InCoax Networks AB INCOAX
OMXSTO · Sweden · Electronic Technology
SEK 0.2430+0.01 (+5.65%)
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Market open· · SEK · Data may be delayed
Prices may be delayed and are for informational purposes only - not investment advice.
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InCoax Networks AB (publ) is strengthening its commercial position in Finland as rapid fiber expansion increasingly reaches regional cities, towns and municipalities. Finnish fiber operator Fibernet Finland has placed a new order of approximately EUR 70,000 for continued deployment of InCoax Fiber Access Extension. The repeat order follows more than 150 apartment buildings previously contracted for the solution and provides further evidence of continued commercial use as Fibernet expands its net
InCoax Networks announces the initial activation of a planned multi-building deployment for Sjoberg's Inc., a family-owned cable operator established in 1962 and based in Thief River Falls, Minnesota. The rollout is planned to cover approximately 30 to 40 buildings across the Sjoberg's network. The deployment uses InCoax technology as part of Nokia Gigabit Connect with MoCA Access™ to deliver fiber-based multi-gigabit broadband over existing coaxial infrastructure in apartment buildings.
InCoax Networks AB has signed an agreement with a Tier 1 operator in the U.S., establishing the commercial framework for the use of InCoax Fiber Extension in selected fiber broadband installation scenarios. The agreement follows the recent launch of InCoax Fiber Extension, a new solution category developed to help fiber operators reduce installation complexity and accelerate customer activation in single-family homes and selected smaller apartment buildings.
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