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Net Insight secures 5G time synchronization order from leading European telecom operator
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Beskrivning
| Land | Sverige |
|---|---|
| Lista | Mid Cap Stockholm |
| Sektor | Informationsteknik |
| Industri | Programvara |
Stockholm, Sweden – Net Insight has secured an order from a leading European telecom operator to deliver its time synchronization solution. This first order of 25 units of Zyntai nodes has been won in partnership with Net Insight’s Turkish partner Sekom and the majority of the revenue was recognized earlier this year.
Net Insight’s Zyntai product will provide network-based time synchronization independent of GNSS, offering the telecom operator a resilient and cost-efficient time synchronization interoperable with existing synchronization solutions.
“This is a strategic win for us in 5G time synchronization, verifying the strong competitiveness of the Zyntai solution,” says Crister Fritzson, CEO of Net Insight. “The leading telecom operator recognizes how crucial synchronization is for the robustness of its network and its vision for a GNSS-independent synchronization is aligned with how we have developed our Zyntai product. We share the telecom operator’s focus on excellence and innovation.”
For further information, please contact:
Crister Fritzson, CEO of Net Insight AB, +46 8 685 04 00, crister.fritzson@netinsight.net
About Net Insight
Net Insight (Nasdaq: NETI B) offers a GNSS/GPS independent time synchronization solution for TDD 5G networks through its Precision TimeNet product that provides the highest accuracy and performance while dramatically reducing CAPEX and OPEX for MSOs and speeding up 5G roll-outs by working over existing IP/MPLS networks.
With over 25 years of experience from the professional media industry where the world’s leading media providers have relied on Net insight’s Emmy®-winning Nimbra solution to guarantee their media transport and to accurately synchronize TV and media services over existing IP networks independently of GNSS/GPS. Net Insight now brings this uniquely established knowledge into the future mobile networks to solve 5G TDD time synchronization independent of GNSS/GPS. Solving time synchronization in 5G and 6G TDD networks through approaching it as an open disaggregated virtualized end-to-end service provided independent of the underlying network is for Net Insight the only future proof approach.
For more information, please visit netinsight.net
Follow us: LinkedIn: linkedin.com/company/net-insight/ X: x.com/NetInsight
About Sekom
For more information, please visit www.sekom.com.tr/en
This information is information that Net Insight 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 above, at 2024-12-09 17:30 CET.