Talkpool Germany has won framework agreements for network planning and documentation worth EUR 1.025 million from one of the leading telecom operators in Germany. The term extends into the 3rd quarter of 2023 and the frame agreement does not state certain order volumes for specific time periods. Talkpool is thus further expanding its market presence and range of services in Germany. This now extends far beyond the planning and documentation of classic copper cable house connections to network planning and documentation of fiber optic house connections for private households, schools, offices and 5G sites.
The market driver of this positive development is the advancing digitization of the economy and the energy industry, as well as the pandemic side effects of Corona. Home office, which has been introduced in many places, has led to an immense increase in bandwidth requirements for video conferencing, secure remote access to company resources and homeschooling. There is currently no sign of an end to this development.
Talkpool Germany is specialised in the planning of fixed broadband networks. The company is providing planning and documentation services to Deutsche Telekom for classic copper cable house connections as well fiber optic house connections for private households, schools, offices and 5G sites. Furthermore, Talkpool Germany has provided mobile network roll out services to Nokia Germany for many years. Talkpool Germany has also built IoT Networks for Sigfox in Germany and is actively pursuing Smart Building opportunities in country. Talkpool Germany’s revenue growth during the first six months in 2021 was 25%. Due to the extensive demand for telecom network services for the ongoing massive fiber network roll outs and 5G network deployments, this growth is expected to continue.