Business
Lite Access Technologies Receives $275,000 Purchase Order from Telecommunication Services of Trinidad And Tobago
(via Thenewswire.ca) October 5, 2015 / TheNewswire / Vancouver, British Columbia. ...
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[{"type":"text","content":"Lite Access Technologies Receives $275,000 Purchase Order from Telecommunication Services of Trinidad And Tobago(via Thenewswire.ca)\n \n \nOctober 5, 2015 / TheNewswire / Vancouver, British Columbia. LITE ACCESS TECHNOLOGIES INC. (the \"Company\") (CSE: LTE, Pink Sheets: LTCCF) is pleased to announce the receipt of a purchase order in the amount of approximately Cdn$275,000 from Telecommunication Services of Trinidad and Tobago (TSTT). This order is for the provision of Lite Access microducting products required for a Fibre to the Home (FTTH) deployment in the Caribbean island of Trinidad and Tobago. This constitutes the third such sale in a successful business partnership between Lite Access and TSTT that will provide an additional 250+ homes with connectivity to the existing fibre backbone. \n\n\n \nMichael Priest, CEO of Lite Access states, \"We are very pleased TSTT has chosen to increase their fibre deployment using our best-in-class technology so they meet the ever-increasing demand for connectivity from their client-base. We greatly appreciate the long-term relationships that we have built with TSTT and other valued partners across the globe and look forward to providing them with the products and services they need to ensure that they can deliver the most \"future-proof\" network possible for their customers.\"\n\n\n \nAbout TSTT\n\n\n \nTelecommunications Services of Trinidad and Tobago Limited (TSTT) is the largest provider of communications solutions to the residential and commercial markets of Trinidad and Tobago. TSTT is jointly owned by National Enterprises Limited (NEL) which in turn is majority owned by the Government of Trinidad and Tobago, and Cable & Wireless (West Indies) Limited, (C&W). \n\n \n \nAbout the \"Fibre to the Premise\" and \"Fibre to the Home\" industry\n\n\n \nFibre to the Premise (FTTX) and Fibre to the Home (FTTH), sometimes referred to as \"the last mile\", is the delivery of a communications signal over optical fibre from the operator's switching equipment all the way to a home or business, thereby replacing existing copper infrastructure such as telephone wires or coaxial cable. FTTX is a rapidly growing method of providing vastly higher bandwidth to consumers and businesses, and thereby enabling more robust video, internet and voice services.\n\n \n \nBillions of dollars are being...