Teleste at IP Cable World Summit 2012: Data Over Coax Key to Achieve EU's Broadband Goals

TURKU, Finland, November 14, 2012 /PRNewswire/ --

- Data over Coax technologies are the most economically sound solution to reach EU goal of bringing broadband to all EU citizens, but sorely need common rules and standards

At the IP Cable World Summit 2012, Teleste, an international technology group specialised in broadband video and data communication systems and services, will bring forward its Data over Coax solutions and technologies, which enable operators to bring fibre level broadband connections to consumers by utilizing existing cable infrastructure within buildings. Data over Coax is one of the keys in realizing EU's goals for universal broadband access across Europe, but clear rules are needed for the use, maintenance and sharing of cable assets across the continent. Teleste welcomes you to learn more in Berlin 27-28 November 2012.

In the "Digital Agenda for Europe" strategy, EU has set a goal that by 2020, all EU citizens should have download rates of 30 Mbps, with at least 50 percent of European households subscribing to internet connections above 100 Mbps. However, only 5 percent of European households have connections of 30 Mbps or above currently.

"Meeting these goals can prove difficult and costly without the right technology decisions. Fibre to the Home is a good choice in new apartment buildings, but it is far too expensive to be economically viable in existing buildings. There is a solution however: by using existing coaxial cabling and Data over Coax technologies, the cost of bringing fibre level connections to existing buildings can be cut down to one fifth or less, compared to using fibre all the way", said Hanno Narjus, SVP, Video and Broadband Solutions, Teleste.

"However, the coax infrastructure is not optimally utilized within European footprint: building owners and legislators do not realize how valuable an asset they have in the coaxial cabling, and moreover, how this valuable asset could be maximally utilized. The European countries need common standards and a clear set of rules on the use, sharing and maintenance of this valuable asset. The technology decisions that will be made during the next few years will determine whether Europe will remain competitive as an information society", Narjus concluded.

Teleste has been a pioneer in the field of Data over Coax technologies. The first generation of products and field deployments were launched in 2006-7 and the company is now planning its 2nd generation products which offer greatly improved performance as well as solid standards. Teleste is the optimal partner for network operators providing broadband connections as it can provide not only the products, but also ensure successful planning, implementation and maintenance of the Data over Coax solutions across Europe.

About Teleste

Teleste is an international technology group founded in 1954, specialised in broadband video and data communication systems and services. The group is active in two business segments, Video and Broadband Solutions and Network Services; in both fields, we are among the global leaders. Video is at the core of our business activities, with a focus on the processing, transmission and management of video and data for operators and public authorities who provide multiple video-related information, entertainment and security services to end-users. Video and Broadband Solutions business segment has the emphasis on product solutions for broadband access networks, video service platforms and video surveillance applications. Network Services segment deliver comprehensive network service solutions including new construction, rebuilding, upgrading, planning and maintenance services of cable networks. In 2011 the group's net sales totaled EUR 184 million and the group employed 1319 persons at the year-end. The company has approximately 30 offices world-wide and over 90% of Teleste's net sales are generated outside Finland. The company is listed on the NASDAQ OMX Helsinki Ltd. http://www.teleste.com for more information.

Press Contact
Mirkka Lamppu
Manager, Communications
+358-40-748-8719
mirkka.lamppu@teleste.com