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 Fiber/LAN Operator follows up the stable order volume from 2021 with a new order under the recently signed Master Purchase Agreement (MPA)”, 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.

This information is such information as InCoax Networks AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 08.30 CET on January 7, 2022.