Waystream signs new partner in Germany

Waystream successfully continues course of internationalization and announces strategic partnership with braun teleCom GmbH

As part of the company’s plans to continue to expand across Germany, Waystream has signed a partner agreement with braun teleCom GmbH, an affiliated company of the BTV Group that stands for competence and continuity as a supplier of broadband communication technologies for more than 30 years.

“We are grateful to have the opportunity to start a partnership with Waystream, enabling us to provide the German as well as the international market with scalable, efficient and reliable solutions with regards to the delivery and installation of End-to-End FTTx networks”, says Thomas Braun, CEO of braun teleCom GmbH.

Mats Öberg, CEO of Waystream, adds: “braun teleCom’s presence and experience all around Germany opens further opportunities for Waystream to win new customers. In Germany, broadband expansion continues to progress. According to information from the industry association VATM, approximately 3.1 million homes were connected to optical fibre networks at the end of 2017. That’s an increase of over 20 per cent compared with the previous year and a clear step forward.”

For more information concerning Waystream, please contact:

Mats Öberg, CEO Waystream

Mobile: +46 (0) 76 881 81 31

E-mail: mats.oberg@waystream.com

About Waystream

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 user-centric 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 First North. Waystream’s Certified Adviser is FNCA Sweden AB.

About braun teleCom GmbH

A long experience and constantly growing know how made braun teleCom GmbH one of the leading suppliers of sophisticated products and solutions for HFC and FTTx broadband networks within Europe. Persistently expanding its product range, the company has successfully integrated services encompassing CATV and FTTx network planning into the portfolio. While, in many areas, the company’s activities focus on the development and production of its own products, they furthermore include operations as a distributor for selected high-performance cooperation partners. For the range of products and services, braun teleCom is setting high quality standards for themselves, while still making sure that the company offers the best possible price-performance ratio to its customers.