Brief: Enea Signs Contract For 5G Traffic Management Worth CAD 4.4 Million

Enea AB

30/09/2022 09:23

Sept 30 (Reuters) - Enea AB  ENEA.ST :
    * ENEA SIGNS CONTRACT FOR 5G TRAFFIC MANAGEMENT WORTH CAD
4.4
MILLION
    * SIGNED A CONTRACT FOR 5G TRAFFIC MANAGEMENT WITH A NORTH
AMERICAN MOBILE NETWORK OPERATOR
    * AGREEMENT, WHICH COVERS NEW BUSINESS WITH AN EXISTING
CUSTOMER,
INCLUDES SOFTWARE LICENSES, PROFESSIONAL SERVICES, AND PRODUCT
SUPPORT
    * SOFTWARE LICENSES CORRESPONDING TO A VALUE OF CAD 3.3
MILLION
ARE RECOGNIZED IN Q3 OF 2022, WHILE REMAINING PARTS OF AGREEMENT
ARE DELIVERED DURING NEXT THREE YEARS
    * TOTAL CONTRACT VALUE IS CAD 4.4 MILLION

Source text for Eikon:  ID:nMFN3VVj2D 
Further company coverage:  ENEA.ST 
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