May 27 (SeeNews) - Croatian blue-chip telecoms equipment manufacturer Ericsson Nikola Tesla said on Tuesday it has signed deals worth a combined 4.5 million kuna ($978,000/620,000 euro) to deliver, expand and upgrade fixed and mobile networks in Moldova and Belarus.
The deals concern delivery of a solution for fixed broad-band network, expansion and upgrade of AXE system, as well as a management system for mobile network to be delivered to telecommunications operators Interdnyestrcom (IDC) in Moldova and FE Velcom in Belarus, Ericsson Nikola Tesla said in a statement.
Ericsson Nikola Tesla's shares were traded at 2,310 kuna on Tuesday morning, down from Monday’s closing of 2,311 kuna. Swedish telecoms equipment giant Ericsson owns 49.07% of the Croatian company.
(1 euro=7.2556 Croatian kuna)