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REGIONAL communications network specialist and systems integrator, Ntegrator International, has secured four contracts worth S$10.7 million for projects in Vietnam, Singapore and Myanmar.
The first contract was awarded by the Viettel Group, Vietnam's largest mobile network operator with a growing international presence. The contract is for the supply of 12-volt, 155-ampere hour batteries.
The second contract was awarded by Viettel Global Investment Joint Stock Company, a subsidiary of the Viettel Group, for the provision of synchronous digital hierarchy equipment for network expansion.
The third contract is from Myanmar's Directorate of Procurement for the supply of telecom transmission equipment and accessories including fibre optic cables.
The three contracts are slated for delivery in the current financial year and are expected to contribute positively to Ntegrator's financial performance for the financial year ended Dec 31, 2015.
The fourth contract was awarded by Singapore Technologies Electronics and is for the supply, installation, testing and commissioning of the Communication Backbone Network at the Tuas West extension stations and integrated Operation Control Centre.
Work on this two-year contract is expected to contribute positively to Ntegrator's financial performance in FY15 and the financial year ending Dec 31, 2016.
On Wednesday, Ntegrator's counter closed up 7.41 per cent at S$0.029.