In a press release, Rachael Nutter of CT Investment Partners, was quoted as saying: “Energy consumption in mobile phone base stations is a significant proportion of the opex of mobile operators, as high as 50% in the most extreme cases.
“Arieso’s technology tackles this whilst improving service levels”.
Commenting on the deal, Shirin Dehghan, CEO and co-founder of the company, said: “Arieso has leading edge technology demonstrating dramatic service and cost improvements with a number of the world’s largest operators.
“We are delighted to have Carbon Trust Investments joining our existing investors.
“This investment will allow us to ramp up our team and take advantage of our recent success in the field to deliver full-scale roll-outs”.