Brief: Techstep Signs Agreement With Nortel

Techstep ASA

15/06/2022 06:36

June 15 (Reuters) - Techstep ASA  TECH.OL :
    * TECHSTEP SIGNS SMARTDEVICE AGREEMENT WITH NORTEL FOR ALL
THEIR
USERS
    * HAS SIGNED AN AGREEMENT WITH NEW CUSTOMER, NORTEL AS
    * TECHSTEP WILL BECOME A NORTEL DISTRIBUTION PARTNER,
OFFERING
NORTEL'S PRODUCTS TO TECHSTEP'S CUSTOMERS IN NORWAY, STARTING
FROM Q3 2022
    * ESTIMATES ANNUAL RECURRING REVENUE (ARR) VALUE OF
AGREEMENT TO A
MINIMUM OF NOK 3 MILLION, WITH AN INITIAL CONTRACT PERIOD OF
THREE YEARS

Source text for Eikon:  ID:nObiKxnsCa 
Further company coverage:  TECH.OL 

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