Nera Telecommunications Secures Contract Renewal Worth SG$30 Million; Shares Up 7%

MT Newswires

2025/06/26

Nera Telecommunications (SGX:N01) renewed a framework contract worth around SG$30 million, according to a late Wednesday filing on the Singapore Exchange.

Shares of the company surged over 7% in recent trading.

Under the contract with a service provider in Southeast Asia, the company will implement a smart services training program and deploy trained resources across more than hundred sites.

The contract's managed services component will last for over five years.

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