Canal Digital Cable TV Selects Teleste for their Next Generation Cable Broadband Upgrade
Canal Digital Cable TV Selects Teleste for their Next Generation Cable Broadband Upgrade
TURKU, Finland, September 29, 2015 /PRNewswire/ --
Teleste has reached a framework agreement with Canal Digital Cable TV, a subsidiary of
Telenor Norway, on access nework product deliveries for the Canal Digital HFC 2.0 network
investment. Under the framework agreement Teleste will provide Canal Digital with 1,2 GHz
optical transmission systems as well as coaxial amplifiers which enable maximum benefit of
the new DOCSIS 3.1 standard for broadband connectivity over HFC infrastructure. DOCSIS 3.1
enables multigigabit broadband speeds to be offered to subscribers.
The cable network upgrade investment is significant in European scale and the first
DOCSIS 3.1 upgrade project in Nordic countries. Teleste was selected after a thorough
tendering process thanks to its superior product performance, competitive price and
readiness to deliver full access network solution with immediate effect, compatible with
DOCSIS 3.1 standard. The total value of the agreement is estimated to exceed EUR 15
million within the years 2015-2019.
Canal Digital is the largest supplier of cable TV and broadband on HFC-technology in
Norway.
Teleste is an international technology company that develops and offers video and
broadband technologies and related services. Our supply of technology contributes to the
convenience and safety of daily living. Our core business is video - video and data
processing, transfer and management. Our customer base consists of cable and telecom
operators, as well as public sector organizations. Our business is divided into two
divisions, which are Video and Broadband Solutions and Network Services. In both areas, we
rank among the world's leading companies and technological forerunners. Video and
Broadband Solutions focuses on access networks and video security and information
solutions. Network Services offers comprehensive services for access network design,
construction and maintenance. In 2014, Teleste's net sales totaled EUR 197 million, and
the company employed more than 1,400 people. Teleste runs a worldwide network of offices
and more than 90% of its sales are generated outside Finland. The company is listed on the
Nasdaq Helsinki. For more information see http://www.teleste.com
Teleste Corporation
CONTACT: More information: Hanno Narjus, Senior Vice President - Video and Broadband Solutions, Teleste Corporation, hanno.narjus@teleste.com, Press contact: Mirkka Lamppu, Manager - CEM and Communications, Teleste Corporation, Tel. +358-2-2605-611, mirkka.lamppu@teleste.com
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