RE: UK Contract.14 Apr 2022 10:09
August 2021.....
'The roll out of SMETS2 meters commenced in Q4 2018 and as previously announced, CyanConnode believes that, for ease of rapid deployment, installers are initially targeting installations in densely populated areas that have a reliable cellular signal. CyanConnode believes that the installation of its RF technology will gain momentum during the latter stages of the rollout.'
The company will now know, for certain, that this statement is wholly incorrect. It needs to be addressed in the next TU, whenever that is, and expected CC % unit numbers need to be advised. This is, by far, their largest running contract. They cannot continue to simply ignore what is clearly going on, however difficult the update will be.