October 24 (SeeNews) - Croatian ICT solutions provider Ericsson Nikola Tesla [ZSE:ERNT] said it signed on Monday with Montenegro's Crnogorski Telekom [MNG:TECG] a five-year network maintenance agreement worth 12.5 million euro ($12.3 million).
The deal continues the two companies' successful long-term cooperation in the field of Crnogorski Telekom's mobile network maintenance, improvement and modernisation, Ericsson Nikola Tesla said in a filing to the Zagreb bourse.
Ericsson Nikola Tesla's shares traded at 1,580 kuna ($207/209 euro) intraday on Monday on the ZSE, down 1.25%, bourse data showed.
(1 euro=7.531 Croatian kuna)