Waystream Holding AB: Waystream has signed a framework agreement with Telia Company
Press release 22 December 2022
In 2022, Telia Company conducted a tender to procure new access switches for its Nordic and Baltic operations. Waystream was selected and has now signed a three-year framework agreement.
The framework agreement between Telia Company and Waystream includes the entire Waystream product portfolio, which comprises its 24 and 48 port 1, 2.5, and 10 Gbit/s P2P access switches for both fibre and copper cabling, SFPs, and associated support services.
"We at Waystream are delighted and proud that Telia Company has selected us as their framework agreement supplier of access switches for both fibre and copper switches for the coming years in the Nordic and Baltic region. As a smaller Swedish supplier, it is especially pleasing that we can meet the high demands that the leading Nordic operator places on its suppliers. Throughout the procurement process, it has been clear that Telia has high ambitions regarding quality, functionality, availability, and cost control as it builds the next-generation fibre networks for its customers," says Fredrik Lundberg, CEO of Waystream.
"The fact that Telia appreciates Waystream's hard work on sustainability, where our access switches are 100% climate neutral, and that we have moved most of our production back home to Sweden is particularly gratifying. For us, it is important that everyone in the fibre and telecom industry takes their environmental responsibility, and we appreciate that Telia shares our values in the field," says Fredrik Lundberg.
In the framework agreement, there are no guaranteed volumes or contract values to be communicated. Instead, these are ordered as and when required.
For more information, please contact:
Fredrik Lundberg, CEO
Tel: +46 (0) 72 509 27 76. E-mail: fredrik.lundberg@waystream.com
Susan Rose, Press Contact
Tel: +46 (0) 73 300 30 10. E-mail: susan.rose@waystream.com
About Waystream
Waystream is a Swedish company that develops and sells advanced digital infrastructure, such as switches and routers, adapted for the FTTx market. With our products and our expertise, it is possible for telecom operators and service providers to offer fast and reliable services to the user. Read more at www.waystream.com
The company's stock is listed on Nasdaq First North under the ticker WAYS. Waystream's Certified Adviser is FNCA Sweden AB.
About Telia Company
Telia Company is a technology pioneer digitalising society for the past 160 years. Today, Telia has 20 000 talented colleagues serving 25 million customers across the Nordic and Baltic region with essential digital infrastructure and services that are fundamental enablers of the digital societies we all live in. Telia is the telecommunications leader in the region, the leading Nordic media house, and the ICT market leader in both Finland and the Baltics.