Stofa and Teleste to agree on delivery of network products and services for Stofa’s DOCSIS 3.1 network upgrade
TELESTE CORPORATION INVESTOR NEWS 30.5.2017 AT 15:00STOFA AND TELESTE TO AGREE ON DELIVERY OF NETWORK PRODUCTS AND SERVICES FOR STOFA’S DOCSIS 3.1 NETWORK UPGRADE Teleste has signed a frame agreement with Stofa to deliver the next generation network products and services for Stofa’s cable network upgrade to the new DOCSIS 3.1 technology. The agreement is a continuation of a long product-related cooperation between Teleste and Stofa, which is now being extended with detailed network design services. The value of the 2-year agreement is expected to exceed EUR 7 million. Stofa is