Sharechat Logo

ikeGPS Group Limited (NZX: IKE) Signs Material Customer Contract

Friday 19th March 2021

Text too small?

ikeGPS Group Limited, the company setting the standard for collecting, managing and analysing pole and overhead asset information for North American electric utilities, communications companies and their engineering service providers, is pleased to announce that it has won a material long-term contract with a national engineering services business operating across the U.S. communications and utilities market. Their use of the IKE Platform will translate to approximately $0.7m revenue per annum.

IKE is also pleased to announce Crown Castle International Inc. (CCI), the largest provider of communications infrastructure for cell towers, small cells, and fiber in the U.S., has standardized on the IKE Platform for pole-related 5G and fiber deployment processes. IKE originally described CCI’s profile to the NZX and ASX in July 2020 and this marks the first time that it has been able to name them as a significant customer. Over the past quarter IKE has deployed its systems into an initial eight CCI regions.

IKE CEO Glenn Milnes, commented: “We are pleased to be closely aligned with CCI. Our objective is to get CCI networks built and to market faster, be it fiber or 5G construction, where the IKE platform has proven to more than double their pre-construction speeds for network deployments.”

Please see the link below for details:

IKE signs material customer contract with U.S. national engineering services business

Source: ikeGPS Group Limited



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZME Limited (NZX: NZM) NZ Markets Disciplinary Tribunal Censures
Rua Bioscience Limited (NZX: RUA) Announces CCO with Global Pharma Experience
Cannasouth Limited (NZX: CBD) Supply Activity Added to Cannasouth Commercial Licence
Skellerup Holdings Limited (NZX: SKL) Upgrades FY21 Earnings Guidance
Napier Port Holdings Limited (NZX: NPH) 2021 Earnings Guidance Update
Comvita Limited (NZX: CVT) Full Year Guidance Update
Scott Technology Limited (NZX: SCT) Meat Industry Contract Win
PaySauce Limited (NZX: PYS) Quarterly Market Update
NZ Windfarms Limited (NZX: NWF) Agrees a New VVFPA for Q1 2022 to Q3 2022
Harmoney Corp Limited (NZX: HMY) 3Q21 Trading Update