Business Services Industry
Teleste Corporation delivers cable access network solution in China
Nordic Business Report, Dec 9, 2004
NORDIC BUSINESS REPORT-9 December 2004-Teleste Corporation delivers cable access network solution in China(C)1994-2004 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish technology group Teleste Corporation said on Thursday (9 December) that it had received an order for delivering a comprehensive end-to-end cable access network solution to a cable operator in Shuozhou, China.
Teleste would upgrade the existing network for providing interactive broadband data services and for launching digital TV applications.
Teleste said that Ekpac International, founded in Sweden, was its direct customer and the responsible contractor in the project. The order value would exceed EUR1.0m, and the delivery would take place during the first quarter of 2005, the company said.
Teleste and Ekpac had also agreed to continue the cooperation in creating financial opportunities in the Chinese market in the field of cable and video surveillance network projects.
One euro (EUR) is worth approximately 0.70 British pounds (GBP).
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