October 1 (SeeNews) - Croatian telecommunications equipment manufacturer Ericsson Nikola Tesla [ZSE:ERNT] said it has signed a 29 million kuna ($4.5 million/3.8 million euro) contract with Bosnian telecommunications company HT Mostar [SAJ:HTKMR].
The contract envisages the expansion and modernisation of the 4G/4G+ network and transmission network of HT Mostar, Ericsson Nikola Tesla said in a filing to the Zagreb bourse on Wednesday.
"This is an important strategic step on the road towards 5G in Bosnia and Herzegovina,” Ericsson Nikola Tesla CEO Gordana Kovacevic was quoted as saying.
(1 euro = 7.5625 kuna)