SINGAPORE (April 20): Nera Telecommunications (NeraTel) today announced its receipt of purchase orders amounting to approximately S$19.9 million in aggregate.
These are in relation to the supply, delivery, installation and maintenance of IP network equipment for “leading service providers in Singapore”, says the telecom and IT solutions provider in a Thursday aftermarket filing to the SGX.
The group does not expect the purchase orders to have a significant impact on the company’s performance for FY17.
Shares of NeraTel closed 1 Singapore cent higher at 40 Singapore cents on Thursday.