New Contract Momentum Continues, Awarded Tender by Hubei Mobile
Sydney, Jan 14, 2016 AEST (ABN Newswire) - Enice Holding Company (
ASX:ENC) ("Enice" or "the Company"), a vertically integrated wireless telecommunications technology business supplying China's rapidly growing telecommunications sector, today announced a successful tender notification from Hubei Mobile.
Highlights
- First successful tender notification from Hubei Mobile for the indoor distribution and WLAN construction services
- Builds on existing relationship with Hubei Mobile in an important province to the Company
- Significant momentum following recent contract wins from new and existing customers
- Awarded 5 bid sections in Hubei Province
- Estimated revenue from tender of RMB 39 million (A$8.43 million) between 2016 and 2017
The tender notification is for the indoor distribution and WLAN construction services of Hubei Mobile in 2016-2017. This is Enice's first successful bid of this service type in Hubei province, where the Company already has secured contracts for its DAS antenna products with this customer.
With Hubei Mobile, the Company will participate in the 2015 DAS integration project initially with potential for further projects after this winning tender.
The successful bid includes provision of DAS integration services for 5 cities in the region of Hubei province.
The contract is expected to generate revenue of RMB 39 million in total across 2016 and 2017, and demonstrates the further traction that the Company is gaining in this region.
About Enice Holding Co Ltd
Enice Holding Company Limited (ASX:ENC) is a vertically integrated wireless telecommunications technology business, with capabilities in the areas of technology development, product supply, and network management, maintenance and optimisation services, for the wireless telecommunications industry.
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