Lunet is new Waystream customer - Waystream infrastructure speeds up Luleås Internet

Lunet supplies broadband fiber to the inhabitants of Luleå. Today, they reach 8 of 10 inhabitants and these will receive even faster Internet connections, something that is necessary as society becomes increasingly digitialized.

”Because we were faced with a major upgrade of our network, we evalutaed a number of vendors in 2016 and 2017. Our choice was Waystream and the MS4000 as we were able to test the product for quality and functionality. Our opinion is that it is a product designed and manufactured for the purpose of delivering robust and fast fiber access that meets today’s high requirements. Even the near proximity to Waystream and their flexible approach to functional content has played a big part in our choice” says Thomas Sundström, CEO Lunet.

Initially, the deal is for 2,000 customer connections worth 700,000 SEK. The access equipment, Waystream’s MS4000 that is a layer 2 Gigabit Ethernet access switch, will be shipped to Lunet in June and will be used to upgrade to Gigabit speed. This first deal is just the start of a larger project that is expected to run during 2017 and 2018.

- It feels great to be able to introduce a new customer. We are very proud that Lunet has chosen our equipment in tough competition with other vendors. Together, we will now speed up the Internet for Luleå inhabitants. Lunet has high ambitions and we are looking forward to grow with Lunet in the future, says Johnny Hedlund, CEO Waystream.

Fiber networks are the fastest growing broadband technology in Sweden. Sweden is one of seven countries within Europe that has more than 1 million fiber connections. According to the report ”The Swedish Telecommunications Market - First Half Year 2016 [1] from the Swedish Post and Telecom Authority (PTS), the number of fiber connections increased by 17% which equals 262,000 subscribers. The total number of subscribers in Sweden by mid-2016 using fiber was 1,800,000.

[1] https://www.pts.se/en-GB/Documents/Reports/Telephony/2016/The-Swedish-Telecommunications-Market--First-Half-year-2016---PTS-ER-201630/

For more information, contact: 
Johnny Hedlund, CEO Waystream 
Mobile: +46 (0) 734 – 38 23 29 

Email: johnny.hedlund@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.