Axia's Covage to build FTTO network in Grand Lyon

CALGARY - Axia NetMedia Corporation has announced that its French company Covage has entered into an agreement to extend its Fibre-to-the-Office (FTTO) business to Grand Lyon, in the southeast of France.The department of Grand Lyon has a population of 1.3 million, clustered around the country’s third largest city, Lyon. A new operating area for Covage, the company said that it plans to establish a new route on its fibre backbone that in turn will further cement its position as the leading independent, pure-play fibre operator in the French market.Covage will own and operate the Grand Lyon network for an initial...