Karl Thedeen. CEO of Transmode on the importance of “looking public” before you float.
Big comms companies are so worried about the ongoing global economic slowdown that some of them are either delaying or shelving long-held plans to go public. However, Swedish company, Transmode, has bucked the trend and has recently completed a highly successful IPO.
As Transmode's CEO, Karl Thedeen, told Martyn Warwick, the money raised by the floatation is being used to further develop highly efficient fibre access infrastructure and mobile backhaul technologies that will bring 1Gbit/s speeds to every base station.The first big customer for this new technology is Virgin Media in the UK.
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