Vancouver, Canada based Lite Access Technologies Inc.(TSX VENTURE: LTE) (OTC PINK: LTCCF), which provides fiber-to-the-home (FTTH) and other optical access network installation services using its microduct and narrow trenching expertise, says it has signed a contract with Carillion telent to participate in the Openreach Superfast Cymru fiber to the premises (FTTP) deployment in Wales.
Openreach is the business unit of BT responsible for the deployment, upkeep, and maintenance of BT's access network infrastructure and the subject of recent regulatory scrutiny (see "Openreach to separate from BT"). The United Kingdom's Carillion telent is a network installation business and Openreach's main delivery partner for BT's fiber-optic broadband network management, maintenance, and upgrading since 2010. The company delivers support to Openreach and works directly with the sub-contractors to provide service. Openreach's contract with Carillion telent has enabled the business unit to evolve from the use of five regional suppliers to a single nationwide service provider.
Lite Access recently worked on a fiber-to-the-premises (FTTP) network installation project in Wrexham for a key UK telecom service provider, and says its FTTP installation will be part of Carillion telent's £1.5 billion engineering deal with Openreach (BT) for England and Wale, which was announced in February 2017. The company expects this installation to lead to further work in the telecom sector and recently expanded its presence in the UK to take better advantage of such opportunities (see "Lite Access Technologies raises cash, provides FTTH project updates").
"We look forward to working with Carillion telent to support Openreach in delivering its objectives for further enhancing the services it provides for its customers," said Mike Plotnikoff, Lite Access's CEO. "The UK is a critical market for Lite Access and our strategic partnership with Carillion telent is a transformational event for our Company."
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