Valdor Technology International Inc. reported that Valdor, in collaboration with Mexican partner Inteligencia e Infraestructura En America S. A. has received a USD 1,100,000 contract by an influential conglomerate in the Mexican telecom and construction industry. Valdor and Inteligencia do business in Mexico as TeleVal Communication Technologies. This project involves the overall installation of an optical fiber network.

The project is part of the multi- services and multi-year strategy the Mexican conglomerate is implementing to significantly increase both the number of services available to subscribers and the number of Mexican subscribers to internet services, in accordance with the Mexican Government telecom deregulation strategy announced in 2014 by President Pena Nieto. This project includes, 260,000 FTTx links; 3,800 fiber optic rings; 480 enterprise customers and implementation of more than 4,000 poles in Mexico City for surveillance cameras. This current initial phase of the project will be five months installation and will end in February 2016; but future phases will be on an accelerating timeline.

The Valdor/Inteligencia partnership will make every effort to participate in future phases of this communication systems roll-out. Potential business from future phases that Valdor and Inteligencia, in partnership, could facilitate is expected to be about USD 20,000,000 annually from 2016 through 2018 inclusive. Homologation is not required for this project.