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April 05, 2006
Big Deals Fast Track PacketFront's Sales
Sweden's Packetfront has been on our radar since it raised its last round of finance, back in June 2004, so we take note when we see it ramping up sales. It is benefitting from the triple play broadband rollouts underway in Northern Europe and has just sold a $5M initial contract to a Swedish provider, on top of selling €23M worth of gear to a Danish broadband provider, enabling the firm to exceed last year's total annual sales figure in its first quarter 2006.
The unassuming PacketFront broadband box for the home
Packetfront, founded in 1999, expects to generate sales of €43M this year. Its currently hiring for a US expansion.
The fiber broadband firm lays claim to a competitively priced product line that covers gear for the home, as well as software and hardware for the network provider.
It's investors include Amadeus Capital and TLCom, both UK funds.
A Packetfront router supports TV over xDSL, while being able to aggregate networks running WiFi, WiMax, Ethernet over Coax, and Broadband over power lines, for operators that running mixed broadband rollouts.
GigaOm has a good post on the revival of interest in fiber broadband players this week with a US perspective.
Read -SWEDEN.SE - Capital sows the seeds of rapid growth
Read- Good Times Almost Back (gigaom)
Posted on April 5, 2006 09:21 AM | Posted to Broadband Networks | Hardware | Permalink
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