Waystream wins two new deals in Denmark, total order value of 3.4 MSEK

Via its partner Conscia A/S in Denmark, Waystream has received two new orders regarding advanced access equipment from Fibia A/S. The total order value is SEK 3.4 million.

The orders consists Waystream’s ASR6000, a Layer 3 Gigabit Etheret access switch, which will be delivered to Fibia in Denmark during September and October this year. Fibia will use Waystream’s access equipment to upgrade its Fast Ethernet fiber network to Gigabit speed.

"That we once again gain confidence from Fibia to deliver equipment for upgrading is a proof that our products exceed expectations. Together we will ensure that even more households in Denmark have access to a truly fast internet connection. In Denmark, like Sweden and the rest of Europe, there is a strong focus on giving more residents access to Gigabit access and we see an increasing demand in this area," says Mats Öberg, CEO of Waystream.

Fiber-based network is the fastest growing broadband technology in Denmark. According to the Danish Energy Agency's report on telecom statistics for the second half of 2016, the total number of broadband subscribers via fiber in Denmark increased by 12.2 percent from year-end 2015/2016 to year-end 2016/2017. This corresponds to approximately 55,000 new fiber subscribers and the total number of fiber subscribers at year-end 2016/2017 was approximately 506,000.

For more information, please contact:

Mats Öberg, VD Waystream

Mobile: +46 (0) 76 881 81 31

Email: mats.oberg@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.