MTI Wireless Good RNS2 Nov 2021 08:53
MTI Wireless Edge Ltd (AIM: MWE), the technology group focused on comprehensive communication and radio frequency solutions across multiple sectors, is pleased to announce that its antenna division has received blanket orders for 5G backhaul antenna from two key customers. The combined orders are worth approximately USD $0.85 million and are to be supplied in 2022.
MTI's CEO, Moni Borovitz, commented: "These significant new orders demonstrate the strength of our 5G backhaul solution and our customers' satisfaction with it. The orders are expected to be supplied before the end of 2022 and will be part of our expected uplift in 5G sales next year."