Net Insight receives its first order from Norkring amounting to 20 MSEK, and NTV has now formally received the concession for digital TV in Norway
7/11/2006, Net Insight has received a first order from Norkring for delivery of equipment to the Norwegian digital terrestrial TV network. The order has an order value of approximately 20 MSEK, and deliveries will start during the fourth quarter.
Net Insight announced on May 22 that a frame agreement had been signed with Norkring regarding delivery of equipment to the transport network for the Norwegian digital terrestrial TV network. The frame agreement concerns the delivery of 400-700 Net Insight Nimbra nodes during 2-3 years. The frame agreement was subject to that the concession would be given to NTV for digital broadcasting and that they would give the assignment to Norkring to build and operate the Norwegian digital terrestrial TV network.
The concession for digital terrestrial TV in Norway was given to NTV (Norway´s television AS), owned by NRK, TV2 and Telenor, in the beginning of June. NTV has now given the assignment to Norkring to build the digital terrestrial TV network.
“Net Insight has a very strong development within the area of digital terrestrial TV”, said Fredrik Trägårdh, CEO of Net Insight. “We have now delivered equipment for digital terrestrial TV networks to several countries, among others the Netherlands, Germany, Denmark, Finland, and today we announce the first significant order within the frame agreement for the large build-out in Norway. We have won these projects in strong competition with other technologies and large companies, which gives us a great position for further success.”
About Net Insight
Net Insight develops video, voice and data networking equipment that delivers guaranteed 100% QoS with maximum network utilization and multicast to provide a network that can efficiently and economically deliver advanced video services such as HDTV, Video on Demand and Digital Television combined with Internet and voice traffic. Our Nimbra platform enables our customers to launch new revenue generating TV and video related services for Broadcast TV, CATV, Telco Triple Play and DVB-T with significantly reduced CAPEX and OPEX. Net Insight is quoted on the Stockholm Stock Exchange´s O list and has offices in Sweden and the USA. For more information, visit www.netinsight.net
- Contact Information
- Fredrik Trägårdh
- Net Insight AB
- Contact via E-mail
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