Teleste has signed a frame agreement with a major US cable broadband operator and received first orders for its next generation 10G capable cable network technology
Teleste Corporation
Press release
August 24, 2022, at 17:50 EET
TELESTE HAS SIGNED A FRAME AGREEMENT WITH A MAJOR US CABLE BROADBAND OPERATOR AND RECEIVED FIRST ORDERS FOR ITS NEXT GENERATION 10G CAPABLE CABLE NETWORK TECHNOLOGY
Teleste has signed a frame agreement with a major USA cable broadband operator for the supply of broadband network technology in the USA, including 1.8 GHz amplifiers and Distributed Access Architecture nodes.
First orders have been received, and product deliveries are expected to commence mid-2023.
The 1.8 GHz technology will enable end user speeds of up to 10 Gbps over existing cable network infrastructure and allows for efficient and cost-effective network upgrades. Teleste has been doing extensive research and development towards CableLabs© DOCSIS 4.0 specification.
TELESTE CORPORATION
Esa Harju
CEO
ADDITIONAL INFORMATION: Esa Harju, tel. +358 2 2605 611
DISTRIBUTION:
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Media
www.teleste.com
About Teleste
Teleste offers an integrated product and service portfolio that makes it possible to build and run a better networked society. Our solutions bring television and broadband services to you, secure your safety in public places and guide your use of public transport. With solid industry experience and drive for innovations, we are a leading international company in broadband, security and information technologies and related services. We connect with our customers through a global network of offices and partners. In 2021, Teleste's net sales reached EUR 144 million and it had approximately 860 employees. Teleste is listed on Nasdaq Helsinki.
