Business Services Industry
Aztech secures $20 million ADSL router order.(Business)(Aztech Systems Ltd.)(Brief Article)
XDSL News, January, 2005
Aztech Systems Ltd. has secured a $20 million order to supply about half a million wireless routers to the North American market.
The wireless routers supplied by Aztech are ADSL (asymmetric digital subscriber line) broadband routers that enable both wired and wireless networking in homes and offices.
Michael Mun, chief executive officer and president of Aztech, said that with the increasing consumer demand for broadband and wireless networking at home, Aztech has seen strong shipments of its ADSL products. "Telecom operators and Internet service providers recognize this growing trend and have taken to our products positively," he added.
Earlier this month, the company announced a $23 million expansion plan, which included the purchase of $10...
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