Brief: SDS Gets Order Valued SEK 14 Million In Cameroon

Seamless Distribution Systems AB

26/10/2020 07:05

Oct 26 (Reuters) - Seamless Distribution Systems AB
 SDSY.ST :
    * SDS RECEIVES BREAKTHROUGH ORDER VALUED SEK 14 MILLION IN
CAMEROON
    * IT IS FIRST ORDER SDS HAS RECEIVED IN COUNTRY AND HAS AN
INITIAL
VALUE OF SEK 14 MILLION
    * IN ADDITION TO INITIAL ORDER VALUE, RECURRING SERVICE
REVENUES
CAN BE EXPECTED IN FUTURE.
    * HAS RECEIVED AN INITIAL ORDER FROM ONE OF CAMEROON'S
LARGEST
MOBILE OPERATORS, WHICH ALSO BELONGS TO AFRICA'S LARGEST
OPERATOR GROUP
    * ACQUIRED ORDER MEANS THAT SDS REPLACES OPERATOR'S SERVICE
PROVIDER AND EXISTING TECHNOLOGY AND WILL IN LONG RUN CONTRIBUTE
POSITIVELY TO SDS'S RECURRING REVENUES.
    * DELIVERY WILL BEGIN IMMEDIATELY AND SDS PLANS TO COMPLETE
PROJECT DURING Q4 OF 2020
    * THIS IS FOURTH NEW CUSTOMER THAT SDS HAS ACQUIRED IN 2020

Source text for Eikon:  ID:nBQNc02fgX 
Further company coverage:  SDSY.ST 

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