InCoax wins add-on order for Managed Services of 1 MSEK from the US-based Fiber/LAN operator.
InCoax has received an add-on order regarding software maintenance, operation, and platform support of installed InCoax systems from the US-based Fiber/LAN operator. The order amounts to 1 million SEK and will be invoiced in 2022. The revenue will be deferred over four years starting in January 2023.
"The Managed Services service for deployed sites leads to a deeper integration with the operator's organization. It complements our product offering of traditional hardware and software solutions and strengthens the ties between our two companies", says Andreas Bergman, Head of Sales of InCoax Networks AB.
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 11.00 CET on December 16, 2022.
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) is reusing existing property coaxial networks for broadband access in Fiber-To-The-Home (FTTH) deployments for Communication Service Providers (CSP) globally.
The technology is a high performance, future proof, reliant, cost-effective and non-intrusive complement to fiber, 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. Augment Partners AB, tel. +46 8-604 22 55 info@augment.se, is acting as the company’s Certified Adviser.