NeraTel clinches contracts worth $13.8m
For the supply of IP network equipment.
Nera Telecommunications and its subsidiaries have received contracts worth approximately $13.8m in aggregate, the company said in a statement to the SGX.
The contracts are in relation to the supply, delivery, installation and maintenance of IP network equipment for a leading regional telecom and cellular operator in the Asia Pacific region.
The deals are not expected to have a significant impact the company’s performance for the current financial year.