Valdor receives order from Canadian telecom

Aug 27, 2013

INITIAL PURCHASE ORDER FROM CANADIAN TELECOM

Valdor Technology International Inc.’s operating subsidiary, Valdor Fiber Optics Inc., has received an initial purchase order from a Canadian telecom company. In January, 2013, this telecom installed several units of one of Valdor’s harsh environment products into its fibre network and these units have met or exceeded all technical requirements. This purchase order has been filled and discussions are continuing relative to the purchase of additional quantities of this and other Valdor products, to help this telecom meet its FTTx (fibre to the home, fibre to the curb, fibre to the business) installation needs. There are 10 regional and national telecoms in Canada, ranging from the government-owned SaskTel to the national and publically owned Bell Canada. Currently, the telecom sector, as it relates to FTTx, is the largest global market for fibre optic products, and this telecom FTTx market accounts for about 80 per cent of global fibre optic expenditures. In North America fibre to the home is at only 5-per-cent penetration. For the vendor, the telecom market is a difficult one to penetrate due to its extensive requirements for high-quality products and services. It is estimated that the telecom market for passive and active FTTx products, for Canada only, will be in excess of $300-million per year for at least the next five years. The telecom FTTx market is much larger in the United States. Valdor’s objective is to capture a significant share of this market.

Ron Boyce, director/vice-president, sales and marketing, stated, “I see this as a gateway purchase order for Valdor ultimately doing more business with this specific telecom, but in the big picture, for us doing significant business with other Canadian, North American, Central American and South American telecoms.”

http://www.valdor.com/fiber-optic-connectors.php?type=2&page=news&chc=6