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TELECOM & INTERNET | Staff Reporter, Singapore

NeraTel clinches contracts worth $13.8m

For the supply of IP network equipment.

Nera Telecommunications and its subsidiaries have received contracts worth approximately $13.8m in aggregate, the company said in a statement to the SGX.

The contracts are in relation to the supply, delivery, installation and maintenance of IP network equipment for a leading regional telecom and cellular operator in the Asia Pacific region.

The deals are not expected to have a significant impact the company’s performance for the current financial year.

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