Netel signs new framework agreements with the Swedish Transport Administration regarding the design and construction of telecommunications masts
Prenumeration
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Small Cap Stockholm |
| Sektor | Tjänster |
| Industri | Teknik-konsult |
Intresserad av bolagets nyckeltal?
Analysera bolaget i Börsdata!
Vem äger bolaget?
All ägardata du vill ha finns i Holdings!
Netel has signed two framework agreements with the Swedish Transport Administration for the design and construction of telecommunications masts and towers for the new European railway communication system, FRMCS. The Swedish Transport Administration is a new customer for Netel’s Telecom division.
The framework agreements are three years with the possibility of extension until 2030. The total value is estimated at just over SEK 130 million by 2030. The agreements cover design including building permits and construction of masts and towers along the railway as well as upgrading existing equipment to the new communication system.
FRMCS – Future Railway Mobile Communication System – is the new railway communication system based on 5G standards that provides interoperability within the EU. Implementation is underway across the continent and in Sweden the national rollout will begin in 2030 and be completed in 2033.
“It means a lot to us to be part of building the new modern communication system for safe and efficient rail traffic in Europe,” says Jeanette Reuterskiöld, President and CEO of Netel. “The agreements are also further proof that we are successful with our strategy of growing with new customers.”