ANDHRA PRADESH, India -- DASAN Network Solutions (CEO, ChoonYul Yoo), a global network solution provider and a subsidiary company of DASAN Networks (CEO, MinWoo Nam), lands a network infrastructure business in India, collaborating with APSFL (Andhra Pradesh State FiberNet Limited), a telecom operator in Andhra Pradesh (AP) state.

DASAN Network Solutions announced that it had signed an MOU (Memorandum of Understanding) with APSFL on the 23rd of June for building a network infrastructure in Andhra Pradesh(AP) state, India.

As a national policy ‘Digital India’, Indian government is investing USD18 billion until 2019 in connecting the nationwide with ultra-fast Internet.

Recently, Andhra Pradesh (AP) state is being highlighted as a key spot for investment as it shows 2-digit growth for 4 consecutive years among the 29 states in India. AP state has chosen DASAN Network Solutions as a strategic partner for its extensive network infrastructure business plans.

Based on the agreement, DASAN and APSFL will establish a joint venture and a production facility for network equipment in AP state. DASAN Network Solutions plans to supply network equipment with its localization strategy to India’s main areas including AP state, while the state expects the benefits from production technology transfer and job creation.

DASAN Zhone Solutions Inc.