on BEACONSMIND AG (isin : CH0451123589)
Beaconsmind Group Enhances Connectivity Across German Shopping Centers
beaconsmind Group, a leader in location-based marketing and infrastructure solutions, has implemented a major project for a prominent European real estate firm. This project covers several shopping centers in Germany, equipping them with advanced internet access and Cloud WiFi technology via its subsidiary, FREDERIX Hotspot GmbH.
The comprehensive installation enhances network infrastructure for both customers and businesses, enabling VDSL and Cloud WiFi services for over 3 million daily visitors. beaconsmind provides long-term support, ensuring improved network quality and user satisfaction.
With initial revenues projected in the mid-six-figure Euro range annually, this five-year contract strengthens beaconsmind's market position and demonstrates its technical expertise. Revenue recognition for this project is set to begin in 2024.
R. H.
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