Second Canadian Telecom Evaluating Valdor Splitter
November 6, 2013 – Vancouver, B.C.Valdor Technology International Inc. (“Valdor”) (TSX: VTI-V) is pleased to report that Valdor’s operating subsidiary, Valdor Fiber Optics, Inc., has delivered a Valdor harsh environment fibre optic splitter to a second Canadian telecom company. This sample device will be evaluated by this telecom to determine if it is a solution for their on-going splitter problems.
Mr. Ron Boyce, VP Sales & Marketing/Director, states: “Our confidence in our technology is now beginning to bear fruit with a second Canadian telecom now evaluating our harsh environment splitters. Reliability and quality are the most important pre-requisites for the Canadian telecoms and Valdor’s harsh environment products have proven that they can meet and exceed their technical requirements.”
There are ten regional and national telecoms in Canada; ranging from the government owned SaskTel to the national and publically owned Bell Canada. Currently, the telecom FTTx market accounts for about 80% of global fibre optic expenditures. In North America fibre-to-the-home is at only 5% penetration. For the vendor, the telecom market is a difficult one to penetrate due to its extensive requirements for high quality products and services. It is estimated that the telecom market for passive and active FTTx products, for Canada only, will be in excess of $300 million/year, for at least the next five years. The telecom FTTx market is much larger in the USA.
For medical reasons, Mr. Ralph Kettell has resigned as a Director and Officer of Valdor. The Valdor Board and Management thank him for his many years of support and assistance and wish him the best of health in the near future. He will continue to provide services and support.