Waystream and partner NetNordic win three orders with total value 10 MSEK
Waystream, som utvecklar och säljer avancerad digital infrastruktur så som switchar och routrar för fiberbaserade bredbandsnät, har via sin partner NetNordic AB i Sverige fått tre nya ordrar för accessutrustning. Det totala ordervärdet för dessa tre ordrar beräknas ligga mellan åtta och tio miljoner kronor.
The access network equipment, which is the ASR6000 Layer 3 Gigabit Ethernet access switch, will begin shipment in December 2016, the remaining units will be shipped during 2017.
It is existing customers for Fibra AB who runs city nets in the municipalities of Västerås, Eskiltuna, Strängnäs, Hallstahammar, and Arboga as well as Sundbyberg City Net and Affärsverken in Karlskorna, that will use Waystream products, in part for ongoing rollouts of new fiber networks, while the rest are used to upgrade to Gigabit speed.
– It is always gratifying to get increased and renewed confidence from our customers. Together with NetNordic, we will ensure that the citizens of Västerås, Eskiltuna, Strängnas, Hallstahammar, Arboga, Karlskrona and Sundbyberg get a fast and reliable broadband service with a focus on the best possible experience, says Johnny Hedlund, CEO Waystream.
Fiber networking is the fastest growing broadband technology in Sweden, which is one of only seven nations in Europe that has more than 1 million fiber connections. According to the Swedish Postal and Telephone Authority (PTS), the Swedish telecom market increased the number of fiber connections by 17% during the first six months of 2016 which represents 262,000 subscribers. The total number of subscribers using fiber was 1.8 million 
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Waystream sells and designs advanced digital infrastructure including switches and routers. With our products and expertise, we help telecom operators and service providers to offer reliable and usercentric network services with a high level of functionality. Our products are smart, easy to use and manage, and designed to create the best possible experience for the end user.
The company is traded on the NASDAQ OMX First North. Waystream’s Certified Adviser is Avanza Bank.
This information is such that the Company is obligated to provide according to EU market abuse regulations. The information is delivered, by the supervision of above contact persons, to be published on December 09, 2016 at 09:30 CET.