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Tecnotree reaches 8-year record order volume at end of Q2

Monday 16 August 2021 | 12:27 CET | News
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Finnish vendor Tecnotree said that its order book reached an eight-year high at the end of the second quarter at EUR 55 million, up from EUR 32.1 million on 31 December 2020, after it won a digital BSS transformation contract from a large Middle Eastern operator and a modernisation deal for five MTN African operations. Net sales to EUR 16.7 million from EUR 14.1 million in Q2 a year earlier. CEO Padma Ravichander said Tecnotree has proven its resilience in the last several quarters, and Finnish financial analyst Inderes described it as a "well-performing phoenix".

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Categories: Mobile & Wireless
Companies: Tecnotree
Countries: World
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Related Info

Tecnotree wins order for Digital BSS Suite 5 from MTN for 5 countries
23 Jun | Africa | News
Tecnotree Q1 order book hits 6-year high as world telecoms market show positive signs
29 Apr | World | News
Tecnotree inks deal to migrate 15 mln LatAm customers to virtual charging system
31 Mar | Latin America | News
Tecnotree wins EUR 6 mln five-year contract for Digital BBS Suite 5 from MEA operator
5 Jan | Africa | News
Tecnotree lifts Q2 sales and profit, H1 order book swells by 55%
13 Aug 2020 | World | News
Tecnotree says its liquidity situation is critical
28 Apr 2017 | Finland | News

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