Enea signs Traffic Management contract worth USD 1.3 million with a Tier 1 Middle East mobile operator
Stockholm, Sweden, April 17, 2020 Enea® (Nasdaq Stockholm: ENEA) Enea has signed a three-year contract for deployment of a Traffic Management Platform and related software modules for acceleration and optimization with a Tier 1 mobile operator in the Middle East. The minimum contract value is USD 1.3 million. The contract includes perpetual software licenses and associated services, such as integration, support, and maintenance. License revenues, which account for the larger part of the contract, will be recognized in 2020, starting in the second quarter. Support and maintenance