Ericsson and Lina.Net close one of the largest "Fiber To The Home" contracts ever

Ericsson and Lina.Net close one of the largest "Fiber To The Home" contracts ever Ericsson and Icelandic network operator, Lina.Net, have joined in a ground breaking contract on delivery of "Fiber To The Home" in Reykjavik worth SEK 120 million - one of the most extensive "Fiber To The Home" contracts to date. It is also the first project that brings fiber-optical network to a whole area in a big city. With up to 100 megabit band width in the new fiber network, the citizens of Reykjavik will benefit from services such as Digital TV, Video-on-demand, high-speed Internet access (100Mbps), advanced security systems, home shopping and education. "We are proud of this break through on Fiber To The Home. People have been talking about Fiber To The Home for a long time. Now, we are able to offer it to thousands of citizens in Reykjavik, and we see great global perspectives in our solutions", says Eirikur Bragason, Managing Director in Lina.Net. To Ericsson, the agreement constitutes another success for the trademark on optical fiber network, Ribbonet . "We are very happy to deliver the concept for one of the most innovative and largest Fiber To The Home deals to date. Ericsson provides a total solution including all aspect from network design to delivery of cables and other components," says Brian Madsen, Product Group Manager, Ericsson Components Distribution. "Broadband technologies will empower home communication far beyond what is possible today. Consumers will be 'always on' and have vast selection of services for entertainment, shopping, home working and much more - with no waiting times," says Brian Madsen. Lina.Net was founded by the Reykjavik Energy Company just a year ago in order to provide services for companies in the telecommunication market. "Creating one of the biggest Fiber To The Home projects ever is well in line with Lina.Net's strategy of being the leader in connecting homes through fiber-optical network," says Eirikur Bragason. Ericsson is the leading communications supplier, combining innovation in mobility and Internet in creating the new era of Mobile Internet. Ericsson provides total solutions covering everything from systems and applications to mobile phones and other communications tools. With more than 100,000 employees in 140 countries, Ericsson simplifies communications for customers all over the world. Read more at http://www.ericsson.com/pressroom FOR FURTHER INFORMATION, PLEASE CONTACT Ole Selchau, Press Officer, Ericsson Denmark Phone: +45 23 32 12 16; E-mail: ole.selchau@ericsson.dk Mads Impgaard Madsen, Press Manager, Ericsson Phone: +46 8 719 0626; E-mail: mads.madsen@lme.ericsson.se Eirikur Bragason, Managing Director, Lina.Net Phone: +35 4 695 1050; E-mail: eirikur@lina.net About Lina.Net Lina.Net is a Network Operator which has built a high-capacity backbone structure with access over the Cantat-3 ocean cable to Europe and USA. The main objectives of the company are to establish a carrier system for telecommunications within the Reykjavik Metropolitan area, and to establish a distribution system for telecommunications within residential areas. About Fiber To The Home The Fiber To The Home network system comprises network products for feeding one fiber pair to each subscriber in a full star configuration. This can be carried out in any kind of environment, in apartment buildings or in residential districts, with aerial cable installations on poles or with cables buried directly. Fiber ribbon technology, including fiber ribbon cabling, is used throughout the network system. This reduces construction time and cost, since the installers need only handle multiple fibers in ribbons as opposed to individual fibers. ------------------------------------------------------------ Please visit http://www.bit.se for further information The following files are available for download: http://www.bit.se/bitonline/2000/07/10/20000710BIT00510/bit0001.doc http://www.bit.se/bitonline/2000/07/10/20000710BIT00510/bit0002.pdf