CyanConnode - Smart metering order in Bangladesh
CYAN
Thu, 15 Jun 2017, 07:55 BST
CyanConnode Holdings plc is listed on the AIM market in London and is based in Cambridge UK. The company has three wholly owned subsidiaries, CyanConnode Ltd (a company registered in England and Wales), CyanConnode Private Limited (a company registered in India), and Connode Holding AB (a company registered in Sweden). In addition, Connode Holding AB has one wholly owned subsidiary, Connode AB (a company registered in Sweden), which also has a wholly owned subsidiary, Connode India Private Limited (a company registered in India). The companies provide wireless communication technology for smart metering, lighting and the Internet of Things.
Industry: Telecommunications
Contact:
http://www.cyanconnode.com/
John Cronin, Executive Chairman, provides an update on another substantial order. The $5.4M order for a smart metering deployment in Bangladesh we announced in February has now been increased to $9.3M, which represents an uplift of $3.9M. The units to be deployed are now 250,000 instead of 150,000 in the original order.
