on GECI INTERNATIONAL (EPA:ALGEC)
Strategic contract renewal for AS+ Do Brasil
GECI International, through its subsidiary AS+ Do Brasil, has renewed a strategic contract with Ericsson, the world leader in telecom infrastructure, to develop digital technologies and Smart Cities in Brazil. This contract, worth more than €4 million, represents approximately 45% of the subsidiary's annual turnover.
The two-year contract aims to install and commission mobile network infrastructure and support the expansion of digital technologies. It will expand AS+ Do Brasil's geographical coverage in several regions.
AS+ Do Brasil, which employs 350 professionals, is part of a growth dynamic with an average annual increase of 17% in its turnover since 2019.
R. H.
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