Correction regarding the timing of reservations attributable to a customer contract in 5G Cloud Network Data Layer
Enea announces today a correction regarding the timing of reservations for not yet received payments, amounting to EUR 4 million, attributable to the multi-year contract for 5G Cloud Network Data Layer, signed with a European telecom operator in June 2020.
The company has established that the reservation will impact the second quarter since the triggering event occurred after the end of the first quarter.
Ola Burmark, Chief Financial Officer
Phone: +46 8 507 140 00
E-mail: [email protected]
Enea is a world-leading specialist in software for telecom and cybersecurity. The company’s cloud-native solutions connect, optimize, and secure services for mobile subscribers, enterprises, and the Internet of Things. More than 100 communication service providers and 4.5 billion people rely on Enea technologies every day.
Enea has strengthened its product portfolio and global market position by integrating a number of acquisitions, including Qosmos, Openwave Mobility, Aptilo Networks, and AdaptiveMobile Security.
Enea is headquartered in Stockholm, Sweden, and is listed on Nasdaq Stockholm.
For more information: www.enea.com