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ZAGREB (Croatia), July 12 (SeeNews) - Croatia's Ericsson Nikola Tesla said on Friday it has signed a 34 million kuna ($5.2 million/4.6 million euro) framework agreement with Bosnian telecommunications operator HT Eronet for expanding the LTE network across Bosnia.
The agreement is related to LTE network expansion to 800 MHz and 1,800 MHz, project management services, integrating new nodes into the network as well as training of Bosnian staff, the Croatian company said in a filing to the Zagreb Stock Exchange (ZSE).
With Eronet's radio system equipment, which is 5G- and IoT-ready, the company will smoothly transit to 5G in the future.
“The LTE contract signed with Ericsson Nikola Tesla is a strategic step in the collaboration of the two companies. We are happy that Ericsson Nikola Tesla is our technological partner in the modernisation of our network. As a result of that, we will provide our customers with the latest and most efficient radio technology on the market", said HT Eronet's management board chairman Vilim Primorac.
Ericsson is the single vendor of HT Eronet’s radio access network.
"Excellent team work, a relationship with the customer based on trust, and top-notch Ericsson solutions have ensured this job," said Ericsson Nikola Tesla's CEO Gordana Kovacevic.
(1 euro = 7.39409 kuna)