TURKU, Finland, June 16, 2016 /PRNewswire/ --
Teleste, an international technology group specialised in broadband video and data communication systems and services, announced today that the company has reached an agreement with the global telecommunication company Huawei to deliver the next generation of intelligent amplifiers for use in TDC Group's cable network upgrade in Denmark to the new DOCSIS 3.1 technology. The upgrade will begin in June 2016, and it is targeted to be completed by the end of 2017.
The cable network upgrade project is significant in European scale and it will, when finished, be the first complete network transformation performed to DOCSIS 3.1 standard. With this network upgrade to DOCSIS 3.1 frequencies TDC Group will be able to deliver speeds of 1 Gbit/s on coaxial cable to 50% of the Danish households.
As broadband traffic grows almost 50% each year, MSOs need to upgrade their coaxial networks to the gigabit level in order to offer IP-based and customized video services. By investing in DOCSIS 3.1 upgrade, cable operators can re-vitalize their existing cable network assets to compete successfully with fibre-to-the home operators.
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 network design, construction and maintenance. In 2015, Teleste's net sales totaled EUR 247 million, and the company employed about 1,500 people. Teleste runs a worldwide network of offices and more than 95% of its sales are generated outside Finland. The company is listed on Nasdaq Helsinki. For more information see http://www.teleste.com and follow @telestecorp on Twitter.
SOURCE Teleste Corporation