Waystream is partnering up with the German purchasing organization BREKO for new growth opportunities

Waystream, who develops and sells advanced digital infrastructure such as switches and routers for broadband fiber networks, has joined the German Purchasing Organisation BREKO Einkaufsgemeinschaft – a subsidiary of the Bundesverband Breitbandkommunikation, which represents the majority of German fixed network operators. Every year, investments in network equipment of a value of around € 2 billion are made through the purchasing organization.

BREKO, founded in 2010, consists of 282 member companies with the goal to help broadband operators to find the right supplier for their broadband expansion projects. As a provider of active network equipment Waystream, as well as other suppliers, play an important role in BREKO’s mission to meet the increased need for advanced digital infrastructure.

“BREKO EG is always on the lookout for technologies that make it easier for the members of BREKO EG to expand their network operations," says Jürgen Magull, Managing Director of BREKO Einkaufsgemeinschaft. "We are therefore pleased to welcome Waystream as a partner of BREKO EG. Waystream is a specialist in active networking technology and their excellent track record from the Swedish market will be very beneficiary in our work to promote fiber network roll-out in Germany.”

“We are pleased to now be a part of BREKO and we hope that this membership will accelerate our expansion in the German market. By a tight cooperation with BREKO we can reach a large part of our target group ," says Johnny Hedlund, CEO of Waystream .

BREKO EG and Waystream will jointly ensure that the members of BREKO receive the best possible support in their network expansion plans. The joint activities include trade fair appearances, information about innovations and cooperation in working groups.

For more information, contact:

Joana Castelar, Marketing Manager Waystream

Mobile: +46 (0) 737 – 28 12 13

Email: joana.castelar@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.

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