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GatesAir Meets Phase 1 Repack Deadlines as Shipping Milestone Approaches
Over-the-air broadcast leader on target to ship eight million watts of power by year’s end
Cincinnati, OH, December 18, 2018
With an aggressive repack production and delivery strategy in place, GatesAir today confirms it has met all delivery commitments for the Phase 1 deadline of November 30, 2018. Having also met all commitments for its Phase 0 customers, GatesAir has assured that these broadcasters will be operational from their new channel assignments without delay.
The on-time deliveries establish a pattern of reliability for customers for all 11 repack phases, largely driven by GatesAir’s advanced preparation across its manufacturing and service operations. To date, GatesAir has delivered 150 repack transmitters and six million watts of power, far outpacing competition on repack deals and deliverables. The over-the-air broadcast leader expects to deliver 200 transmitters and eight million watts of power by the end of 2018.
“The spectrum repack initiative is an enormous industry undertaking that has challenged suppliers and broadcasters to meet very tough deadlines,” said Bruce D. Swail, CEO, GatesAir. “GatesAir’s careful strategy across staffing, assembly, design and installation has raised the bar for customer service across all 11 repack phases. We will continue to assure that our customers can vacate their previous spectrum and relocate to new channels on time, while helping to secure tower crews and integration services as needed.”
About GatesAir
GatesAir, Inc., a portfolio company of The Gores Group, provides complete solutions for over-the-air radio and television broadcasting, leveraging wireless spectrum to maximize performance for multichannel, mission-critical services. Powering over-the-air networks worldwide with unparalleled reliability for nearly 100 years, GatesAir’s turnkey solutions enable broadcasters to create, transport and transmit radio and TV content. With customers in more than 185 countries, the company leads the industry in innovation and design breakthroughs, improving efficiency and reducing total cost of ownership with all products designed and assembled in the USA. Visit www.gatesair.com for more information, Like us on Facebook https://www.facebook.com/gatesair, and follow us on Twitter at @GatesAir.
About The Gores Group
The Gores Group, founded in 1987 by Alec Gores, is a global investment firm focused on acquiring controlling interests in mature and growing businesses which can benefit from the firm's operating experience and flexible capital base. The firm combines the operational expertise and detailed due diligence capabilities of a strategic buyer with the seasoned M&A team of a traditional financial buyer. Over its 30-year history, The Gores Group has become a leading investor having demonstrated a reliable track record of creating value in its portfolio companies alongside management. Headquartered in Los Angeles, The Gores Group maintains offices in Boulder, CO, and London. For more information, please visit http://www.gores.com.
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