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Pin to quick picksAshoka India Equity Investment Trust Plc Share News (AIE)

Share Price Information for Ashoka India Equity Investment Trust Plc (AIE)

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Share Price: 271.00
Bid: 269.00
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Change: 7.00 (2.65%)
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Open: 266.00
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Ashoka India Equity is an Investment Trust

To achieve long-term capital appreciation, mainly through investment in securities listed in India and listed securities of companies with a significant presence in India.

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Anite Wins SAS Product Contract With China Telecom

Thu, 14th May 2015 08:01

LONDON (Alliance News) - Wireless equipment-testing technology company Anite PLC on Thursday said it has secured a contract from Chinese state-owned telecommunications company China Telecom.

Under the deal, China Telecom will use Anite's interoperability and performance test product, SAS, as a part of its long-term evolution (LTE) acceptance programme, which ensures devices perform as expected on the provider's platform.

No financial details on the contract were disclosed.

"We are delighted to have been selected by China Telecom for LTE data throughput testing. Anite's range of leading device test solutions enable mobile operators like China Telecom to cost-effectively and quickly verify and launch new devices to market," said Paul Beaver, products director in the device and infrastructure testing arm of Anite.

Shares in Anite were up 1.8% to 94.62 pence on Thursday.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.

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