GUINNESS ANNOUNCES 5% REVENUE RISE

Guinness Nigeria has announced its interim results for the six months which ended December 31, 2014.

The company delivered a five percent increase in revenue, while gross profit was up by two percent.

Managing Director/Chief Executive Officer (CEO), Guinness Nigeria Plc, Mr John O’Keeffee, said: “We experienced improvement in performance during the half as revenue for the second quarter showed a growth of 13 percent compared to minus six percent in the first quarter. The negative gearing due to mix drove a net sales growth of five percent”.

The results, which were released to the Nigerian Stock Exchange, also disclosed a marked increase in one off costs and administrative and marketing expenses.

 Finance and Strategy Director, Guinness Nigeria Plc Mr. Ron Plumridge, said: “Some of the key cost drivers over the period are the significant investments made to support our route to consumer optimization and will support future growth.

“These strategic investments, which have been classified as one off costs in the income statement, have depressed operating profit for the half. In the second half, we plan to sustain volume growth but recognise there are significant external uncertainties we will need to continue to manage

Chairman, Guinness Nigeria Plc, Mr. Babatunde Savage said: “The Board is confident that we are making the right investments in the company to ensure our long term competitiveness, and continues to support the management in its efforts to build a business that can win the market”. 

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Etisalat/IHS Sale and Leaseback Wins ‘African Telecoms Deal of the Year 2014’’ At IJ Global Awards

Nigeria’s fastest growing and most innovative telecommunications operator, Etisalat, has emerged winner of the ‘African Telecoms Deal of the Year 2014’ at the IJGlobal Europe & Africa Award (Euromoney/Project Finance Magazine Awards) in London last week. This deal, the first by a major GSM operator in Nigeria was announced in August 2014 and is part of Etisalat’s broader strategy to drive improvements in the quality of its network and to accelerate the roll out of 2G and 3G coverage and new services to its customers.

Responding after receiving the award at the presentation dinner, Head of Strategy and Business Development, Etisalat Nigeria Mr. Seun Oshitade expressed appreciation to the organizers of the IJ Global Awards as well as the partners to the deal. He said, “This award recognizes our continuous strategy to increase the coverage and capacity of our network which is already rated number 1 for quality of service by the Nigerian Communication Commission (NCC).

Our partnership with IHS for the transaction which is being celebrated at this award ceremony is designed to promote network sharing, ensure higher quality, sustain reliable mobile services, lower overall costs and also promote a cleaner environment through reduced diesel usage and increased investments in alternative energy solutions.”

Other key stakeholders who contributed to the success of the deal include financial advisers, Stanbic Bank and legal advisers, Norton Rose. Representatives from these organisations were at the event to join Etisalat in receiving the award at the ceremony held at the Natural History Museum, Cromwell Road, London.

IJGlobal Editor Sarah Tame, and Deputy Editor Jon Whiteaker while presenting the awards commended all the winners for the market-leading transactions in their different sectors.

The IJGlobal Awards is organized by the Infrastructure Journal and Project Finance Magazine, a publication of Euromoney Institutional Investor PLC. Over 500 market professionals attended the ceremony, which recognises excellence, achievement and innovation in energy and infrastructure finance.

The ‘African Telecoms deal of the year’ award complements other titles that Etisalat Nigeria has won in just six years of operations in Nigeria. Awards which include ‘African Telecoms Deal of the Year 2011, ‘Best Telecom Customer Service’, ‘Most Innovative Corporate Social Responsibility Company’, ‘Telecom Brand of the Year 2014’ amongst others.

Etisalat Nigeria with a subscriber base of over 21 million customers is one of the 19 operations of the Etisalat Group that spans across Africa, Middle East and Asia serving over 140 million subscribers; and it is committed to delivering innovative and quality services to its growing subscribers.

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FBN CAPITAL WINS AFRICA DEAL OF THE YEAR AT IJGLOBAL AWARDS

FBN Capital Limited has been awarded the ‘Africa Oil and Gas Deal of the Year Award’ for the Oando Energy Resources US$350 million Conoco Phillips assets acquisition deal. The award was conferred at the prestigious IJGlobal Europe & Africa Awards 2014, organized by the Infrastructure Journal & Project Finance Magazine on the 19th of February at the Natural History Museum in London.

FBN Capital Limited (a subsidiary of FBN Holdings Plc) acted as Joint Mandated Lead Arranger and financial modeling bank for the Corporate Facility to part-fund purchase of Conoco Phillips’ participating interest in OMLs 60, 61, 62, 63, 131 and 145 by Oando Energy Resources. The total consideration for the acquisition of approximately US$1.6 billion was financed via a combination of debt and equity, with the debt portion of the acquisition facility comprising of a US$450 Million RBL Facility provided by both Nigerian and offshore banks; and a US$350 Million Corporate Facility provided by Nigerian banks.

The funds were provided by First Bank of Nigeria, Diamond Bank, FCMB, Ecobank, Zenith Bank, UBA, Vitol and Enterprise Bank. Other financial parties to the transaction include FBN Trustees as Security Agent; First Bank of Nigeria as Hedge Provider; and FCMB Capital Markets also as Joint Mandated Lead Arranger.

Speaking on the award, the Managing Director of FBN Capital Mr. Kayode Akinkugbe said, “We are very pleased to have won this award, and remain inspired by the trust our clients place in us to help them achieve success.  We will continue to strive to raise the bar on industry standards with regards to deal-making and structuring.”

Patrick Mgbenwelu, the Director and Head of Debt Solutions at FBN Capital also expressed his pleasure on winning the award; “We feel honored to be recognized for the effort that the client, every member of the team, as well as every party to the transaction put into making this deal a reality”.

The IJGlobal Europe & Africa Awards event is the most prestigious night of the year in the infrastructure calendar as it is a celebration of best-in-class deals in energy and infrastructure over the previous year, uniting over 600 of the industries finest.

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ORPHANAGE/NGO PARTNER ETISALAT RE-GIFT INITIATIVE

L-R; Manager, Corporate Social Responsibility, Etisalat Nigeria, Oyetola Oduyemi; Programme Manager, Child Life Line, Boye Matuluko; Legal Services, Etisalat Nigeria, Bunmi Sanya; Specialist, Corporate Social Responsibility, Etisalat Nigeria, Chukwuweta Uraih and Analyst, Corporate Social Responsibility, Etisalat Nigeria, Sunday Aranmonise  at the presentation of gifts to Child Life Line, Gbagada, as part of  the Etisalat Re-Gift Programme, held in Lagos on Tuesday, 17^th February, 2014.

L-R; Manager, Corporate Social Responsibility, Etisalat Nigeria, Oyetola Oduyemi; Programme Manager, Child Life Line, Boye Matuluko; Legal Services, Etisalat Nigeria, Bunmi Sanya and Specialist, Corporate Social Responsibility, Etisalat Nigeria, Chukwuweta Uraih at the presentation of gifts to Child Life Line, Gbagada, as part of  the Etisalat Re-Gift Programme, held in Lagos on Tuesday, 17^th February, 2014.

L-R; Manager, Corporate Social Responsibility, Etisalat Nigeria, Oyetola Oduyemi; Social Worker, Olive Blooms Orphanage, Joy Obabimitan; Chief Care Giver, Olive Blooms Orphanage, Patience Stephen and Specialist, Legal Services, Etisalat Nigeria, Bunmi Sanya at the presentation of gifts to Olive Blooms Orphanage, as part of the Etisalat Re-Gift Programme, held in Lagos on Tuesday, 17^th February, 2014.

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MICROSOFT MOBILE OFFERS N3.5M ENTREPRENEURSHIP SUPPORT TO YOUNG NIGERIANS

As part of its efforts at empowering consumers to achieve more, Microsoft Mobile Devices and Services is set to award N3.5m to 5 Nigerians with brilliant business ideas in the Microsoft Lumia 535 Dual SIM activation campaign tagged ‘From Passion to Empire’, which runs from February 16, 2015 to March 31, 2015.

According to General Manager, Microsoft Mobile Devices and Services, West Africa, Joseph Umunakwe,  “From Passion to Empire” initiative provides us the opportunity to help young entrepreneurs test the strength of their ideas, sharpen their skills and expand their frontiers as they go through a period of intensive business coaching with the aim to ultimately, establish their businesses.

“Running a start-up is challenging in any environment, so Microsoft Mobile seeks to empower entrepreneurs in Nigeria who have great business ideas.  “From Passion to Empire” would not be about a cash grant only as the 5 winners will also be mentored by highly successful entrepreneurs like House of Tara’s Tara Fela Durotoye, Chocolate City’s Audu Maikori and Jobberman’s Opeyemi Awoyemi. ” Umunakwe said.  

Speaking further on the initiative, Olumide Balogun, Senior Marketing Manager, Microsoft Mobile Devices and Services, said “Lumia is for inspired doers who do not recognize boundaries when reaching for their goals. We know that such people abound in our country and we are happy to work with established entrepreneurs and the Enterprise Development Centre (EDC) of the Pan Atlantic University to offer them the opportunity to soar.”

Lumia smartphones and tablets, including the Microsoft Lumia 535 Dual SIM, specifically, provide the business tools every entrepreneur needs to achieve the extra-ordinary. The Lumia 535 Dual SIM offers five great integrated Microsoft experiences, a wide-angle 5 megapixel front facing camera, and a spacious 5 inch display protected with Gorilla Glass 3 which makes it a perfect device for entrepreneurs who want to be able to do more on the go.  

‘From Passion to Empire’ is a 5-week campaign where budding entrepreneurs go through various stages of business screening from submission of ideas to selection of the 5 eventual winners. To participate in ’From Passion to Empire’ interested entrepreneurs need to visit www.microsoft.com/mobile to submit their entries.

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Dawn in the Creeks Enters Second Season..Peace in the Niger Delta

Dawn In The Creeks (DITC), the Jeta Amata-led initiative aimed at promoting peace in the country’s Niger Delta region has kicked off its second season in Lagos, Nigeria.

L - R, Team Lead, US Consulate Stabilisation Operation at the Consulate in Nigeria, William Meeker; US Consul General in Nigeria, Ambassador Jeff Hawkins and  Board member, Dawn In The Creeks, Andre Blaze Henshaw exchange pleasantries at the formal launch of Season 2 of the Dawn In The Creeks TV series in Lagos recently.

 At the official launch attended by Friends and Partners of DITC as well as members of the Press, Board member, Dawn in the Creeks, Andre Blaze Henshaw said the second season would leverage on the awareness and excitement generated by its debut season and highlight the gains made so far and the challenges facing the project. “In our first season, we mobilized the youth of the area to become change agents in a Niger Delta that was, for too long, perceived as a cauldron of degradation, restiveness and mayhem”, Henshaw reminded.

And while these issues have not been totally eradicated, we can literally see a dawn of peace and hope on the horizon”.

Season two follows the 21 young men and women who had enrolled in the Nollywood Academy as they juggle their studies with their roles as peace ambassadors to their communities as well as leaders among their peers.

“Now things really get interesting because our fledgling film makers are starting to realize that the path of peace comes with its own peculiar issues”, — Henshaw explained.

L – R: Programme Manager, Dawn In The Creeks, Adewale Ajadi; Board member, Andre Blaze Henshaw and US Consul General in Nigeria, Ambassador Jeff Hawkins at the formal launch of  Season 2 of the Dawn In The Creeks TV series in Lagos recently.

 “The crusade for a more peaceful and prosperous Niger Delta will not be embraced immediately by all but they would have to keep at the vision that only is it possible but has become necessary for their communities to be freed from a past riddled with poverty and despair”.

Among the friends and partners present at the launch was, the US Consular General in Nigeria, Ambassador Jerry Hawkins, who was full of praise for the Initiative and pledged the continued support of the American Government. “The U.S. Mission partnered with a distinguished group of Nigerian leaders to give the people of the Niger Delta platforms like the Dawn in the Creeks reality TV show and weekly radio programs, to share non-violent solutions to problems with their fellow Nigerians as well as with local, state, and national authorities”, he said.

Jerry hinted that “Improving the relationship and accountability between the government and its citizens will go a long way to ensuring the future remains promising for the region. Today, Dawn in the Creeks is a social enterprise run by a competent board of advisors from the world of business, civil society and entertainment.  We are looking for corporate partners who share our vision of a better future for our youth.”

As in its maiden season, DITC2 will feature notable figures from the Nigerian entertainment seasons serving as mentors and facilitators for the Change Agents and is scheduled to air on select TV stations across the country.

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Etisalat Partners UNAIDS To Stop Mother To Child Transmission Of HIV

Etisalat Nigeria has joined hands with the Joint United Nations Programme on HIV/AIDS to support the National Agency for the Control of AIDS, in a campaign to ensure that no child in Nigeria is born with HIV. The UNAIDS and Etisalat partnership sealed through a Memorandum of Understanding signed today will allow the telecommunication company’s 21 million customers to benefit from regular text messages on how and where to access prevention of mother-to-child transmission of HIV services in Nigeria. 

L-R: Director General, National AIDS Control Agency (NACA), Prof. John Idoko; Vice President, Regulatory and Corporate Affairs, Etisalat Nigeria, Mr. Ibrahim Dikko; and Country Director, The Joint United Nations Programme on HIV and AIDS (UNAIDS), Dr. Bilali Camara at the signing ceremony of a Memorandum Of Understanding between Etisalat and UNAIDS to eliminate Mother-to-Child transmission of HIV in Nigeria, held at Etisalat Nigeria Corporate Office, Victoria Island on Wednesday, February 4^th

In July 2011, a global plan towards the elimination of new HIV infections among children and keeping their mothers alive was launched at the United Nations general assembly high level meeting on AIDS in July 2011. On its part, in November 2014, Nigeria unveiled the National Operational Plan for the elimination of mother-to-child transmission of HIV 2015-2016 to jump-start the implementation of similar efforts in the country.

It is against this backdrop that UNAIDS is partnering with Etisalat Nigeria to support the National Agency for the Control of AIDS (NACA), other government departments and the Civil Society to boost Nigeria’s efforts to eliminate mother-to-child transmission of HIV.

From left, Director General, National AIDS Control Agency (NACA), Prof. John Idoko; Vice President, Regulatory and Corporate Affairs, Etisalat Nigeria, Mr. Ibrahim Dikko; CEO, Lagos State Agency  for the Control of HIV/AIDS, Dr. Fausat Dabiri; Country Director, The Joint United Nations Programme on HIV and AIDS (UNAIDS), Dr. Bilali Camara; and Director, Disease Control, Dr. Jemilade Longe at the signing ceremony of a Memorandum Of Understanding between Etisalat and UNAIDS to eliminate Mother-to-Child transmission of HIV in Nigeria, held at Etisalat Nigeria Corporate Office, Victoria Island on Wednesday, February 4^th

Vice President, Regulatory and Corporate Affairs, Etisalat Nigeria, Ibrahim Dikko said, “We are happy to partner with UNAIDS and NACA for this unique cause. We recognize that a nation can only be economically buoyant if it has a healthy population. This we are committed to building, by attacking its most deadly threats, one of which is HIV/AIDS. We are joining hands with these strategic and effective organisations, and together we will drive the promotion of life and health, for Nigerians in general, persons living with HIV, children yet unborn.”  

“This initiative is bound to avail more avenues of stopping new HIV infections in Nigeria. We welcome this new impetus Etisalat is bringing to the HIV response in Nigeria.” said Prof. John Idoko, Director General, National Agency for the Control of AIDS

Dr. Bilali Camara, UNAIDS Country Director for Nigeria and the UNAIDS focal point for the ECOWAS concluded that,  “Ending the HIV epidemic among children in Nigeria by 2020 will result in preventing 240,000 new HIV infections among children and an additional 460,000 new HIV infections among adults. In all, we are looking at preventing 340,000 AIDS-related deaths and a net benefit of 30 billion United States dollars, with 12 million life-years gained.”

In 2013, Nigeria represented 30 per cent of the burden of mother-to-child transmission of HIV globally, although new scientific evidence indicates the target to have zero new HIV infections among children is achievable.

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SANOFI NIGERIA REINFORCES ITS COMMITMENT TO DIABETES THROUGH NEW TREATMENT

Partnership with health authorities to support 12 new diabetes and hypertension clinics

With the introduction of INSUMAN® , a leading Human Insulin product from Sanofi’s range of diabetes treatments, Sanofi is now the only company to provide a full range of both oral and injectable treatments for patients with diabetes in Nigeria.

Sales Director, Nigeria, Sanofi, Akinbowale Oluwale; Ethical Franchise Director, Nigeria-Ghana, Odediran Folake ; Director of Hospital Administration, Lagos State  Teaching Hospital (LASUTH), Mrs. Akinlawon Jumoke ; Head of Medical and Regulatory, Sanofi Nigeria-Ghana, Dr. Inoussa Fiffen; Director of Account , Lagos State Teaching Hospital (LASUTH), Mrs. Lawal Kuburat and Assistant Director of Nursing Services, Lagos State Teaching Hospital (LASUTH), Mrs. Shode Modupe at the donation of diabetes equipment in support of  Sanofi’s creation of diabetes & hypertension clinics held in Lagos State Teaching Hospital (LASUTH) last, Friday, January 30, 2015

To better support the patients in the management of their disease, Sanofi has also announced their support in the opening of 12 dedicated diabetes and hypertension clinics in partnership with health authorities. The first clinic was recently inaugurated, at Lagos State University Teaching Hospital.

In Nigeria, around 5 million people are suffering from diabetes and this figure is expected to double within the next 20 years, with 63% undiagnosed and many that are diagnosed, not correctly controlled. 76% of deaths due to diabetes are in people under the age of 60 on the African continent.

Consultant Endocrinology, Lagos State  Teaching Hospital (LASUTH),Dr. Ogbera Anthonia; Sales Director, Nigeria, Sanofi, Akinbowale Oluwale; Ethical Franchise Director, Nigeria-Ghana, Odediran Folake ; Director of Hospital Administration, Lagos State  Teaching Hospital (LASUTH), Mrs. Akinlawon Jumoke and Head of Medical and Regulatory, Sanofi Nigeria-Ghana, Dr. Inoussa Fiffen at the donation of diabetes equipment in support of Sanofi’s creation of diabetes & hypertension clinics held in Lagos State Teaching Hospital (LASUTH) last Friday, January 30, 2015

Patients are exposed to many complications including vascular complications, blindness and limb amputation, which can be prevented by treatment with Insulin and effective, close management of patients. With over 90 years’ experience in developing and manufacturing Insulin, Sanofi is a world leader in delivering quality, innovative solutions to meet the needs of patients. The INSUMAN® range allows for individualized treatment (basal, rapid and premix) available in both Vials and Cartridges.

The INSUMAN® cartridges use a unique innovative technology that ensures a more accurate dosing. In Nigeria, it will be used with the award-winning ALLSTAR™ disposable pen for delivery. “The introduction of INSUMAN® in combination with ALLSTAR™ in Nigeria demonstrates our commitment to patients, improving access and ensuring availability to high-quality, efficacious solutions to improve the management of diabetes for patients.

L-R: Head public Affairs, Sanofi, Mr. Dimeji Agbolade; Consultant Physician/Endocrinologist, Obafemi Awolowo University, Prof. Babatope Kolawole; Chief Medical Director, LASUTH, Prof. Adewale Oke; President, Union of National African Pediatric Societies and Asociations (UNAPSA), Dr. Dorothy Esangbedo; and Head of Medical and Regulatory, Sanofi Nigeria/Ghana, Dr. Inoussa Fiffen at the official launch of a new Insulin product by Sanofi Aventis at Oriental Hotels, Victoria Island recently

INSUMAN® has been licensed in 90 countries and is manufactured to the highest international standards in Germany. Since its first introduction 17 years ago, more than 5 million patient-years with INSUMAN® have been accumulated.

“Combining the range with ALLSTAR™, a new, disposable, injection pen will help make the lives of patients easier in Nigeria with a simple, safe to use and affordable solution”, said Abderrahmane Chakibi, General Manager, Sanofi Nigeria-Ghana Commenting on the support of the 12 new clinics in diabetes, he added ‘Delivering innovative treatments and a full portfolio adapted to the needs of patients locally is at the core of what we, at Sanofi, have done for nearly a century. But medications alone are not enough. For many years, we have been supporting healthcare professionals in their daily practice through training and tailored services.

L-R: Consultant Physician/Endocrinologist, Obafemi Awolowo University, Prof. Babatope Kolawole; Chief Medical Director, LASUTH, Prof. Adewale Oke; and President, Union of National African Pediatric Societies and Asociations (UNAPSA), Dr. Dorothy Esangbedo at the official launch of a new Insulin product by Sanofi Aventis at Oriental Hotels, Victoria Island recently.

In 2015, across Nigeria, we will support the creation of 12 clinics for Diabetes and 2/2 Hypertension in partnership with health authorities. These clinics will be established in dedicated healthcare centers to increase screening, disease awareness and patient education. They will also provide better management and monitoring of people with diabetes though dedicated nursing and physician support.

 A cross Session of Sanofi Staff and Key Opinion Leaders at the unveiling of the new Insulin product launched by Sanofi Aventis at Oriental Hotels, Victoria Island  recently

“In 2016, we aim to deploy 24 more clinics” Mr. Chakibi added. The availability of the new range of human insulin INSUMAN®, the injection pen ALLSTAR® and the support of clinics for the better management of the disease is in direct response to the healthcare needs of patients with diabetes in Nigeria.

About Diabetes:

 Diabetes is a chronic disease that occurs when the pancreas is no longer able to make insulin, or when the body cannot make good use of the insulin it produces. Insulin is a hormone made by the pancreas,that acts like a key to let glucose from the food we eat pass from the blood stream into the cells in the body to produce energy. All carbohydrate foods are broken down into glucose in the blood. Insulin helps glucose get into the cells. Type 2 diabetes accounts for approximately 90% of diabetes.

It may remain undetected for many years and the diagnosis is often made when a complication appears or a routine blood or urine glucose test is done. It is often, but not always, associated with overweight or obesity, which itself can cause insulin resistance and lead to high blood glucose levels. People with type 2 diabetes can often initially manage their condition through exercise and diet. However, over time most people will require oral drugs and or insulin.

 About Sanofi:

Sanofi, a global healthcare leader, discovers, develops and distributes therapeutic solutions focused on patients’ needs. Sanofi has core strengths in the field of healthcare with seven growth platforms: diabetes solutions, human vaccines, innovative drugs, consumer healthcare, emerging markets, animal health and the new Genzyme. Sanofi is listed in Paris (EURONEXT: SAN) and in New York (NYSE: SNY). 1: IDF Diabetes Atlas, Sixth edition 2013, www.idf.org/diabetesatlas Contact: Oladimeji Agbolade Head of Public Affairs Sanofi – Nigeria and Ghana oladimeji.agbolade@sanofi.com

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Intel to Acquire Lantiq; Advancing the Connected Home

              

                  Accelerating into Smart Gateways and Intelligent Access Networks

Intel Corporation has signed a definitive agreement to acquire Lantiq, a leading supplier of broadband access and home networking technologies. The transaction is expected to close in approximately 90 days

Smart gateways and intelligent access networks are important elements in Intel’s efforts to make everything smart, connected and best with Intel. This acquisition would expand Intel’s success in the cable residential gateway market and broaden its offering to other gateway markets, including DSL, Fiber, LTE, retail and IoT smart routers.

Kirk Skaugen, Senior Vice President and General Manager of Intel’s Client Computing Group stated that “By 2018, we expect more than 800 million broadband connected households worldwide; Intel has been a global leader in driving broadband into the home and to connected computer devices. The combination of our cable gateway business with Lantiq’s technology and talent can allow global service providers to introduce new home computing experiences and enable consumers to take advantage of a more smart and connected home.”

The combined team would have a comprehensive range of connectivity solutions and home cloud technologies for OEMs, service providers and companies innovating new applications for the home. Together with Intel’s IoT solutions, Intel Security products and Intel-based client devices, Intel can deliver exciting new connected experiences for consumers.

Also speaking about the acquisition, Dan Artusi, Chief Executive Officer of Lantiq said:  “Intel and Lantiq share a common vision about the evolution of the connected home and the intelligent network,” said. “Together we can drive the transformation of the broadband customer premises equipment (CPE) as it becomes a smart gateway that connects an increasingly diverse roster of devices and services in the home.”

Lantiq is based in Munich, Germany, and is a leader in state-of-the-art broadband access technology. More than 100 global operators have deployed Lantiq’s DSL solutions. Lantiq has over 2000 patents related to broadband communications and offers technologies including xDSL solutions with vectoring and G.Fast; fiber-based technologies such as Fiber to the Distribution Point (FTTdp) and GPON; comprehensive gateway home networking and DSLTE systems; ultra-efficient network processors; and comprehensive Ethernet and voice solutions.

About Intel

Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. As a leader in corporate responsibility and sustainability, Intel also manufactures the world’s first commercially available “conflict-free” microprocessors. Additional information about Intel is available at newsroom.intel.comand blogs.intel.com, and about Intel’s conflict-free efforts at conflictfree.intel.com.

About Lantiq

 Lantiq, a leading supplier of broadband access and home networking technologies, offers a broad and innovative semiconductor product portfolio for next-generation networks and the digital home. The company specializes in broadband communications encompassing analog, digital and mixed-signal ICs along with comprehensive software suites. Lantiq is a fabless company and its semiconductor solutions are deployed by major carriers and in home networks in every region of the world. The company’s principal investor is Golden Gate Capital, a San Francisco-based private equity investment firm with approximately $12 billion of capital under management. 

More information about Lantiq is available on the company Website or via Twitter @Lantiq, LinkedIn and YouTube.

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