Brief: Quarterhill Subsidiary, ETC, Awarded Contract to be the New Electronic Toll Collection System Provider for Central Texas Regional Mobility Authority
Dec 17 (Reuters) - Quarterhill Inc QTRH.TO :
* QUARTERHILL SUBSIDIARY, ETC, AWARDED CONTRACT TO BE THE
NEW
ELECTRONIC TOLL COLLECTION SYSTEM PROVIDER FOR CENTRAL TEXAS
REGIONAL MOBILITY AUTHORITY
* QUARTERHILL INC- INITIAL TERM OF CONTRACT IS SIX YEARS AND
HAS
TWO TWO-YEAR EXTENSION OPTIONS
* QUARTERHILL INC - INITIAL SIX YEAR TERM IS VALUED AT ABOUT
US$72.8 MILLION
Source text for Eikon: ID:nCNWq4z62a
Further company coverage: QTRH.TO
((Reuters.Briefs@thomsonreuters.com;;))
Recent news on Quarterhill
See all newsBrief: Quarterhill Selected By Utah Department Of Transportation To Deploy Advanced Tolling Back-Office Platform In I-15 Express Lanes
Canada's Quarterhill Q1 revenue rises on commercial vehicle business
Brief: Quarterhill Announces USD $60 Mln Credit Facility And USD $100 Mln Accordion
Canada's Quarterhill Q4 revenue edges down, net loss widens on impairment
Brief: Quarterhill Q4 Revenue CAD 38.463 Million