|
 Home
About EEP
Our
Approach
Investment
Themes
Portfolio
The
Team
 In
The Press
 In
The Press - Current
 In The
Press 2006
In The Press
2005
In
The Press 2004
In The Press 2003
In
The Press 2002
In
The Press 2001
In
The Press 2000
Submitting a Business Plan
Contact
us
|
Date: 26th May 2005
Title: Transmode Wins 3-Year Frame Contract with Telenor
Telenor,
the Tier 1 Norwegian PTT and Global Service Provider, and Transmode, a
pioneering supplier of optical networking systems, today announced a multi-million
Euro frame agreement covering the supply of WDM solutions to support Telenor's
plans for upgrade of its network infrastructure.
Under the terms of the agreement, Transmode will supply its award-winning
Mentis platform for the build-out of Telenor's CWDM network. A key application
for the CWDM network is to provide the capacity required to backhaul data
traffic in Telenor's broadband network.
Price-competitiveness was an important deciding factor for Telenor but
they were also looking for a combination of optimum technical solution,
superior customer service and long-term vendor stability. Transmode fulfilled
all of these requirements.
The Telenor contract is a major milestone for Transmode, one of the world's
fastest-growing companies in the telecommunications equipment sector.
Transmode now counts a major Tier 1 network operator and service provider
as one of its customers, a significant step towards the company's goal
of becoming one of the top 5 global players in its market segment. Recently,
Transmode merged with Lumentis, another successful Swedish optical networking
vendor, and has won awards from Red Herring, Tornado Insider and Deloitte
recognising its status as one of Europe's top privately-owned technology
companies.
"We are delighted to have been chosen by a customer with the global
reputation for quality of service that Telenor enjoys", said Isaac
Olasoko, CEO of Transmode. "This award is a major endorsement of
our strategy and underlines the importance of product performance and
customer service, as well as market-leading pricing."
About Telenor
Headquartered in Oslo, Norway, Telenor is an international provider of
high quality telecommunications, data and media communication services.
Telenor is one of Norway's largest companies with revenues in 2004 of
approx. NOK 61.3 billion and a work force of 20,900 domestically and abroad.
Telenor is listed at the Oslo Stock Exchange (TEL) and Nasdaq in New York
(TELN).
About Transmode
Transmode is a powerful new global force in Optical Networking. The company
was formed when two of Europe's most successful private telecoms companies,
Transmode Systems and Lumentis, merged in March 2005 to address renewed
worldwide demand for scalable, reliable and low-cost Optical Networking
solutions.
Transmode is a Pioneer in Optical Networking. Innovations such intelligent
WDM (iWDM), which dramatically lowers operational cost, and unamplified
DWDM, which reduces network CAPEX and complexity, have contributed to
success at a global level, with a customer base of more than 100 network
operators, service providers, enterprises and public institutions across
Europe, the Americas and Asia.
Transmode is the only company with the full spectrum of Optical Networking
solutions based on WDM, designed to cater for the needs of Network Operators
and Enterprises alike without compromising on functionality or cost-efficiency.
Transmode's product portfolio addresses Optical Networking requirements
from regional networks, through metro core and access networks, all the
way down to the customer premises.
For more information about Transmode, please visit http://www.transmode.com
For more information please contact:
Michael Crossey
VP Marketing & Business Development
Transmode
Telephone: +44 7734 318210
Email:michael.crossey@transmode.se
Back
to Press Coverage>>
|
