To put things into a perspective, the deal accounts for roughly 1.5% of the company’s trailing 12m consolidated sales.

Ericsson Nikola Tesla announced that they have signed a contract with HT Mostar worth more than HRK 29m. The mentioned contract regards the expansion and modernization of 4G/4G+ network and transmission network of HT Mostar.

This contract continues the rollout and modernization of LTE network based on Ericsson Radio System solution, as well as the expansion of transmission network by using new MINILINK products. The company notes that the realization of the contracted activities starts immediately and with the usual dynamics, despite the new circumstances.

To put things into a perspective, the deal accounts for roughly 1.5% of the company’s trailing 12m consolidated sales.