Stockholm, Sweden - 5(th) September 2011 - Transmode, a global supplier of
packet-optical networking solutions, today announced that it has signed a new
eight year contract with Virgin Media Business for Ethernet-based mobile
backhaul service delivery networks across the UK. Transmode estimates that the
new contract is worth up to 150 M SEK in 2011 and 2012 and deliveries begin in
the third quarter 2011.
The new eight year contract with Virgin Media Business further enhances the
carrier's advanced nationwide fibre-optic network to help the company grow its
market share in the mobile operator space. The deployment of Transmode's optical
networking systems will begin later this year with an initial deployment
connecting 14 regional Aggregation Networks (ANs) that will connect a
significant number of base stations with fibre-based synchronous Gigabit
Ethernet services. The deployment will enable Virgin Media Business to offer
Sync-E enabled mobile backhaul services to mobile operators all over the UK.
"Mobile operators increasingly need robust, powerful networks to underpin a
superior customer experience, from excellent call quality through to accessing
social networks on the move. As this sector continues to grow and evolve, it
represents a significant opportunity for growth. Analysts estimate that by 2015
globally there will be a ten-fold increase to more than two million fibre-
connected base stations. We believe that this is one of the biggest packet-
optical based mobile backhaul projects in Europe and it will provide Virgin
Media Business with a state-of-the-art platform for their Sync-E enabled,
Gigabit Ethernet mobile backhaul services," said Karl Thedéen, Chief Executive
Officer at Transmode.
"The explosion of mobile data traffic due to the use of smartphones and other
similar devices is driving the networks of mobile operators to breaking point.
Working with Transmode we're looking to transform backhaul networks by
delivering a unique service that deploys fibre-based Ethernet services to cell
sites. We're best placed to deliver the speed and capacity that mobile companies
need," said Mark Heraghty, Managing Director, Virgin Media Business. "With a
fibre-based core network, we've got big ambitions for this market and see it as
integral to the growth of our overall market share. Our partnership with
Transmode makes our proposition all the more compelling."
As consumers demand access to more and more data on the move, the volume of
traffic crossing mobile operator's networks is set to rocket," continued Mark
Heraghty. "Working hand in hand with Transmode gives us the technical edge to
ensure that any amount of data is never too much for the mobile operators to
handle."
The dedicated networks will support mobile backhaul services to UK mobile
operators and will rely on Transmode's Native Packet Optical architecture,
including the recently-launched Layer 2 Ethernet Muxponder family. Ethernet
services will be provided from the mobile operators' core node locations right
through to the operator's cell sites. They will enable Virgin Media Business to
provide highly flexible services with better synchronisation performance than
alternative solutions in the market.
See associated press release issued earlier today by Virgin Media Business:
http://www.virginmediabusiness.co.uk/news__events/news.aspx
The information in this announcement is required to be disclosed by Transmode
Holding AB under the Swedish Securities Markets Act (Sw. lagen om
värdepappersmarknaden). This information was released for publication at 8:35 AM
CEST on 5 September 2011.
For more information please contact:
Ola Elmeland
Vice President Marketing & Communications
Transmode Systems AB
Telephone: +46 8 506 882 71
Email:ola.elmeland@transmode.com
About Transmode
Transmode is a global provider of packet-optical networking solutions that
enable fixed line and mobile network operators to cost effectively address the
capacity needs created by the rapid growth in video and data traffic. These
solutions are important building blocks in next-generation high-speed optical
networks that support services such as broadband backhaul, mobile data backhaul,
video delivery services and cloud computing. Transmode's solutions are based
onWavelength Division Multiplexing (WDM) and packet optical transport
technologies, which are designed to increase the capacity, flexibility and
functionality of optical metro core and metro access networks. Transmode's
Intelligent WDM (iWDM(TM)) approach gives key advantages to customers, such as
ultra-low latency, low power consumption and innovative network design.
Transmode is headquartered in Stockholm, Sweden and is listed on the NASDAQ OMX
Stockholm Exchange (TRMO). Since 2000 the company has installed more than
20,000 systems for over 300 fixed and mobile network operators, service
providers, large enterprises and public institutions in over 40 countries across
the globe.
For additional information about Transmode, please visit www.transmode.com.
About Virgin Media Business
Virgin Media Business has the UK's only nationwide fibre optic network, carrying
35 per cent of all business broadband traffic. Already able to connect to 85 per
cent of businesses in the UK, Virgin Media Business has the ability to connect
to all organisations. The largest business-to-business brand in the Virgin
group, it prides itself on delivering innovative, high quality solutions that
breakdown the barriers facing UK businesses today.
Staff are located at 40 offices across the country, meaning that Virgin Media
Business really is closer to its customers. Organisations working with Virgin
Media Business include London City Airport, Nottingham Building Society, Arqiva,
Hampshire and Isle of Wight Partnership and South West Water.
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