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Croatia's Ericsson Nikola Tesla in 11 mln kuna ($1.5 mln) deal with Bosnia's HT Mostar

Author Annie Tsoneva
Croatia's Ericsson Nikola Tesla in 11 mln kuna ($1.5 mln) deal with Bosnia's HT Mostar Ericsson Nikola Tesla

ZAGREB (Croatia), January 21 (SeeNews) - Croatian ICT solutions provider Ericsson Nikola Tesla [ZSE:ERNT] said on Friday it has signed a deal worth over 11 million kuna ($1.7 million/1.5 million euro) with Bosnian telco HT Mostar related to the management of Ericsson solutions software and licenses in the network of HT Mostar.

“This contract will enable HT Mostar to use the latest software versions of Ericsson solutions, as well as a simplified and a more agile network elements management,” Ericsson Nikola Tesla said in a filling to the Zagreb bourse.

It is a continuation a successful long-term cooperation between the two companies, it added.

Ericsson Nikola Tesla shares traded at 1,960 kuna on the ZSE intraday on Friday, down 1.75%.

(1 euro=7.528 Croatian kuna)

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