Nera Networks signed contracts in Brazil worth USD 9.4 million
(Thomson Reuters ONE) -
Nera Networks has signed two contracts with major telecom operators in Brazil.
Both contracts are extensions of existing agreements.
Nera Networks will provide turnkey solutions, including more than 600 Evolution
Series radios. The projects will deliver increased capacity to the operators'
3G and backbone networks, and will be implemented during second half 2010. The
combined value is estimated at USD 9.4 million.
For further information, please contact:
Eltek ASA
CFO Pål Skistad: +47 908 50 378
Eltek is a strategic technology partner within power solutions and microwave
radio transmission, through its three business units Eltek Valere, Nera Networks
and Nera Telecommunications. The company reported revenue of NOK 5.8 billion in
2009, and had close to 3,330 employees in more than 50 countries at the end of
the year. Eltek is listed on Oslo Stock Exchange and headquartered in Drammen,
Norway.
Nera Networks designs, develops, manufactures and markets a broad portfolio of
point-to-point microwave transmission radios under the Evolution brand name. The
company has extensive systems and project management expertise for turn-key
deliveries and after sales support and services. Headquartered in Bergen,
Norway, the company counts approximately 800 employees and reported revenue of
more than NOK 1.8 billion in 2009.
This information is subject of the disclosure requirements acc. to §5-12 vphl
(Norwegian Securities Trading Act)
[HUG#1429038]
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Source: Eltek ASA via Thomson Reuters ONE
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Bereitgestellt von Benutzer: hugin
Datum: 01.07.2010 - 15:03 Uhr
Sprache: Deutsch
News-ID 23346
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contact information:
Town:
Drammen
Kategorie:
Business News
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