BRIEF

on GECI INTERNATIONAL (EPA:ALGEC)

GECI International signs key contract in Brazil

Stock price chart of GECI INTERNATIONAL (EPA:ALGEC) showing fluctuations.

GECI International is strengthening its presence in Brazil through a strategic partnership with VIVO, a major telecommunications player. This contract, valued at more than €5 million, concerns its subsidiary AS+ Do Brasil. It focuses on the development of digital technologies and Smart Cities in Brazil.

The contract with VIVO, a subsidiary of Telefónica, extends for two and a half years and represents 60% of AS+ Do Brasil's annual turnover. The partnership includes the installation and optimization of network infrastructures, as well as the deployment of VIVO's digital solutions.

This collaboration joins other renowned partnerships, strengthening GECI's strategic position in South America. The company aims to become a leader in digital transformation and Smart Cities.

R. E.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all GECI INTERNATIONAL news