July 6 (SeeNews) - Bulgaria's Telelink Business Services Group (TBS Group) [BUL: TBS] said that its unit Telelink Business Services signed on July 1 a framework agreement with German air carrier Lufthansa for the provision of LAN and WiFi services within a period of five years.
Under the framework deal, Telelink Business Services will be responsible for the provision of the respective services in different locations where Lufthansa has subsidiaries, maintains bases and/or operates, TBS Group said in a bourse filing last week without disclosing the price of the deal.
Earlier this year, TBS Group said that Telelink Business Services has been invited to discuss a possible framework agreement with Lufthansa following a tender.
As at 15:15 CET on Tuesday, TBS Group shares traded 2.14% lower at 13.70 levs ($8.30/7.00 euro) on the Bulgarian Stock Exchange. The company was listed on the Sofia bourse in June 2020.
TBS Group was spun off from Telelink Bulgaria in 2019, becoming the sole owner of IT infrastructure, information security and digital transformation solutions provider Telelink Business Services and several other units of Telelink, engaged in similar activities.
(1 euro = 1.95583 levs)