RHCO Subsidiary Nedfiber B.V. Announces the Further Expansion of Their Fiber Optics Network Throughout The Netherlands
March 20, 2014 --
HILVERSUM, THE NETHERLANDS -- (Marketwired) -- 03/20/14 -- Readen Holding Corp. (OTC Pink: RHCO) (PINKSHEETS: RHCO) subsidiary Nedfiber B.V. (http://www.nedfiber.nl/), announces the further expansion of their fiber optics in the industrial zones of the cities Bodegraven, Steenbergen and Wijchen in the Netherlands (business to business).
Nedfiber B.V. a 51% RHCO subsidiary is a specialized provider of dark fiber connections and Ethernet services. The fiber-optic network extends throughout the Netherlands and beyond and is continuously being expanded. More than 25% of the Internet traffic for industrial areas and business parks in the Netherlands will be transported by Nedfiber's network in the next 36 months.
Nedfiber B.V. is currently constructing glass fiber to industrial zones in Steenbergen, Bodegraven and Wijchen and twenty industrial parks are in first phase of development. To add these zones and new projects Nedfiber B.V. recently signed a contract with Relined a Prorail subsidiary and part of Dutch railways (NS) to use the glass fiber connection alongside the railway.
Nedfiber B.V. is active in the construction and operation of FTTO networks in-house and rents these active infrastructure to all network service providers as KPN, Vodafone and UPC. The independent network enables Nedfiber to offer end users the freedom to choose for any service provider.
The delivery of special projects in WIFI will be facilitated by Rainn B.V. a 51% owned subsidiary of Readen Holding Corp. Up-ip B.V. a 37% subsidiary of RHCO will deliver internet products to the end user (voip, iptv, internet). By combining the current activities, the RHCO group will be a "one stop shop" for clients. From the physical mobile phone to the high-speed glass fiber network, the entire array of services will all be available through the RHCO Group and its subsidiaries.
Where Readen Holden Corp. was previously completely dependent on distribution channels for offering mobile products Nedfiber will expand business possibilities. This participation provides Readen Holding Corp. independence and the ability to distinguish itself from the current offerings in the market both in quality and price in fiber infrastructure and broadband services.
With the deployment of optical fiber in industrial sites one gets access to a safe, fast and future-proof digital infrastructure with national coverage and 100% accessibility.
Nedfiber B.V. is moving towards its goal to become one of the three major glass fiber facilitators in the Benelux.
Readen Group's mission statement is to be a valuable partner for customers in terms of technical flexibility, quality and competitive pricing through the complete value chain (SIM cards, mobile phones and applications).
This press release may contain forward-looking statements, including, but not limited to, statements regarding Readen Holding Corporation and its plans, products and related market potential. Forward-looking statements may be identified by the use of the words "anticipates," "expects," "intends," "plans," "should," "could," "would," "may," "will," "believes," "estimates," "potential" or "continue" and variations or similar expressions. These statements are based upon the current expectations and beliefs of management and are subject to certain risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, risks and uncertainties discussed in Readen Holding Corporation's postings on the OTC Markets Disclosure &; News Service and future filings with the Securities and Exchange Commission, which factors are incorporated herein by reference. Readers are cautioned not to place undue reliance on any of these forward-looking statements. Readen Holding Corporation undertakes no obligation to update any of these forward-looking statements to reflect events or circumstances after the date of this press release or to reflect actual outcomes.
Readen Holding Corp.
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