Valdor Technology International Inc. has made a joint venture company TeleVal with its Mexican partner Inteligencia. This is a 50/50 joint venture agreement that has been executed between Valdor and Inteligencia e Infraestructura En America S. A. (“Inteligencia”). The partners want to develop TeleVal as a leader in the Mexican and Latin American fibre optic technology markets. The imminent deregulation of Mexico’s telecommunication industry and the very early stage of fibre to the home deployment throughout Latin America are catalysts for this process.
The Mexican telecommunications market is currently about $35 billion/year and is projected to grow at a 30% rate for the next few years*. Inteligencia (www.intelinfra.com), located in Mexico City, Mexico, markets, services and installs electrical equipment and fibre optic cable in the telecom industry throughout Mexico. Valdor’s Mexican partner has an impressive track record with a renowned client list that includes, among others, Ericsson, Pemex, Tellabs, Comision Federal de Electricidad (CFE), Alcatel Lucent, Telcel and TelMex.
Valdor and Inteligencia will each provide 50% of the investment capital and share equally in the profits. Within the JV partnership, Valdor will provide: quality control practices and procedures; component procurement; operational procedures; technical transfer and training. Inteligencia will provide: engineering and assembly employees; sales and marketing employees; executive leadership and the physical facilities in Mexico.
To satisfy the Mexican requirement for local content the JV will immediately establish a manufacturing facility within Mexico. The JV will supply and manufacture passive optical components including a full range of optical connectors, assemblies, patch panels and integrated optical solutions. The partnership is being structured to provide triple play (voice, data & multi-media) solutions for the FTTx market sector; the content focus will be health care, security and education.
Valdor is a communications technology company with a business plan that incorporates growth by acquisition. Valdor currently has three divisions: Niagara Streaming Media, Valdor Fiber Optics and TeleVal. Niagara Streaming Media, headquartered in Dallas, Texas is in business for the encoder hardware and software market. Valdor Fiber Optics, headquartered in San Francisco, California, is an optical fiber components company specializing in the design, manufacture and sale of passive fiber optic components, including some that use Valdor proprietary and patented technologies. Valdor is focused on harsh environment products for the roll-out of fiber to the home in North America with a unique and compelling splitter design. TeleVal, headquartered in Mexico City, Mexico, is an optical fiber components company specializing in the design, manufacture and sale of passive fiber optic components. TeleVal is focused on the deregulation of the telecom sector in Mexico and the roll-out of fiber to the home in Latin America.
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