EoW March 2012

News Corporate Multi-city deal to extend Dutch fibre networks

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 : marketing.telecom@prysmian.com Website : www.prysmiangroup.com

director,

Benelux,

Prysmian

Group,

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. 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. which control CAPEX and OPEX of passive network installations meets our network partner demands for lower total cost of ownership,” said Mischa Vos, commercial “Draka and VolkerWessels “Providing quality solutions

telecom solutions.

“For complex FTTH access network roll-outs, flexibility and close partnerships with customers are key to successful innovation and installations.” project requirements will include over 1,100km of fibre cable and 6,200km of direct buried fibre access cable, together with the ducts, Draka estimates that the

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 : www.advaoptical.com ADVA Optical Networking l will convert into a l European company

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EuroWire – March 2012