leadf
logo-loader
viewLite Access Technologies

Lite Access's technology to be trialled in the UK

ScottishPower is looking to replace its current overhead lines system

757z468_lite_access.png
Lite Access makes micro-trenches

Fibre optic broadband installer Lite Access Technologies (CNSX:LTE) is looking to move into the UK market with its latest trial with ScottishPower.

ScottishPower is looking to replace its current overhead lines system in forested areas where lines damaged by fallen trees are frequently in need of repair.

SP Energy Networks, a division of ScottishPower, has agreed to trial Lite access’s micro-trenching technology, which cuts a one-and-a-quarter inch wide by 14-inch deep gap to fit fibre optic cables.

The significantly cheaper, and less disruptive, method allows the firm to place up to 500 metres (m) of fibre a day at around a third of the cost of traditional methods.

It then uses compressed air through tube systems to blow the fibre to its end point.

Eifion Griffiths, head of resources and work planning at SP Energy, said the aim is to “develop a high quality and reliable alternative to the overhead cables we currently use to service our over 3.5mln clients”.

Quick facts: Lite Access Technologies

Price: 0.73 CAD

TSX-V:LTE
Market: TSX-V
Market Cap: $43.71 m
Follow

Add related topics to MyProactive

Create your account: sign up and get ahead on news and events

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of Lite Access Technologies named herein, including the promotion by the Company of Lite Access Technologies in any Content on the Site, the...

FOR OUR FULL DISCLAIMER CLICK HERE

Lite Access chief expects consistent growth after strong second quarter

Mike Plotnikoff, chief executive and co-founder of Lite Access Technologies Inc (CNSX:LTE), says the firm’s micro trenching technology is “the most successful means of putting fibre into the ground today”. Last month, the company reported sales for the first three months of 2016...

on 06/20/2016

2 min read