Lite Access Technologies Provides Update on United Kingdom https://www.marketwired.com/press-release/lite-access-technologies-provides-update-on-united-kingdom-expansion-tsx-venture-lte-2186151.htm VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan. 4, 2017) -
Note to editors: There is a photo associated with this press release.
LITE ACCESS TECHNOLOGIES INC. (the "Company") (TSX VENTURE:LTE)(OTC PINK:LTCCF), a total integrated fibre optic solutions provider, is pleased to provide an update on its international expansion to the United Kingdom.
In its first 100 days in operation in the UK, Lite Access Technologies UK Ltd. (LATUK) has been incorporated as a company, set up offices and storage facilities, hired and trained staff in North Wales and invested significant capital in new plant and equipment to support its first customer deployments in connection with a major operator rolling out superfast, fibre to the home in the UK.
LATUK has completed over 100 homes of a large-scale project for a major UK network operator in a new roll out area in Wrexham, Wales.
The Company is also pleased to announce the appointment of Dylan Griffiths to the position of Managing Director of Lite Access Technologies UK Ltd. Mr. Griffiths, formerly the Company's Chief Operating Officer, is currently establishing the Company's business to provide advanced network installation services to the telecommunications industry in the United Kingdom. A former British Telecommunications Engineer with more than 25 years of fibre optic experience, Dylan has established a strong track record of securing long-term relationships with telecoms, internet service providers (ISPs) and municipalities, and of successfully establishing construction teams that strive to be innovative and professional in their approach to fibre network implementation.
"Our decision to enter into the UK market has proven to be a successful and ever expanding initiative," stated Mike Plotnikoff, CEO of Lite Access. "After extensive due diligence and forming strategic relationships with flexible and forward thinking companies, our proven technologies and method of installation, namely micro-trenching, is regarded as the solution of choice for fibre connectivity and enables rapid installation for aggressive fibre-to-the-home (FTTH) rollouts that are underway in many parts of the world."