Teledata Networks Enters the Chinese Market with $20M deal
24 February 2010 - 12:00AM
PR Newswire (US)
HERZLIYA, Israel, February 23, 2010 /PRNewswire-FirstCall/ --
Teledata Networks, a leading global provider of innovative
Multiservice Access solutions for Next Generation Networks (NGN),
has today announced that it has expanded its activity to the
Chinese market, by entering into an OEM agreement with Dalian
Huanyu Sunshine Group Co., Ltd, a leading Chinese telecommunication
equipment vendor. The partnership has already yielded a first
project of $20M for the delivery of multiservice access systems to
a major Chinese Telecom Operator. Within the framework of this OEM
agreement Huanyu Sunshine will integrate Teledata Networks'
multiservice platforms into its portfolio, enabling the company to
offer a comprehensive NGN migration solution to the Chinese
Telecommunication Operators. The first awarded project includes the
delivery of hundreds of BroadAccess systems which will be deployed
in multiple cities in China to provide a range of Telephony and
broadband services over NGN network. As part of the award Teledata
Networks will supply its new and most advanced MSAG platform,
BroadAccess-1000E. The platform offers an ideal solution for the
Chinese market's growing demand for advanced services, through the
implementation of high-speed Ethernet design, advanced VoIP and IP
capabilities, and the support of a wide range of voice and
broadband services. By incorporating the multi-functionalities of
an MSAG and IP-DSLAM, BroadAccess-1000E enables the efficient
delivery of a complete set of triple-play applications for
residential and business customers. "The combination of Huanyu
Sunshine's exceptional capabilities and telecom expertise along
with Teledata Networks superior access platforms provides us with
the optimal solution for our customers" said Mr. Zhou Quanli,
President of Huanyu Sunshine. "The inclusion of the BroadAccess
product family to our portfolio enables us to extend our
comprehensive range of end-to-end solutions and stay ahead of the
Chinese market needs." "We are delighted to have been chosen by
Huanyu Sunshine as their Access provider for the Chinese market,"
said Mensahe Yosephi, EVP Sales and Marketing of Teledata Networks.
"We are confident that BroadAccess-1000E is the ideal system for
the Chinese operators' needs, seeking accelerated migration towards
Triple Play services and NGN deployment." "This win is a
significant achievement for Teledata Networks," said Eran Ziv, CEO
of Teledata Networks, "China is the leading worldwide market for
voice and broadband platforms and our penetration into this market
will accelerate the company's continuous growth." About Teledata
Networks Teledata Networks is a leading global provider of
innovative Multiservice Access solutions for Next Generation
Networks. The company provides unique solutions for telecom
operators and service providers in accordance with their needs, to
enhance their competitive edge. Teledata Networks has accumulated a
wide installed base, spanning millions of lines in over 55
countries worldwide. Its 27 years of experience have yielded
outstanding technological leadership, a high level of expertise and
a strong foundation of intellectual property. Teledata Networks is
a private company, in which the major shareholders are the Kardan
group (Euronext: KARD), Elron Electronic Industries (NASDAQ: ELRN)
and Infinity Venture Capital Fund. Learn more about Teledata
Networks at http://www.teledata-networks.com/. For further details,
please contact: Valerie Behrman, Tel: +972-9-959-1761, DATASOURCE:
Teledata Networks Ltd CONTACT: For further details, please contact:
Valerie Behrman, Tel: +972-9-959-1761,
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