Focus Telecom expects €1 million revenue a year from sales of Teles equipment.
Focus Telecom Ltd. expects to make €1 million revenue a year from sales of products of Teles AG (XETRA: TLI), after becoming the Israeli distributor for the German VoIP solutions maker. Teles has an R&D center in Israel, based on IPGear Ltd., which it acquired a year ago.
Teles has been manufacturing telecommunications equipment for 25 years. It is a leader maker of cellular, VoIP gateways, and next-generation network equipment. The company has offices worldwide, including in Israel, which has 20 employees, according to IVC Online.
Focus Telecom is a subsidiary of Focus Engineering Ltd.
Published by Globes [online], Israel business news - www.globes-online.com - on January 18, 2009
© Copyright of Globes Publisher Itonut (1983) Ltd. 2009