This paper describes a packaged MMIC chip set which was developed far low-cost communication equipment operating in the unlicensed 5.725 to 5.850 GHz Industrial, Scientific, and Medical (ISM) band (FCC rule 15.247). The GaAs MMIC chip set described consists of: 1) Transmit/Receive (T/R) switch, 2) low noise amplifier (LNA), 3) double-balanced downconverter mixer, 4) QPSK/BPSK modulator, and 5) variable-gain medium power amplifier. The MMIC designs are discussed and the measured performance of the packaged chip set is presented.