Brief: Net Insight Signs Agreement Worth SEK 220 Million With Türk Telekom In Synchronization

Net Insight AB

01/11/2021 07:12

Nov 1 (Reuters) - Net Insight AB  NETIb.ST :
    * NET INSIGHT SIGNS AGREEMENT WORTH SEK 220 MILLION WITH
TÜRK
TELEKOM IN SYNCHRONIZATION
    * NET INSIGHT IS INITIALLY PROVIDED SEK 55 MILLION FOR
PRODUCT
DEVELOPMENT, AS WELL AS AN INITIAL ORDER WORTH SEK 25 MILLION
FOR EXISTING PRODUCTS WITH DELIVERY STARTING THIS YEAR
    * REMAINING ORDERS FOR AN ENTIRELY NEW PRODUCT FOR 5G WILL
BE
DELIVERED TOWARDS END OF 2023, WITH DELIVERY COMPLETED IN 2026

Source text for Eikon:  ID:nMFN2FXVwP 
Further company coverage:  NETIb.ST 

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