Business Services Industry
Teleste Corporation wins new German order for BK Optiflex products
Nordic Business Report, Dec 7, 2005
NORDIC BUSINESS REPORT-7 December 2005-Teleste Corporation wins new German order for BK Optiflex products(C)1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com
Finnish technology group Teleste Corporation said on Wednesday (7 December) that it had received an order from Kabel Deutschland AG (KDG).
Under the contract Teleste will supply its BK Optiflex product family that is being used in KDG's upgrade project for bi-directionality and capacity upgrades. KDG reportedly intends to increase the pace of its network upgrade for the next three years.
The deliveries under the agreement will take place during 2006.
The order was valued in excess of EUR5m.
One euro (EUR) is worth approximately 0.68 British pounds (GBP).
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