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Nera Telecommunications Secures S$30 Million Contract Renewal

Story Highlights
  • Nera Telecommunications secured a S$30 million contract renewal to boost digital commerce.
  • The contract includes a 60-month managed services component for infrastructure maintenance.
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Nera Telecommunications Secures S$30 Million Contract Renewal

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An update from Nera Telecommunications Ltd ( (SG:N01) ) is now available.

Nera Telecommunications Ltd has secured a contract renewal valued at approximately S$30 million with a major Southeast Asian service provider. The contract involves implementing a smart services training program and deploying personnel across over one hundred sites to boost digital commerce in rural areas. Additionally, it includes a 60-month managed services component for operational management and infrastructure maintenance, expected to positively impact the company’s financial performance this year.

More about Nera Telecommunications Ltd

Nera Telecommunications Ltd, incorporated in Singapore, operates in the telecommunications industry, providing smart services and digital solutions. The company focuses on empowering enterprises, particularly in rural communities, by leveraging digital commerce opportunities.

Average Trading Volume: 104,500

Technical Sentiment Signal: Buy

Current Market Cap: S$35.1M

Learn more about N01 stock on TipRanks’ Stock Analysis page.

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