Nera Networks wins USD 9 million contract with major South American operator
Nera Networks has entered into an agreement with a major telecom operator in South America for the delivery of a microwave solution of more than 350 hops.
Nera Networks' Evolution Series (TM) microwave radios will be at the core of the solution, and in addition Nera Networks will provide commissioning, installation and engineering. The value is estimated at 9 MUSD/58 million NOK.
The project will start deliveries by the beginning of 3rd Qarter in 2010. This an extension of an earlier agreement signed earlier this year and was awarded to Nera upon the outstanding project development and performance before other suppliers.
"We have over several years managed to establish a long-term customer relationship with the leading telecom operators in the region. Continuously being awarded expansions in their networks illustrates the mutual trust and value that has been established by having performed and worked closely together locally over time", states Per Arne Henæs, CEO of Nera Networks.
The Americas accounted for approximately 50 percent of revenue in Nera Networks in 2009, and correspondingly for the 1st quarter in 2010
6/30/2010