Ericsson Nikola Tesla signs EUR 7.5 mln deal with Moldovan client

The Croatian company Ericsson Nikola Tesla and the Moldovan telecommunications company Interdnestrcom have signed a contract worth close to HRK 56 million (EUR 7.5 million) for the construction of a 4G/LTE network with accompanying services and necessary software upgrades, Ericsson Nikola Tesla said on Wednesday.

Ericsson Nikola Tesla CEO Gordana Kovacevic said that she was looking forward to continuing the cooperation with the company's long-standing client.

The LTE network, to be delivered to the Moldovan client, is an important step in the technological evolution of mobile networks, with around one billion subscribers globally using LTE technology, Ericsson Nikola Tesla said.

Ericsson Nikola Tesla is a provider of modern information-communications products, solutions, software and services.

Last update: Wed, 09/03/2016 - 16:55

More from Business

Other countries join OPEC to cut oil output by 1.76 million barrels

The Organization of the Petroleum Exporting Countries (OPEC) managed to broaden its efforts to cut oil output on...

Greek ferry strike ends after eight days

A nationwide strike by Greek ferry workers that led to supply shortages on a several islands ended Saturday after...

Sky accepts 18-billion-pound takeover bid by 21st Century Fox

The board of British broadcaster Sky has accepted a takeover bid worth some 18 billion pounds (22.6 billion dollars...

Pilots resume negotiations with Lufthansa in long-running pay battle

Pilots working for Germany's flagship airline, Lufthansa, have returned to the negotiating table with their...

One third of big Australian companies pay no tax, tax office says

More than a third of the largest companies in Australia paid no tax in the previous financial year, according to...