The quarter ends with an additional order of 2 MSEK from the US based Fiber/LAN Operator with whom InCoax signed a Master Purchase Agreement in December 2021. The order will be supplied and invoiced during March 2022.
The Operator currently has approximately half a million subscribers and is active in 19 US metropolitan areas of which InCoax is installed in nine of them.
“The co-operation develops according to plan and we foresee a further demand of InCoax system solution for Fiber Access Extension”, says Helge Tiainen, Head of Product Management, Marketing & Sales, InCoax Networks.
The InCoax MoCA Access 2.5 platform is a cost-effective and fast way compared to Fiber/LAN to execute the fiber deployment strategy in Multi-Dwellings Units (MDUs) all the way to the consumer. Implementing the InCoax Fiber Access Extension solution accelerates number of deployments and shortens the time for increased revenue for the operator.