EoW March 2012

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EuroWire – March 2012 10
News
Corporate
Multi-city deal to extend
Dutch fibre networks
Prysmian Group, a leader in the energy
and telecom cables and systems industry,
has signed a new FTTH deployment
contract with VolkerWessels Telecom, the
telecoms division of Dutch construction
company VolkerWessels.
The contract will be executed by Draka,
which became part of the Prysmian Group
in 2011.
In the first Dutch multi-city agreement
of its kind, Draka becomes the sole
partner of VolkerWessels Telecom for a
series of FTTH projects that will bring
next generation broadband closer to an
additional 48,000 homes in five townships
throughout the Netherlands, with a
possible extension to 63,000 households.
Construction was scheduled to begin in
phased stages in January, and is expected
to be completed by the end of 2012.
These latest regional networks are an
expansion of the Reggefiber nationwide
fibre network, which currently covers 110
municipalities in the Netherlands.
“We’re pleased to appoint Draka as our
trusted partner for this extensive FTTH
project,” said Arjan ten Hove, director
VolkerWessels telecom FTTH.
“Draka and VolkerWessels have
established a close working relationship
based upon past successes. We will
build upon this with this first multi-city
arrangement that allows us to work
closely on joint innovations for these
townships and communities.”
Under the recently signed agreement,
Draka will be responsible for the entire
materials requirement of VolkerWessels
Telecom FTTH projects over the coming
year.
Draka will provide materials from
an extensive portfolio for passive
infrastructure deployment to townships
and communities throughout a total of
five regions in the centre and north east
of the country.
“Providing quality solutions which
control CAPEX and OPEX of passive
network installations meets our network
partner demands for lower total cost of
ownership,” said Mischa Vos, commercial
director, Benelux, Prysmian Group,
telecom solutions.
“For complex FTTH access network
roll-outs, flexibility and close partnerships
with customers are key to successful
innovation and installations.”
Draka estimates that the project
requirements will include over 1,100km of
fibre cable and 6,200km of direct buried
fibre access cable, together with the ducts,
micro-tubes, ODF drawers and cabinets
required to complete the installation.
This offers a protective, convenient
solution to bring the retracted fibre
over the last section from the trench to
customer homes when they agree to be
connected.
Prysmian Group – Italy
Email:
Website:
The management board and the supervisory board of ADVA AG Optical
Networking have resolved to propose to the upcoming annual general meeting
in May on converting the company into an SE (Societas Europaea, a public
limited-liability company under European law), named ADVA Optical Networking
SE.
Shareholders of ADVA AG Optical Networking will automatically become
shareholders of ADVA Optical Networking SE. There will be no relevant changes
to shareholders’ rights, and there are no changes to the manner or content of
financial reporting as a result of the conversion to an SE legal entity.
ADVA Optical Networking is a German-based global provider of intelligent
telecommunications infrastructure solutions. The management board considers
an SE legal entity to be a modern legal form for a global corporation with
headquarters in Europe.
The planned conversion is a natural step in respect of the company’s global
sales, development and operations activities. More than 60% of ADVA Optical
Networking’s employees work abroad and around 75% of the company’s
revenues are generated outside Germany.
The conversion will enhance the flexibility of ADVA Optical Networking’s
organisational structure. In particular, having converted into an SE will allow it
to use the same legal form for the incorporation of subsidiaries when expanding
business within the European Union.
As an SE legal entity, ADVA Optical Networking will be able to opt for a more
efficient single tier board structure, although the company does not plan to do
this immediately following its conversion. The company’s registered offices and
headquarters will remain in Germany for the foreseeable future.
In the invitation to the upcoming Annual General Meeting, to be published in
April, the company will provide its shareholders with more detailed information
on the conversion of the company’s legal form.
ADVA AG Optical Networking – Germany Fax: +49 89 89 06 65 699
Website:
ADVA Optical Networking
lwill convert into a
lEuropean company