Wave7, Philips Forge Alliance

Have formed a strategic alliance focusing on developing and promoting high-bandwidth, fiber-deep networks

July 11, 2001

1 Min Read

CHICAGO -- Philips Broadband Networks, Inc. and Wave7 Optics, Inc. announce that they have formed a strategic alliance focusing on developing and promoting high-bandwidth, fiber-deep networks that effectively eliminate the current cost barriers and implementation barriers faced by network operators in deploying Fiber-to-the-Home (FTTH) and Fiber-to-the-Business (FTTB) solutions. “In looking for a partner in last mile optical access, we found Wave7 Optics to have the most cost-effective, feature-rich and practical solution. The alliance between Wave7 Optics and Philips provides network operators a means to deploy with confidence a future-proof fiber-access network,” stated Michael Senken, President and CEO of Philips Broadband Networks. “Leveraging Philips’ optical infrastructure, semiconductor, and in-home electronics competencies with Wave7 Optics’ unique approach to standards-based IP networking creates a service-enabling platform that paves the way for network operators to offer a growing menu of advanced, high-margin services.”Philips Broadband Networks Inc.Wave7 Optics Inc.

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