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Lite Access Technologies Announces New Partner in Sweden

(via Thenewswire.ca) Vancouver, British Columbia / TheNewswire / February 4, 2016 - ...

articleIronman International Ltd.February 4, 20163/company/ironman-international-ltd/news/lite-access-technologies-announces-new-partner-in-sweden
Lite Access Technologies Announces New Partner in Sweden

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[{"type":"text","content":"Lite Access Technologies Announces New Partner in Sweden(via Thenewswire.ca)\n \n \nVancouver, British Columbia / TheNewswire / February 4, 2016 - LITE ACCESS TECHNOLOGIES INC. (the \"Company\") (CSE: LTE, Pink Sheets: LTCCF) is pleased to announce a new partnership with its first certified European installation and sales Partner, headquartered in the Vansbro Municipality in central Sweden, to cover the Swedish telecommunications market for the sale and installation of Lite Access microduct solutions.\n\n\n \nCanoma AB, is a full-service telecom integration consultant specializing in Fibre to the Home (FTTH) and Fibre to the Business (FTTB), with over 15,000 FTTX connections successfully completed, an experienced team and an enviable track record of producing excellent work.\n\n \n \nMike Plotnikoff, CTO of Lite Access, states, \"We are exceptionally pleased to have completed this new partnership arrangement with the professionals at Canoma, and look forward to working with them on the multitude of FTTH projects that are currently being planned in Sweden. Importantly, this marks the first European partnership for our growing company, and we will continue to diligently expand the Lite Access footprint in Europe by joining forces with additional high quality partners like Canoma.\"\n\n \n \nInformation on the Swedish FTTH market\n\n \n \nThe number of fiber-to-the-home (FTTH) subscribers in the European region is set to more than double during the next five years as the pace of rollout picks up, according to a new report compiled for the FTTH Council Europe.\n\n \n \nSweden has a vast number of installed FTTH connections both in rural and suburban areas. There are estimated to be more than 1000 community broadband networks in Sweden, either under construction, completed or planning to expand, according to the Swedish Broadband Forum. The Swedish Government has decided that more than 90 % of the Swedish population are to be fibre connected, with a minimum capacity of 100 mbps, by 2020.\n\n\n \nThe 'fibre to the village' concept, which began around six years ago, is one of the main factors behind the dramatic increase in the number of community-owned fibre networks in Sweden. Started by the Swedish Urban Network Association (SSNf) together with the Federation of Swedish Farmers (LRF), the project encourages community groups to 'take...

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