Valdor Subsidiary TELEVAL Receives Strong Demand in Mexican Fibre Optics Market
May 12, 2015 – Vancouver, B.C.Valdor Technology International Inc. (“Valdor”) (TSX: VTI-V) (OTC: VTIFF) (Frankfurt: VZAA) is pleased to report that Valdor and its Mexican subsidiary, TeleVal Communication Technologies (“TeleVal”), is receiving strong demand for optical fibre products in the Mexican market.
TeleVal management is in advanced discussions with the Mexican division of an internationally recognized electronics company for TeleVal to be their Mexican passive optical fibre vendor. And during the past few weeks, TeleVal management has replied to several RFQ’s (requests for quote) including one valued at more than US$500,000.
The Mexican telecommunications market, including services, is currently about $35 billion/year and is projected to grow at about a 30% rate for the next few years.
Mr. Jaime Alejandro Gomez Nuñez, Director – TeleVal, states: “Growth in the Mexican optical fibre market is accelerating. With the roll out of fibre-to-the-premises, during the past few weeks, we have experienced several great new opportunities. Here in Mexico we are in the initial phase of a very exciting business environment.”
Some of the anticipated solutions and product leaders that TeleVal will provide include: attenuators, splitters, cable assemblies, jumpers, enclosures, high density fibre management systems, wave division multiplexers and dense wave division multiplexers. The TeleVal target markets include: telecommunications, aerospace, medical, government, security, data storage and cloud, commercial and industrial.