The total value of the agreement is estimated up to EUR 15 million within the years 2015-2019. The agreement is an extension to a previous framework agreement with Telenet. The Giga network investment is intended to provide at least 1 Gbps broadband speeds for Telenet subscribers over the coming years.
Teleste has reached a framework agreement with Belgian cable operator Telenet on access network product deliveries for the Telenet Giga network investment known as "de grote netwerf". Under the agreement, Teleste will provide Telenet with amplifiers designed to enable delivery of DOCSIS 3.1 broadband services. Telenet's intent is also to include Teleste passive products within the agreement.