The Board of Directors of Nera Telecommunications is pleased to announce that the Company and its wholly-owned subsidiary, PT
January 12, 2007
BERGEN, Norway -- The Board of Directors of Nera Telecommunications Ltd ("the Company") is pleased to announce that the Company and its wholly-owned subsidiary, PT. Nera Indonesia, received Purchase Orders from one of the cellular operators in Indonesia for the supply, delivery, installation and maintenance of Microwave Transmission Equipment. The Purchase Orders have a total value of S$28 million.
Of the total value of S$28 million, S$22 million is for the supply of Microwave Radio and S$6 million is for the maintenance services of the Microwave Radio.
The Purchase Orders are not expected to have a significant impact on the performance of the Group for the current financial year.
Nera Networks AS
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