InCoax receives order worth 0.45 million USD (5 million SEK) from the US-based FiberLAN operator

InCoax has received a new order valued at 0.45 MUSD (5 MSEK) for system products from the US-based FiberLAN operator, with delivery scheduled for December 2024.

The operator is supplementing its previous 2024 orders as part of its ongoing expansion using InCoax’s solution. This has led to an additional order for 2.5 Gbps modems, which will be installed in new facilities and complement already operational sites.

Learn more about InCoax and its MultiGigabit solutions here.

This information is such information as InCoax Networks AB (publ.) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact persons set out below, at 14.00 CEST on October 21, 2024.

For additional information, please contact:

Jörgen Ekengren, CEO, InCoax Networks AB
jorgen.ekengren@incoax.com
+46 73 899 55 52

About InCoax Networks AB

InCoax Networks AB (publ) re-purposes existing property coaxial networks in fiber and fixed wireless access (FWA) extension deployments for Communication Service Providers (CSP) globally. The technology is a high performance, future proof, reliable and cost-effective complement, that reduces installation time and improves take-up rate, to boost digital inclusion and internet access for all.

To keep updated on corporate information, visit incoax.com. Vator Securities AB, tel. +46 8-5800 6599, ca@vatorsec.se, is acting as the company’s Certified Adviser.