Finnish VDSL Developer Moves Into Scandinavia

[London, ENGLAND] Finland’s pioneer of “Very-high-speed
Digital Subscriber Line” technology
VDSL Systems said
Friday it has expanded into Denmark to serve the whole
Scandinavian region.

From Denmark, VDSL will provide service not only to Danish,
Swedish and Norwegian markets but also to the Faeroe Islands
and Iceland.

VDSL Systems offers a range of Ivalo Rapid products that
can be deployed to create fast leased line access connections
to the Internet and other IP networks.

Jussi Autere, chief executive of VDSL Systems, said the Nordic
countries are “miles ahead of the rest of Europe” in using new
technologies like the Internet, mobile communication and broadband.

“As ADSL subscriptions are accelerating, these markets are now
ready to exploit the next step with DSL technology, that is to
say Real Broadband with speeds of 10-26 Mbit/s,” said Autere.

Auter went on to explain that the technology will allow video
mail (v-mail), Video on Demand and central office access from
the home, while still keeping the line open for traditional
telephony activities.

By re-using the existing copper infrastructure, VDSL Systems
enables telecoms companies such as Tele Denmark, Telia and Telenor
to supply a new service at minimal cost. It claims that
VDSL technology can run uplink speeds at over thirty times
the speed of ADSL.

Based in Copenhagen — a major networking hub for fiber optic
network connections — VDSL Systems’ new subsidiary is managed
by Thomas Degel.

In July 2000, venture capital fund Kennet Capital invested
in VDSL Systems, taking its financing to over $2.5 million.
Other investors include SFK Finance, which was recently
acquired by 3i.

Founded in 1999, VDSL Systems expects to employ around 40
people by the end of 2000, some of whom will work at its branch
in California.

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