ZAGREB (Croatia), April 26 (SeeNews) – Croatian telecoms equipment manufacturer Ericsson Nikola Tesla [ZSE:ERNT-R-A] said on Tuesday it has extended its cooperation agreement with Montenegro's Crnogorski Telekom [NEXM:TECG] in the area of radio access network (RAN) systems and mobile core networks to end-2018.
Under the deal, Ericsson Nikola Tesla will continue to work on the modernisation of the Montenegrin operator's mobile core network, replacing key components of the mobile access network and adding new functionalities for the IMS platform, the Croatian company said in a filing with the Zagreb bourse.
“With this we continue a successful long-term partnership with Crnogorski Telekom [...]. In line with the signed agreement, Crnogorski Telekom will ensure an even greater efficiency and readiness for future demands of its network that will also be easier to manage," Ericsson Nikola Tesla's president Gordana Kovacevic said in the statement.
Crnogorski Telekom, part of Deutsche Telekom Group, while Ericsson Nikola Tesla is 49.07%-owned by Swedish telecoms equipment giant Ericsson.