Waystream continues to build in German fiber networks

Waystream has received another order in Germany and will in 2022 deliver switches for the build-out of a fiber network. The order has been placed by one of the leading suppliers of fiber-based broadband in Northern Europe, with special emphasis on Scandinavia and Germany.

The agreement includes delivery of 4,800 customer connections.

Waystream has won a deal in Germany, Europe's largest market, worth just over SEK 3 million in 2022.

β€œIt is a proof that our products meet the needs of the German market. As the requirements for availability and speed of Internet services increase, the switches used in the fiber networks must meet modern requirements, as our switches do. We see great opportunities in the market and will continue our work of helping more customers build the fiber network of the future,” says Fredrik Lundberg, CEO of Waystream.

The equipment ordered is Waystream's leading access switch for city networks, ASR8048. It supports speeds up to 10Gbit/s per customer port, which creates a long technical and economic life for the installation. At the same time, there are important functions in the switch such as telemetry, which enables operators to minimize operating costs and increase availability and security in the network through a proactive and easy operation of the network and its services.

The deal was made through Waystream's partner, the Nordic system integrator NetNordic.

The pandemic has shown how important it is to be able to provide stable, fast and robust broadband. Waystream's equipment is an important component for regions and countries that need high speed broadband with high availability and fast response times. With the extended temperature support, Waystream's products fit very well in the German market, where street cabinets often lack cooling or heating,” says Trond E. Lundesgaard, Sales Director, NetNordic AS.

For more information please contact:

Fredrik Lundberg, CEO
Phone +46 (0) 72 509 27 76. E-mail: fredrik.lundberg@waystream.com

Susan Rose, Press contact
Phone +46 (0) 73 300 30 10. E-mail: susan.rose@waystream.com

About Waystream

Waystream is a Swedish company that develops and sells advanced digital infrastructure, such as switches and routers, adapted for the FTTx market. With our products and our expertise, it is possible for telecom operators and service providers to offer fast and reliable services to the user. Read more at www.waystream.com

The company's share is listed on Nasdaq First North under the name WAYS. Waystreams Certified Adviser is FNCA Sweden AB. info@fnca.se, +46 (0) 8-528 00 399