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TH1NG - Divests its broadband customers

Prenumeration

TH1NG - Divests its broadband customers

2024-03-25 11:22:00

On Friday, TH1NG announced the divestment of its broadband customers to Bahnhof. While we would have preferred to see a slightly higher price tag, we view the divestment positively as it enhances TH1NG’s cash position and gross margin as well as reinforces its focus on the IoT business.

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