011 Table ES-2 PTP Microwave Radio Shipments Moderate Scenario World Market 2005-2011 Table ES-3 PTP Microwave Radio Shipments Aggressive Scenario World Market 2005-2011 Figure 1 Historic Sales of Trunking Radios World Market 1997-2003 Figure 2 Historic Sales for Microwave Backhaul World Market 1997-2003 Figure 3 Shipments of PTP Radios by Capacity World Market 2005 Figure 4 PTP Radio Shipments by Capacity World Market 2011 Figure 5 PTP Microwave Unit Sales by Frequency World Market 2005 Figure 6 PTP Microwave Unit Sales by Frequency World Market 2006 Figure 7 PTP Microwave Unit Sales by Frequency World Market 2007 Figure 8 PTP Microwave Unit Sales by Frequency World Market 2008 Figure 9 PTP Microwave Unit Sales by Frequency World Market 2009 Figure 10 PTP Microwave Unit Sales by Frequency World Market 2010 Figure 11 PTP Microwave Unit Sales by Frequency World Market 2011 Figure 12 Global Sales Revenues for PTP Microwave Radios World Market 2005-2011 Figure 13 Unit Shipments of PTP Radios for All Applications World Market 2005-2011 Figure 14 Microwave Radio Units Shipments by Region World Market 2005 Figure 15 PTP Microwave Unit Shipments by Region World Market 2006 Figure 16 PTP Microwave Unit Shipments by Region World Market 2007 Figure 17 PTP Microwave Unit Shipments by Region World Market 2008 Figure 18 PTP Microwave Unit Shipments by Region World Market 2009 Figure 19 PTP Microwave Unit Shipments by Region World Market 2010 Figure 20 PTP Microwave Unit Shipments by Region World Market 2011 Figure 21 PTP Microwave Unit Shipments by Application World Market 2005 Figure 22 PTP Microwave Unit Shipments by Application World Market 2006 Figure 23 PTP Microwave Unit Shipments by Application World Market 2007 Figure 24 PTP Microwave Unit Shipments by Application World Market 2008 Figure 25 PTP Microwave Unit Shipments by Application World Market 2009 Figure 26 PTP Microwave Unit Shipments by Application World Market 2010 Figure 27 PTP Microwave Unit Shipments by Application World Market 2011 Figure 28: Shipments of PTP Radios for Backhaul Applications Conservative Scenario Figure 29 Shipments of PTP Radios for Backhaul Applications Moderate Scenario Figure 30 Shipments of PTP Radios for Backhaul Applications Aggressive Scenario Figure 31 Peak Data Rates per Technology Figure 32 World Mobile Base Stations Deployed All Technologies 2004-2010 Figure 33 802.16 Base Station Deployments World Market 2006-2011 Figure 34 Base Stations Deployed Next Generation Networks World Market 2005-2011 Figure 35 World Mobile Subscribers All Technologies 2004-2010 Figure 36 Data as a Percentage of ARPU US and Western Europe 2005-2010 Figure 37 Millions of Mobile Gamers US Market 2005-2010 Figure 38 Unit Shipments of PTP Radios for Trunking Applications World Market 2005-2011 Figure 39 Unit Shipments of PTP Radios for Enterprise Applications World Market 2005-2011 Figure 40 Metro Ethernet Subscribers US Market 2005-2010 Figure 41 Unit Shipments of PTP Radios for Last Mile Applications World Market 2005-2011 Figure 42 Unit Shipments of PTP Radios for Broadcast Applications World Market 2005-2011 Figure 43 PTP Radio Shipment Value for Broadcast Applications World Market 2005-2011 Figure 44 Unit Shipments of PTP Radios for Public Safety Applications World Market 2005-2011 Table A-1 PTP Microwave Radio Shipments Conservative Scenario World Market 2005-2011 Table A-2 PTP Microwave Radio Shipments Moderate Scenario World Market 2005-2011 Table A-3 PTP Microwave Radio Shipments Aggressive Scenario World Market 2005-2011 Table A-4 PTP Microwave Radio Shipments for Backhaul Applications Conservative Scenario World Market 2005-2011 Table A-5 PTP Microwave Radio Shipments for Backhaul Applications Moderate Scenario World Market 2005-2011 Table A-6 PTP Microwave Radio Shipments for Backhaul Applications Aggressive Scenario World Market 2005-2011 Table A-7 PTP Microwave Radio Shipments for Broadcast Applications World Market 2005-2011 Table A-8 PTP Microwave Radio Shipments for Enterprise Applications World Market 2005-2011 Table A-9 PTP Microwave Radio Shipments for Last Mile Applications World Market 2005-2011 Table A-10 PTP Microwave Radio Shipments for Public Safety Applications World Market 2005-2011 Table A-11 PTP Microwave Radio Shipments for Trunking Applications World Market 2005-2011 Table A-12 World Third Generation Subscribers 2005-2010

Summary:

The PTP Microwave study assesses the market for point-to-point microwave radios operating above 1 GHz. It pays special attention to the cellular backhaul segment, which remains the largest application for PTP radios, and also to trends within the mobile market such as deployment and uptake of data, video, and audio services. Analysis and figures are provided regarding total 2G through 3G cellular base station deployments as well as for next generation IP-based network deployments such as 802.16, 802.20, UMTS TDD, and FLASH-OFDM and how this will affect the PTP radio segment. The impact of competing DSL, optical, and point-to-multipoint technologies is also detailed. The overall effect these technologies will have upon the overall PTP radio market and its respective segments as well as those of evolving radio technologies and spectrum is also analyzed. Trunking, public safety, enterprise, last mile and broadcast applications are also detailed with the quantity and value of PTP radio shipments from 2005-2011 for each of these segments provided. Regional analysis includes breakdown of radio shipments by region for each year from 2005 to 2011. The report also segments the market according to frequency of operation and according to PTP link capacity.