Brief: Init Innovation In Traffic Systems Says Transport For London (TfL) Awards Co A Contract

Init Innovation In Traffic Systems SE

04/03/2024 17:36

March 4 (Reuters) - init innovation in traffic systems
SE  IXXG.DE :
    * TRANSPORT FOR LONDON (TFL) AWARDS A CONTRACT FOR THE IBUS2
ON-BUS AND BACK-OFFICE SERVICES TO INIT
    * IN ADDITION, FURTHER OPTIONS MIGHT BE ORDERED AT A LATER
STAGE
INCLUDING A SECOND 10-YEAR OPERATIONS PERIOD
    * CONTRACT HAS VALUE IN ORDER OF GBP 80 MILLION FOR
INVESTMENT
PHASE,SIMILAR ORDER OF MAGNITUDE FOR FIRST 10-YEAR PERIOD

Source text for Eikon:  ID:nEQbc6k3Ya 
Further company coverage:  IXXG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))