Nera Telecommunications Ltd

SGX (SGD): NeraTel (N01)

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0.098

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-0.005 (4.854%)

Day's Change

0.095 - 0.104

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187,200

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Nera Telecommunications has received purchase orders totalling $57 million to develop network infrastructure for various customers in Asia, the Middle East and Africa. The company, which provides IT and satellite networks, said in a statement on Tuesday that it received $37 million worth of orders for the supply, delivery, installation, commissioning and maintenance of Internet protocol and broadcast network equipment to various customers in South East Asia. Separately, it received orders worth $20 million for the supply, delivery, installation, commissioning and maintenance of microwave radio equipment to various customers in South East Asia, Middle East and Africa. Of the $57 million received, $5.7 million is from Myanmar and Nigeria, two new markets that NeraTel has ventured into. - See more at: http://www.straitstimes.com/news/business/companies/story/neratel-receives-orders-worth-57m-broadcast-wireless-networks-20140930#sthash.JY9JYHia.dpuf

2015-03-18 17:15

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