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CMC Infocomm secures S$3.8m worth of cellular network engineering contracts
CATALIST-LISTED CMC Infocomm Limited on Thursday morning said that it has secured new contracts with a total value of S$3.8 million for cellular network engineering and maintenance projects with leading mobile operators in the region.
In a filing to the bourse operator, the regional integrated and innovative communications solutions and services provider said that the projects are expected to wrap up over next two years.
Kevin Phua, executive director and CEO of CMC Infocomm, said: "We are pleased to secure these contracts in Singapore, Thailand and the Philippines, which reflects sustainable demand for our services and solutions."
The new contracts are not expected to have a material impact to the consolidated net tangible assets per share and earnings per share of the group for the current financial year ending May 31, 2017.