RE: The UK connects 14 million smart meters ...........9 Sep 2021 11:37
Good morning CB and all,
In reply to your Monday 22:18 post, CB, as I understand it and so should other CyanConnode share-holders also, while there is a small amount of revenue being collected from the UK SMIP contract at the moment, which is still at an early stage of deployment as far as CyanConnode is concerned, the later stages of the contract, now extended to 2024, is where CyanConnode will be involved more in the SMIP contract.
How much more exactly, is yet to be determined. But the more smart meters that are connected to the DCC network, the closer it comes to CyanConnode's potential RF market within the UK SMIP contract, being realised.
So realistically, I will not be expecting revenues to increase significantly, from the UK SMIP contact, until towards 2023/2024.
But this will depend on the development of CyanConnode's RF market, within the UK SMIP project.
LTI.